REGISTERED NUMBER: 12390603 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

MIH MORTGAGES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M I Hayman

K Hayman

REGISTERED OFFICE:

13 Hursley Road

Chandler's Ford

Eastleigh

Hampshire

SO53 2FW

REGISTERED NUMBER:

12390603 (England and Wales)

ACCOUNTANTS:

Underwood Barron LLP

Monks Brook House

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

FIXED ASSETS

Tangible assets

4

39,022

-

CURRENT ASSETS

Debtors

5

69,693

63,926

Cash at bank

-

6,103

69,693

70,029

CREDITORS

Amounts falling due within one year

6

49,941

35,793

NET CURRENT ASSETS

19,752

34,236

TOTAL ASSETS LESS CURRENT LIABILITIES

58,774

34,236

CREDITORS

Amounts falling due after more than one year

7

48,057

11,764

NET ASSETS

10,717

22,472

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

10,716

22,471

10,717

22,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th October 2026 and were signed on its behalf by:

M I Hayman - Director

1.	STATUTORY INFORMATION

MIH Mortgages Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

43,905

At 31st January 2026

43,905

DEPRECIATION

Charge for year

4,883

At 31st January 2026

4,883

NET BOOK VALUE

At 31st January 2026

39,022

5.

DEBTORS

31.1.26

31.1.25

£

£

Amounts falling due within one year:

Other debtors

54,542

48,775

Amounts falling due after more than one year:

Other debtors

15,151

15,151

Aggregate amounts

69,693

63,926

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

4,645

-

Taxation and social security

23,153

13,650

Other creditors

22,143

22,143

49,941

35,793

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

9,483

11,764

Hire purchase contracts

38,574

-

48,057

11,764

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2026 and 31st January 2025:

31.1.26

31.1.25

£

£

M I Hayman

Balance outstanding at start of year

48,281

39,639

Amounts advanced

74,027

61,943

Amounts repaid

(67,935

)

(53,301

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

54,373

48,281

The company has made advances to the directors. The agreed terms are that the advances are repayable on demand and interest is to be charged on the advances at the official rate where the balance exceeds £10,000 at any time during the year.

Interest of £3,192 (2025: £1,086) has been charged during the year.