MEDINA PROPERTY LIMITED

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 10281655

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		500,000		500,000

			500,000		500,000
CURRENT ASSETS
Debtors	5	6,842,837		6,899,765
Cash at bank and in hand		61		653

		6,842,898		6,900,418
Creditors: Amounts Falling Due Within One Year	6	(29,017 )		(17,920 )

NET CURRENT ASSETS (LIABILITIES)			6,813,881		6,882,498

TOTAL ASSETS LESS CURRENT LIABILITIES			7,313,881		7,382,498

NET ASSETS			7,313,881		7,382,498

CAPITAL AND RESERVES
Called up share capital	7		100		100
Capital Contribution			2,103,343		2,103,343
Income Statement			5,210,438		5,279,055

SHAREHOLDERS' FUNDS			7,313,881		7,382,498

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MEDINA PROPERTY LIMITED

Statement of Financial Position (continued)

As At 25 October 2025

For the year ending 25 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Sheazad Hussain

Director

30/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

MEDINA PROPERTY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10281655 . The registered office is Medina Dairy House, Vale Road, Windsor, Berkshire, SL4 5JL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The principal accounting policies adopted are described below and have been applied consistently throughout the current and preceding period.

The company has opted to apply section 390 (3) of the Companies Act 2006. This permits the company to end its financial year on 25 October 2025 (2024: 26 October 2024) as it is not more than seven days after or before the end of the year dated 27 October 2025 (2024: 27 October 2024).

The functional currency of the company is considered to be British pounds sterling because that is the currency of the primary economic environment in which the company operates.

Medina Property Limited meets the definition of a qualifying entity under FRS 102 and has therefore taken advantage of the disclosure exemptions available to it in respect of its financial statements.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. These could relate to the completion of a merger of the group with Nijjar Group Freshway Holdings Ltd, as approved by the CMA , the outcome of the CVA for one member of the group and alternative actions that may be undertaken by the directors. However, the going concern basis remains appropriate.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

Freehold land is not depreciated

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: NIL)

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MEDINA PROPERTY LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 25 October 2025

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 27 October 2024	500,000

As at 25 October 2025	500,000

Net Book Value
As at 25 October 2025	500,000

As at 27 October 2024	500,000

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	128,400	128,400
Amounts owed by group undertakings	6,674,437	6,731,365
Other debtors	40,000	40,000

	6,842,837	6,899,765

Amounts due from or to other group undertakings are unsecured, interest free and repayable on demand.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	13,470	16,470
Other creditors	2,426	-
Taxation and social security	13,121	1,450

	29,017	17,920

Bank loans and overdrafts are secured by cross-guarantees and offset against other bank balances within the MHL Group Holdings Limited group. Amounts due from or to other group undertakings are unsecured, interest free and repayable on demand.

The guarantee liabilities are secured on properties of the company and fellow subsidiaries, interest bearing at 11% and repayable in accordance with the receivership appointed.

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MEDINA PROPERTY LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 25 October 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

100 Ordinary shares of £1 each

8. Post Balance Sheet Events

Having received Competition and Markets Authority (CMA) approval in 2023, the Medina group is planning to complete the merger later with Nijjar Group Freshway Holdings Ltd, a company operating in the same market.

9. Related Party Transactions

In accordance with FRS 102 Section 33 transactions with other group undertakings within, and investee related parties of, the Medina Group of companies have not been disclosed in these financial statements.

10. Ultimate Controlling Party

The ultimate parent company is MHL Group Holdings Limited which is incorporated in Great Britain. MHL Group Holdings Limited is the only company that consolidates the financial results of this company. Copies of the financial statements of MHL Group Holdings Limited can be obtained from its registered office at Medina House, Shirley Avenue, Windsor, Berkshire, SL4 5LH.

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