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COMPANY REGISTRATION NUMBER: 11665867

Miliya Properties Limited

Filleted Unaudited Financial Statements

30 November 2025

Miliya Properties Limited

Statement of Financial Position

30 November 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 4 | 590,430 | 590,618

Current assets

Debtors | 5 | 11,229 | 14,305
Cash at bank and in hand | 72,686 | 73,649
| -------- | --------
| 83,915 | 87,954

Creditors: amounts falling due within one year | 6 | 185,221 | 185,221
| --------- | ---------
Net current liabilities | 101,306 | 97,267
| --------- | ---------
Total assets less current liabilities | 489,124 | 493,351

Creditors: amounts falling due after more than one year | 7 | 494,052 | 494,052
| --------- | ---------
Net liabilities | ( 4,928) | ( 701)
| --------- | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | ( 5,028) | ( 801)
| ------- | ----
Shareholders deficit | ( 4,928) | ( 701)
| ------- | ----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Miliya Properties Limited

Statement of Financial Position (continued)

30 November 2025
These financial statements were approved by the board of directors and authorised for issue on 21 August 2026 , and are signed on behalf of the board by:

Mr R P Patel
Director

Company registration number: 11665867

Miliya Properties Limited

Notes to the Financial Statements

Year ended 30 November 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Mill, 9 Soar Lane, Leicester, LE3 5E.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company has an insolvent balance sheet for the current year. The director and has pledged their continued support for the company and accordingly the accounts have been prepared on a going concern basis, which in the circumstances appears appropriate.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 33% straight line

Investment property
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Tangible assets

| Investment property | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 December 2024 | 589,748 | 2,558 | 592,306
Additions | – | 999 | 999
Disposals | – | ( 1,309) | ( 1,309)
| --------- | ------- | ---------
At 30 November 2025 | 589,748 | 2,248 | 591,996
| --------- | ------- | ---------
Depreciation |  |  |
At 1 December 2024 | – | 1,688 | 1,688
Charge for the year | – | 742 | 742
Disposals | – | ( 864) | ( 864)
| --------- | ------- | ---------
At 30 November 2025 | – | 1,566 | 1,566
| --------- | ------- | ---------
Carrying amount |  |  |
At 30 November 2025 | 589,748 | 682 | 590,430
| --------- | ------- | ---------
At 30 November 2024 | 589,748 | 870 | 590,618
| --------- | ------- | ---------

The Director considers that the above investment property is disclosed at its fair value.
5. Debtors

| 2025 | 2024
| £ | £
Other debtors | 11,229 | 14,305
| -------- | --------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Other creditors | 185,221 | 185,221
| --------- | ---------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 494,052 | 494,052
| --------- | ---------

The bank loans relate to Paragon Bank plc and Aldermore Bank plc, which have legal security interests in investment properties.
Included within creditors: amounts falling due after more than one year is an amount of £494,052 (2024: £494,052) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date.
8. Directors' advances, credits and guarantees
At the year end the director was owed £183,346 (2024: £183,346) by the company.