Company registration number: 16176642
Annual report and unaudited financial statements
for the period ended 31 December 2025
for
Mystic Glade Limited
Pages for filing with the Registrar
Company registration number: 16176642
Mystic Glade Limited
Balance sheet
as at 31 December 2025
Note £ £
Fixed assets
Investment property 4 389,707
389,707
Current assets
Debtors 875
Cash at bank and in hand 1,828
2,703
Creditors: amounts falling due within one year
(125,333)
Net current liabilities (122,630)
Total assets less current liabilities 267,077
Creditors: Amounts falling due after more than one year
(271,994)
NET LIABILITIES (4,917)
Capital and reserves
Called up share capital 100
Profit and loss account (5,017)
TOTAL EQUITY (4,917)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges 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: 16176642
Mystic Glade Limited
Balance sheet - continued
as at 31 December 2025
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.
Signed by:
Mr T Parkin, Director
17 September 2026
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Mystic Glade Limited
Notes to the financial statements
for the period ended 31 December 2025
1 Company information
Mystic Glade Limited is a private company registered in England and Wales. Its registered number is 16176642. The company is limited by shares. Its registered office is Suite 2 The Point, 1 Lower Railway Road, Ilkley, LS29 8FL.
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 director has 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 director takes 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 director considers 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.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the period the average number of employees was Nil.
4 Investment property
£
Valuation
Additions 389,707
At 31 December 2025 389,707
5 Secured debts
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Mystic Glade Limited
Notes to the financial statements - continued
for the period ended 31 December 2025
5 Secured debts - continued
Creditors due after more than one year represent a mortgage secured as a legal charge on the investment property.
6 Related party transactions
At the period end, the Company owed £125,333 to Mr T Parkin. The loan is interest free payable on demand. At the period end, this amount remains unpaid and is included within creditors falling due within one year.
7 Taxation
At the year end the company had trading losses of £5,017 available to be carried forward against future taxable profits. No deferred tax asset has been recognised in respect of these losses due to the uncertainty of timing of future taxable profits.
8 Controlling party
The director considers that the ultimate controlling party is Mr T. Parkin, who owns 100% of the issued share capital and holds the voting rights.
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