Company registration number: 13327925
Annual report and unaudited financial statements
for the year ended 30 April 2026
for
MI Prop Limited
Pages for filing with the Registrar
Company registration number: 13327925
MI Prop Limited
Balance sheet
as at 30 April 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 218,544 218,544
218,544 218,544
Current assets
Cash at bank and in hand 6,825 6,569
6,825 6,569
Creditors: amounts falling due within one year
(212,978) (213,251)
Net current liabilities (206,153) (206,682)
Total assets less current liabilities 12,391 11,862
NET ASSETS 12,391 11,862
Capital and reserves
Share premium account 2 2
Profit and loss account 12,389 11,860
TOTAL EQUITY 12,391 11,862
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13327925
MI Prop Limited
Balance sheet - continued
as at 30 April 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 17 August 2026 and signed on its behalf by:
Mr M Butler, Director Mr I Philips, Director
17 August 2026 17 August 2026
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MI Prop Limited
Notes to the financial statements
for the year ended 30 April 2026
1 Company information
MI Prop Limited is a private company registered in England and Wales. Its registered number is 13327925. The company is limited by shares. Its registered office is 14 Guest Road, Prestwich, Manchester, M25 3DL.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property -
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was Nil (2025 - Nil).
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MI Prop Limited
Notes to the financial statements - continued
for the year ended 30 April 2026
4 Tangible fixed assets
Land and buildings
£
Cost
At 1 May 2025 218,544
At 30 April 2026 218,544
Depreciation
At 30 April 2026 -
Net book value
At 30 April 2026 218,544
At 30 April 2025 218,544
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