Abbreviated Company Accounts - MI PROPERTY ESTATE LIMITED

MI PROPERTY ESTATE LIMITED - Company Information

08749660 MI PROPERTY ESTATE LIMITED 2014-09-30 false 2013-10-25 2014-09-30 true 08749660 2013-10-25 2014-09-30 08749660 2014-09-30 08749660 uk-gaap-cd-bus:Director1 2013-10-25 2014-09-30 08749660 uk-gaap-cd-bus:Director2 2013-10-25 2014-09-30 uk-gaap-cd-bus:Director3 2013-10-25 2014-09-30 uk-gaap-cd-bus:Director3 2014-09-30 uk-gaap-cd-bus:Director4 2013-10-25 2014-09-30 uk-gaap-cd-bus:Director4 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-25 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 08749660

MI PROPERTY ESTATE LIMITED

Abbreviated Accounts

30 September 2014

MI PROPERTY ESTATE LIMITED Registered Number 08749660

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	3,490
Investments	3	424,153
		427,643
Current assets
Debtors		100
Cash at bank and in hand		25,921
		26,021
Creditors: amounts falling due within one year		(234,103)
Net current assets (liabilities)		(208,082)
Total assets less current liabilities		219,561
Creditors: amounts falling due after more than one year		(218,847)
Total net assets (liabilities)		714
Capital and reserves
Called up share capital	4	100
Profit and loss account		614
Shareholders' funds		714

For the year ending 30 September 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 June 2015

And signed on their behalf by:
Mr Murtuza Broachwalla, Director

MI PROPERTY ESTATE LIMITED Registered Number 08749660

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 25% straight line

2Tangible fixed assets

	£
Cost
Additions	4,653
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	4,653
Depreciation
Charge for the year	1,163
On disposals	-
At 30 September 2014	1,163
Net book values
At 30 September 2014	3,490

3Fixed assets Investments
Fixed asset investments are stated at directors' valuation.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
100 Ordinary shares of £1 each	100

5Transactions with directors

Name of director receiving advance or credit:	Mr Murtuza Broachwalla
Description of the transaction:	Interest free loan
Balance at 25 October 2013:	-
Advances or credits made:	£ 50
Advances or credits repaid:	-
Balance at 30 September 2014:	£ 50

Name of director receiving advance or credit:	Mrs Batul Murtuza
Description of the transaction:	Interest free loan
Balance at 25 October 2013:	-
Advances or credits made:	£ 50
Advances or credits repaid:	-
Balance at 30 September 2014:	£ 50