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Company Registration No. 08815850 (England and Wales)
MIRESA LIMITED
Financial Statements
for the Period from 01 April 2025 to 31 March 2026

MIRESA LIMITED

Financial Statements for the period ending 31 March 2026

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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MIRESA LIMITED

Financial Statements for the period ending 31 March 2026

Company Information

Company Details
Company Number 08815850
Registered Office 89 THE ROWLANDS
BIGGLESWADE
SG18 8NZ
Directors
Directors who held office during the period were:
Sally Rose HALL   
Andrew James Simon MILLER   
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MIRESA LIMITED

Financial Statements for the period ending 31 March 2026

Statement of Financial Position

123456789
Notes 2026 2025
£ £
Fixed Assets
Tangible assets 5 326,217 336,733
Current Assets
Debtors due 213 75,160
Cash at bank and in hand 1,064 2,581
1,277 77,741
Creditors
Amount falling due within one year (99,148) (111,912)
Net Current Assets (97,871) (34,171)
Total Assets less current liabilities 228,346 302,562
Creditors due after more than one year (254,073) (326,133)
Net Assets (25,727) (23,571)
Capital and Reserves
Called up Share Capital 100 100
Retained earnings at end of year (25,827) (23,671)
Shareholder funds (25,727) (23,571)
For the year ending 31/03/2026 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 08 June 2026
Mr Andrew Miller
Company Registration No. 08815850
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MIRESA LIMITED

Financial Statements for the period ending 31 March 2026

Notes to the Accounts

1. Statutory Information
MIRESA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08815850.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. These financial statements have been prepared using the historical cost convention.Going concernThe financial statements have been prepared on the going concern basis. As at 31 March 2026, the company had net liabilities of £25,727 (2025: £23,571). The directors have assessed the company's ability to continue as a going concern for at least twelve months from the date of approval of these financial statements and consider this basis to be appropriate for the following reasons:• The company owns freehold commercial property with carrying value £325,635 which generates rental income of approximately £26,000 per annum from a long-term commercial tenant, sufficient to cover ongoing operating costs and loan interest.• Long-term financing of £249,740 is provided by the Hall Family Trust, a related party. The loan is repayable one calendar year after the lender serves notice and the directors confirm no such notice has been served or is anticipated within the going concern assessment period.• Directors' loan accounts totalling £86,191 are in credit balance with the company and the directors confirm no demand for repayment of these balances will be made within the going concern assessment period.• The Bounce Back Loan balance of £3,850 will be repaid in full from operating cash flows by September 2026 in accordance with its existing repayment schedule.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover comprises rental income from the letting of commercial property and revenue from the provision of marketing and advertising services and ancillary sales of goods, recognised in the period in which the services are provided or goods are sold. Rental income is recognised on a straight-line basis over the term of the lease. Turnover is shown net of value added tax, returns, rebates and discounts.
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MIRESA LIMITED

Financial Statements for the period ending 31 March 2026

Notes to the Accounts

Current Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.Adjustments in respect of prior periods comprise the release of an over-provision of £127 in relation to the year ended 31 March 2025 corporation tax liability (which HMRC confirmed would not be pursued) and the release of £134 of historic provision balances from earlier accounting periods.
Tangible Fixed Asset Policy
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Tangible assets with an individual cost of less than £2,000 are expensed in the profit and loss account in the period of acquisition rather than capitalised.Depreciation is charged so as to write off the cost of assets, other than freehold land and buildings, over their estimated useful lives, as follows: computer equipment 33% straight line; office equipment 33% straight line; warehouse equipment 33% straight line. Freehold buildings are not depreciated.
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MIRESA LIMITED

Financial Statements for the period ending 31 March 2026

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2026 1
2025 2
4. Principal Activity
The principal activity of the company is property rental and provision of marketing and advertising services.
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MIRESA LIMITED

Financial Statements for the period ending 31 March 2026

Notes to the Accounts

5. Fixed Assets
Land and buildings Plant and Machinery Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £ £ £
At 01/04/2025 325,635 29,989 168 1,748 357,540
Additions - - - - -
Disposals - (903) - - (903)
At 31/03/2026 325,635 29,086 168 1,748 356,637
Depreciation
At 01/04/2025 - 20,108 116 583 20,807
Charge for the year - 9,583 52 583 10,218
Disposals - (605) - - (605)
At 31/03/2026 - 29,086 168 1,166 30,420
Net Book Value
At 31/03/2026 325,635 - - 582 326,217
At 31/03/2025 325,635 9,881 52 1,165 336,733
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