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Registered number: 15888277
Mik Property Management Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2026
PATRICK JAMES AND CO (SW) LTD
CPAA
ROOM G2, MOUNT WISE HOUSE
I DISCOVERY ROAD
MOUNT WISE, PLYMOUTH
DEVON
PL1 4QU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15888277
31 August 2026 31 August 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 182,634 182,982
182,634 182,982
CURRENT ASSETS
Cash at bank and in hand 2,516 10,027
2,516 10,027
Creditors: Amounts Falling Due Within One Year 6 (69,972 ) (78,543 )
NET CURRENT ASSETS (LIABILITIES) (67,456 ) (68,516 )
TOTAL ASSETS LESS CURRENT LIABILITIES 115,178 114,466
Creditors: Amounts Falling Due After More Than One Year 7 (121,180 ) (121,180 )
NET LIABILITIES (6,002 ) (6,714 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (6,004 ) (6,716 )
SHAREHOLDERS' FUNDS (6,002) (6,714)
Page 1
Page 2
For the year ending 31 August 2026 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 directors acknowledge their 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 Profit and Loss Account.
On behalf of the board
Mr Michal Czynienik
Director
06/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mik Property Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15888277 . The registered office is Unit 17 City Business Park, Somerset Place, Plymouth, Devon, PL3 4BB.
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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 0%
Plant & Machinery 15% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 September 2025 180,661 2,730 183,391
As at 31 August 2026 180,661 2,730 183,391
Depreciation
As at 1 September 2025 - 409 409
Provided during the period - 348 348
As at 31 August 2026 - 757 757
Net Book Value
As at 31 August 2026 180,661 1,973 182,634
As at 1 September 2025 180,661 2,321 182,982
Page 3
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5. Debtors
31 August 2026 31 August 2025
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
31 August 2026 31 August 2025
£ £
Bank loans and overdrafts 6,701 6,701
Other creditors 63,271 71,842
69,972 78,543
7. Creditors: Amounts Falling Due After More Than One Year
31 August 2026 31 August 2025
£ £
Bank loans 121,180 121,180
8. Share Capital
31 August 2026 31 August 2025
£ £
Allotted, Called up and fully paid 2 2
Page 4