MYA Housing Ltd - Filleted accounts

Registered number

12269912

MYA Housing Ltd

Abridged Accounts

31 October 2025

MYA Housing Ltd
Registered number:		12269912
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		125,000			125,000

Current assets
Debtors	4	2,245			-
Cash at bank and in hand		1,386			2,919
		3,631			2,919

Creditors: amounts falling due within one year	5	(4,233)			(4,149)

Net current liabilities			(602)			(1,230)

Total assets less current liabilities			124,398			123,770

Creditors: amounts falling due after more than one year	6		(81,431)			(81,431)

Provisions for liabilities			(8,734)			(8,734)


Net assets			34,233			33,605

Capital and reserves
Called up share capital			100			100
Revaluation reserve	8		37,234			37,234
Profit and loss account			(3,101)			(3,729)

Shareholder's funds			34,233			33,605

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Jared Rosser
Director
Approved by the board on 11 June 2026

MYA Housing Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	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).

	Turnover
	Turnover is rental income incurred during the year from investment properties held. Revenue from the provision of rental properties is recognised over the period of rent, when and to the extent that, the company obtains the right to consideration in exchange for services provided.

	Tangible fixed assets
	Tangible fixed assets solely include residential investment properties that are held for earning rental income and capital appreciation. No depreciation has been provided.


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0


3	Tangible fixed assets
								Land and buildings
£
	Cost
	At 1 November 2024							125,000
	At 31 October 2025							125,000

	Depreciation
	At 31 October 2025							-

	Net book value
	At 31 October 2025							125,000
	At 31 October 2024							125,000


	Freehold land and buildings:					2025		2024
£							£
	Fair value					125,000		125,000
	Cumulative depreciation based on historical cost					-		-
						125,000		125,000
	Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in the profit and loss account. Oct 20 - £75,031 Cost Oct 21 - £75,031 Cost Oct 22 - £75,031 Cost £39,969 fair value adjustment £115,000 fair value revaluation Oct 23 - £5,000 fair value adjustment £120,000 fair value revaluation Oct 24 - £4,001 Cost of capital additions £999 fair value adjustment £125,000 fair value revaluation Oct 25 - £79,032 Cost B/Fwd £45,968 Fair Value adjustment previous year £125,000 Revluation on property at fair value as at 31st Oct 2025 Fair value revaluations are provided and recognised by the director and are considered in line with current market conditions.


4	Debtors					2025		2024
£							£

	Director's loan account					2,245		-


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Mortgage < 1 year					2,769		2,769
	Bond Received					475		475
	Accruals					989		750
	Director's account					-		155
						4,233		4,149


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Mortgage > 1 year					81,431		81,431


7	Loans					2025		2024
£							£
	Creditors include:

	Secured mortgage					84,200		84,200

	Buy to let Mortgage secured on rental property.


8	Revaluation reserve					2025		2024
£							£

	At 1 November 2024					37,234		36,425
	Gain on revaluation of land and buildings					-		999
	Deferred taxation arising on the revaluation of land and buildings					-		(190)

	At 31 October 2025					37,234		37,234


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Jared Rosser
	Director's Loan Account	(155)		2,400		-		2,245

		(155)		2,400		-		2,245

	The director operates a current loan account with the company, which is debited with payments made by the company on behalf of the director and credited with funds introduced and undrawn director's fees. At the year end the amount owing to the company from the director was £2245. This amount being included in Debtors.




10	Called up share capital
£							£
	Allotted, issued and fully paid:
		Number:		Nominal value
	Ordinary shares	100		£1		100		100

						100		100




11	Other information

	MYA Housing Ltd is a private company limited by shares and incorporated in Wales. Its registered office is:
	13 Martindale Road
	Griffithstown
	Pontypool
	Gwent
	NP4 5JP