REGISTERED NUMBER: 11262977 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Myles Residential Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Doherty

Mrs C Doherty

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

11262977 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Investment property

4

149,000

151,000

CURRENT ASSETS

Cash at bank

281

913

CREDITORS

Amounts falling due within one year

5

175,422

178,401

NET CURRENT LIABILITIES

(175,141

)

(177,488

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,141

)

(26,488

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

12,144

14,144

Retained earnings

(38,385

)

(40,732

)

(26,141

)

(26,488

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2026 and were signed on its behalf by:

Mr A Doherty - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Going concern

The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

151,000

Revaluations

(2,000

)

At 31 March 2026

149,000

NET BOOK VALUE

At 31 March 2026

149,000

At 31 March 2025

151,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2024

150,000

Valuation in 2025

1,000

Valuation in 2026

(2,000

)

149,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Amounts owed to associates

90,500

90,500

Other creditors

84,922

87,901

175,422

178,401

6.	RELATED PARTY DISCLOSURES

The Directors Mr A Doherty and Mrs C Doherty are considered to be the key management personnel.