MINIA ESTATES LTD


Directors	Mrs A Vekaria
	Mr C H Vekaria


Registered Address	42 Lytton Road
	Barnet
	EN5 5BY


Registered Number	13389968 (England and Wales)

Statement of Financial Position
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		86		1,119
Investment property	4		345,729		345,729
			345,815		346,848
Current assets
Debtors	5	7,481		1,645
Current asset investments	6	1		1
Cash at bank and on hand		6,663		14,693
		14,145		16,339
Creditors amounts falling due within one year	7	(64,727)		(22,506)
Net current assets (liabilities)			(50,582)		(6,167)
Total assets less current liabilities			295,233		340,681
Creditors amounts falling due after one year	8		(212,138)		(219,365)
Net assets			83,095		121,316
Capital and reserves
Called up share capital			100		100
Profit and loss account			82,995		121,216
Shareholders' funds			83,095		121,316

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 April 2026, and are signed on its behalf by:

Mr C H Vekaria
Director
Registered Company No. 13389968

MINIA ESTATES LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The presentation currency of the financial statements is the Pound Sterling (£).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	4

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Fixtures & fittings	Total
	£	£
Cost or valuation
At 01 August 24	4,130	4,130
At 31 July 25	4,130	4,130
Depreciation and impairment
At 01 August 24	3,011	3,011
Charge for year	1,033	1,033
At 31 July 25	4,044	4,044
Net book value
At 31 July 25	86	86
At 31 July 24	1,119	1,119

4.	Investment property


		£
	Fair value at 01 August 24	345,729
	At 31 July 25	345,729

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,925	1,645
Other debtors	5,556	-
Total	7,481	1,645

6.	Current asset investments
	At the balance sheet date, the Company held a current investment of £1 (2024: £1) in Minia & Co Ltd, a related party under common control.

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	15,142	15,142
Taxation and social security	-	1,267
Other creditors	48,444	4,956
Accrued liabilities and deferred income	1,141	1,141
Total	64,727	22,506

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	212,138	219,365
Total	212,138	219,365

9.	Related party transactions
	As at the balance sheet date, included in creditors due within one year is an amount of £48,444 (2024: £3,816) due and payable to the directors. The amount is interest free and repayable demand. At the balance sheet date, an amount of £5,556 (2024: £1,140 owed to) was owed by Minia & Co Ltd, a company related by virtue of the fact that they are under common control.