Minico Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05980852 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Minico Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

L A Parker

REGISTERED OFFICE:

75-97 Walsall Road

Perry Barr

Birmingham

B42 1TX

REGISTERED NUMBER:

05980852 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Intangible assets

4

87,060

Investments

5

60

87,120

CURRENT ASSETS

Debtors

6

63,969

35,960

Cash at bank

365,506

377,640

429,475

413,600

CREDITORS

Amounts falling due within one year

7

(63,744

)

(53,686

)

NET CURRENT ASSETS

365,731

359,914

TOTAL ASSETS LESS CURRENT
LIABILITIES

452,851

447,034

CAPITAL AND RESERVES

Called up share capital

8

2

Capital redemption reserve

60

Retained earnings

452,789

446,972

SHAREHOLDERS' FUNDS

452,851

447,034

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

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

The director acknowledges his 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 Profit and loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2026 and were signed by:

L A Parker - Director

1.	STATUTORY INFORMATION

Minico Properties Limited 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.

Goodwill

Crypto currencies, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Gold coins are being amortised evenly over their estimated useful life of nil years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss Account, 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.

Cryptocurrency

Cryptocurrency is recognised as an intangible asset as it is an identifiable non-monetary asset without physical substance. Cyptocurrency is initially measured at cost. Subsequently, it is measured at cost less any accumulated impairment losses. The company reviews the carrying value of cryptocurrency at each reporting date and recognises an impairment loss where the recoverable amount is lower than carrying value.

The director considers that cryptocurrency has an indefinite useful economic life as there is no foreseeable limit to the year over which it is expected to generate economic benefits. Accordingly, no amortisation is charged. The asset is tested for impairment at each reporting date.

Going concern

The director has considered going concern in preparing these financial statements through review of the company's financial position. It has been considered that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the going concern basis of accounting has been adopted and no material uncertainties have been identified.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Crypto

Gold

currencies

coins

Totals

£

COST

At 1 February 2025

and 31 January 2026

52,000

35,060

87,060

NET BOOK VALUE

At 31 January 2026

52,000

35,060

87,060

At 31 January 2025

52,000

35,060

87,060

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

and 31 January 2026

60

NET BOOK VALUE

At 31 January 2026

60

At 31 January 2025

60

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed by group undertakings

63,969

26,460

Other debtors

-

9,500

63,969

35,960

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

11,624

-

Other creditors

52,120

53,686

63,744

53,686

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

Value:

£

22

Ordinary

1p

-

2

Ordinary A

£1

2

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Minico Properties Limited for the year ended 31 January 2026 which comprise the Profit and loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Minico Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Minico Properties Limited and state those matters that we have agreed to state to the director of Minico Properties Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Minico Properties Limited and its director for our work or for this report.

It is your duty to ensure that Minico Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Minico Properties Limited. You consider that Minico Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Minico Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

29 September 2026