Mitee Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12674515

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		150,000		146,000

			150,000		146,000
CURRENT ASSETS
Debtors	5	417		421
Cash at bank and in hand		5,159		28,758

		5,576		29,179
NET CURRENT ASSETS (LIABILITIES)			5,576		29,179

TOTAL ASSETS LESS CURRENT LIABILITIES			155,576		175,179

Creditors: Amounts Falling Due After More Than One Year	6		(114,547 )		(130,516 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,077 )		(3,164 )

NET ASSETS			36,952		41,499

CAPITAL AND RESERVES
Called up share capital	8		100		100
Other reserves			20,244		27,907
Profit and Loss Account			16,608		13,492

SHAREHOLDERS' FUNDS			36,952		41,499

Page 1

Page 2

Mitee Properties Ltd

Balance Sheet (continued)

As At 30 June 2026

For the year ending 30 June 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 Sukhdeep Gill

Director

16/10/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mitee Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12674515 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.

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, excluding discounts, rebates, value added tax or other similar sales taxes.

2.3. Investment Properties

Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset.The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification. Changes in fair value are recognised in the profit and loss account.

2.4. Deferred taxation

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

2.5. Related Party Transactions

Loans received from connected parties are recognised in the financial statements at the discounted present value using the effective interest rate method.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was as follows:

	2026	2025
Office and administration	2	2

	2	2

4. Tangible Assets

	Investment Properties
	£
Cost or Valuation
As at 1 July 2025	146,000
Revaluation	4,000

As at 30 June 2026	150,000

Net Book Value
As at 30 June 2026	150,000

As at 1 July 2025	146,000

Page 3

Page 4

Mitee Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	317	321
Other debtors	100	100

	417	421

6. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	88,337	88,337
Other creditors	26,210	42,179

	114,547	130,516

7. Secured Creditors

Of the creditors falling due within and after more than one year the following amount is secured by a fixed charge over the investment property. The mortgage is interest only with terms of 25 years.

	2026		2025
	£		£
Bank loans and overdrafts	88,337		88,337

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

At 30th June 2026 Mitee Properties Ltd owed £49,141 (2025 - £77,327) to Mitee Consultancy Ltd, a company in which Mr S Gill is a director and shareholder. The loan is subject to an annual interest rate of 1% above the Bank of England base rate and is repayable on 1st April 2041.