1 November 2024 false Taxfiler 2024.6 04094365 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04094365 2024-10-31 04094365 2024-11-01 2025-10-31 04094365 business:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 04094365 business:FilletedAccounts 2024-11-01 2025-10-31 04094365 2025-10-31 04094365 business:Director1 2024-11-01 2025-10-31 04094365 business:CompanySecretary1 2024-11-01 2025-10-31 04094365 business:RegisteredOffice 2024-11-01 2025-10-31 04094365 2024-10-31 04094365 core:WithinOneYear 2025-10-31 04094365 core:WithinOneYear 2024-10-31 04094365 core:AfterOneYear 2025-10-31 04094365 core:AfterOneYear 2024-10-31 04094365 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 04094365 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 04094365 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 04094365 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 04094365 core:PreviouslyStatedAmount 2025-10-31 04094365 core:PreviouslyStatedAmount 2024-10-31 04094365 business:SmallEntities 2024-11-01 2025-10-31 04094365 countries:EnglandWales 2024-11-01 2025-10-31 04094365 core:PlantMachinery 2024-11-01 2025-10-31 04094365 core:MotorVehicles 2024-11-01 2025-10-31 04094365 core:ComputerEquipment 2024-11-01 2025-10-31 04094365 core:PlantMachinery 2024-10-31 04094365 core:MotorVehicles 2024-10-31 04094365 core:ComputerEquipment 2024-10-31 04094365 core:PlantMachinery 2025-10-31 04094365 core:MotorVehicles 2025-10-31 04094365 core:ComputerEquipment 2025-10-31 04094365 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 04094365 (England and Wales)
Mirage Developments Limited Unaudited accounts for the year ended 31 October 2025
Mirage Developments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Mirage Developments Limited Company Information for the year ended 31 October 2025
Director
Sonia Kaur
Secretary
Sonia Kaur
Company Number
04094365 (England and Wales)
Registered Office
42 Bullescroft Road Edgware Middlesex HA8 8RW England
- 3 -
Mirage Developments Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
54,942
34,822
Investment property
5
5,031,137
5,031,137
5,086,079
5,065,959
Current assets
Inventories
787,403
554,971
Debtors
6
666,804
664,595
Cash at bank and in hand
216,331
47,977
1,670,538
1,267,543
Creditors: amounts falling due within one year
7
(2,618,954)
(2,275,780)
Net current liabilities
(948,416)
(1,008,237)
Total assets less current liabilities
4,137,663
4,057,722
Creditors: amounts falling due after more than one year
8
-
(21,883)
Net assets
4,137,663
4,035,839
Capital and reserves
Called up share capital
2
2
Profit and loss account
4,137,661
4,035,837
Shareholders' funds
4,137,663
4,035,839
For the year ending 31 October 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 her 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 1 August 2026 and were signed on its behalf by
Sonia Kaur Director Company Registration No. 04094365
- 4 -
Mirage Developments Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Mirage Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 04094365. The registered office is 42 Bullescroft Road, Edgware, Middlesex, HA8 8RW, 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:
Plant & machinery
20% straight line basis
Motor vehicles
20% written down value basis
Computer equipment
20% written down value basis
- 5 -
Mirage Developments Limited Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
33,000
44,284
1,818
79,102
Additions
-
67,682
-
67,682
Disposals
-
(44,284)
-
(44,284)
At 31 October 2025
33,000
67,682
1,818
102,500
Depreciation
At 1 November 2024
33,000
10,457
823
44,280
Charge for the year
-
13,536
199
13,735
On disposals
-
(10,457)
-
(10,457)
At 31 October 2025
33,000
13,536
1,022
47,558
Net book value
At 31 October 2025
-
54,146
796
54,942
At 31 October 2024
-
33,827
995
34,822
5
Investment property
2025
£
Fair value at 1 November 2024
5,031,137
At 31 October 2025
5,031,137
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
663,595
663,595
Other debtors
3,209
1,000
666,804
664,595
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,000,000
2,000,000
VAT
-
11,470
Obligations under finance leases and hire purchase contracts
31,153
2,002
Trade creditors
-
7,602
Taxes and social security
53,757
129,758
Other creditors
1,914
1,866
Loans from directors
529,706
119,847
Accruals
2,424
3,235
2,618,954
2,275,780
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
-
21,883
- 6 -
Mirage Developments Limited Notes to the Accounts for the year ended 31 October 2025
9
Average number of employees
During the year the average number of employees was 3 (2024: 2).
- 7 -