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Company Registration No. 15324428 (England and Wales)
Miras Property Limited Unaudited accounts for the year ended 30 November 2025
Miras Property Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Miras Property Limited Company Information for the year ended 30 November 2025
Directors
Ali Ansari Sarka Ansari
Company Number
15324428 (England and Wales)
Registered Office
141 ROSEDEN WAY NEWCASTLE UPON TYNE NE13 9BD ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Miras Property Limited Accountants' report
Accountants' report to the board of directors of Miras Property Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Miras Property Limited for the year ended 30 November 2025 as set out on pages 5 - 7 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 Miras Property 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 Miras Property 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 Miras Property Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Miras Property 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 Miras Property Limited. You consider that Miras Property 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 Miras Property 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 10 July 2026
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Miras Property Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
340,000
340,000
Current assets
Cash at bank and in hand
27,391
1,404
Creditors: amounts falling due within one year
5
(114,331)
(255,180)
Net current liabilities
(86,940)
(253,776)
Total assets less current liabilities
253,060
86,224
Creditors: amounts falling due after more than one year
6
(259,047)
(91,500)
Net liabilities
(5,987)
(5,276)
Capital and reserves
Called up share capital
12
12
Revaluation reserve
10,956
10,506
Profit and loss account
(16,955)
(15,794)
Shareholders' funds
(5,987)
(5,276)
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
Ali Ansari Director Company Registration No. 15324428
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Miras Property Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Miras Property Limited is a private company, limited by shares, registered in England and Wales, registration number 15324428. The registered office is 141 ROSEDEN WAY, NEWCASTLE UPON TYNE, NE13 9BD, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
33% on cost
Investment property
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 taxation
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.
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Miras Property Limited Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At valuation
At cost
At 1 December 2024
337,600
3,000
340,600
Revaluations
600
-
600
At 30 November 2025
338,200
3,000
341,200
Depreciation
At 1 December 2024
-
600
600
Charge for the year
-
600
600
At 30 November 2025
-
1,200
1,200
Net book value
At 30 November 2025
338,200
1,800
340,000
At 30 November 2024
337,600
2,400
340,000
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
103,500
Loans from directors
112,387
150,708
Accruals
1,944
972
114,331
255,180
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
259,047
91,500
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
7
Transactions with related parties
At the year end, the company owed £112,387 (2024 - £150,708) to the Directors, interest of £0 was charged in the period (2024 - £0).
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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