Company Registration No. 09746727 (England and Wales)
Minihan Properties Limited
Unaudited accounts
for the year ended 31 July 2025
Minihan Properties Limited
Unaudited accounts
Contents
Minihan Properties Limited
Company Information
for the year ended 31 July 2025
Company Number
09746727 (England and Wales)
Registered Office
210 COAL CLOUGH LANE
BURNLEY
LANCASHIRE
BB11 4NJ
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Minihan Properties Limited
Accountants' report
Accountants' report to the director of Minihan Properties Limited on the preparation of the unaudited statutory accounts for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Minihan Properties Limited for the year ended
31 July 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Minihan Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Minihan Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Minihan Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Minihan Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Minihan Properties Limited. You consider that Minihan Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Minihan Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
2 March 2026
Minihan Properties Limited
Statement of financial position
as at 31 July 2025
Investment property
190,000
190,000
Cash at bank and in hand
420
3,071
Creditors: amounts falling due within one year
(20,850)
(19,092)
Net current liabilities
(7,210)
(3,551)
Total assets less current liabilities
182,790
186,449
Creditors: amounts falling due after more than one year
(161,708)
(165,297)
Provisions for liabilities
Deferred tax
(7,712)
(7,712)
Called up share capital
100
100
Revaluation reserve
46,268
46,268
Profit and loss account
(32,998)
(32,928)
Shareholders' funds
13,370
13,440
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 March 2026 and were signed on its behalf by
F Minihan
Director
Company Registration No. 09746727
Minihan Properties Limited
Notes to the Accounts
for the year ended 31 July 2025
Minihan Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09746727. The registered office is 210 COAL CLOUGH LANE, BURNLEY, LANCASHIRE, BB11 4NJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Minihan Properties Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Fair value at 1 August 2024
190,000
Amounts falling due within one year
Amounts due from group undertakings etc.
12,545
11,795
7
Creditors: amounts falling due within one year
2025
2024
Other creditors
18,170
17,320
Loans from directors
641
-
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
126,562
128,150
Other creditors
35,146
37,147
Aggregate of amounts that fall due for payment after five years
120,463
120,463
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
Minihan Properties Limited
Notes to the Accounts
for the year ended 31 July 2025
9
Deferred taxation
2025
2024
Revaluation of investment property
15,423
15,423
Tax losses carried forward
(7,711)
(7,711)
Provision at start of year
7,712
1,151
Charged to the profit and loss account
-
6,561
Provision at end of year
7,712
7,712
10
Transactions with related parties
At the balance sheet date, the company owed a total of £17,495 (2024 - £16,645) to a related company.
At the balance sheet date the company was owed £12,545 (2024 - £11,795) by a subsidiary.
These balances are interest-free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).