MIRADA HOLDINGS LIMITED

MIRADA HOLDINGS LIMITED - Company Information

2022-06-232023-07-312023-07-31false14192139MIRADA HOLDINGS LIMITED2024-03-20iso4217:GBPxbrli:pure141921392022-06-23141921392023-07-31141921392022-06-232023-07-31141921392022-06-22141921392022-06-22141921392022-06-222022-06-2214192139bus:SmallEntities2022-06-232023-07-3114192139bus:AuditExempt-NoAccountantsReport2022-06-232023-07-3114192139bus:FullAccounts2022-06-232023-07-3114192139bus:PrivateLimitedCompanyLtd2022-06-232023-07-3114192139core:WithinOneYear2023-07-3114192139core:AfterOneYear2023-07-3114192139core:WithinOneYear2022-06-2214192139core:AfterOneYear2022-06-2214192139core:ShareCapital2023-07-3114192139core:SharePremium2023-07-3114192139core:RevaluationReserve2023-07-3114192139core:OtherReservesSubtotal2023-07-3114192139core:RetainedEarningsAccumulatedLosses2023-07-3114192139core:ShareCapital2022-06-2214192139core:SharePremium2022-06-2214192139core:RevaluationReserve2022-06-2214192139core:OtherReservesSubtotal2022-06-2214192139core:RetainedEarningsAccumulatedLosses2022-06-2214192139core:LandBuildings2023-07-3114192139core:PlantMachinery2023-07-3114192139core:Vehicles2023-07-3114192139core:FurnitureFittings2023-07-3114192139core:OfficeEquipment2023-07-3114192139core:NetGoodwill2023-07-3114192139core:IntangibleAssetsOtherThanGoodwill2023-07-3114192139core:ListedExchangeTraded2023-07-3114192139core:UnlistedNon-exchangeTraded2023-07-3114192139core:LandBuildings2022-06-2214192139core:PlantMachinery2022-06-2214192139core:Vehicles2022-06-2214192139core:FurnitureFittings2022-06-2214192139core:OfficeEquipment2022-06-2214192139core:NetGoodwill2022-06-2214192139core:IntangibleAssetsOtherThanGoodwill2022-06-2214192139core:ListedExchangeTraded2022-06-2214192139core:UnlistedNon-exchangeTraded2022-06-2214192139core:LandBuildings2022-06-232023-07-3114192139core:PlantMachinery2022-06-232023-07-3114192139core:Vehicles2022-06-232023-07-3114192139core:FurnitureFittings2022-06-232023-07-3114192139core:OfficeEquipment2022-06-232023-07-3114192139core:NetGoodwill2022-06-232023-07-3114192139core:IntangibleAssetsOtherThanGoodwill2022-06-232023-07-3114192139core:ListedExchangeTraded2022-06-232023-07-3114192139core:UnlistedNon-exchangeTraded2022-06-232023-07-3114192139core:MoreThanFiveYears2022-06-232023-07-3114192139core:Non-currentFinancialInstruments2023-07-3114192139core:Non-currentFinancialInstruments2022-06-2214192139dpl:CostSales2022-06-232023-07-3114192139dpl:DistributionCosts2022-06-232023-07-3114192139core:LandBuildings2022-06-232023-07-3114192139core:PlantMachinery2022-06-232023-07-3114192139core:Vehicles2022-06-232023-07-3114192139core:FurnitureFittings2022-06-232023-07-3114192139core:OfficeEquipment2022-06-232023-07-3114192139dpl:AdministrativeExpenses2022-06-232023-07-3114192139core:NetGoodwill2022-06-232023-07-3114192139core:IntangibleAssetsOtherThanGoodwill2022-06-232023-07-3114192139dpl:GroupUndertakings2022-06-232023-07-3114192139dpl:ParticipatingInterests2022-06-232023-07-3114192139dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-232023-07-3114192139core:ListedExchangeTraded2022-06-232023-07-3114192139dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-232023-07-3114192139core:UnlistedNon-exchangeTraded2022-06-232023-07-3114192139dpl:CostSales2022-06-222022-06-2214192139dpl:DistributionCosts2022-06-222022-06-2214192139core:LandBuildings2022-06-222022-06-2214192139core:PlantMachinery2022-06-222022-06-2214192139core:Vehicles2022-06-222022-06-2214192139core:FurnitureFittings2022-06-222022-06-2214192139core:OfficeEquipment2022-06-222022-06-2214192139dpl:AdministrativeExpenses2022-06-222022-06-2214192139core:NetGoodwill2022-06-222022-06-2214192139core:IntangibleAssetsOtherThanGoodwill2022-06-222022-06-2214192139dpl:GroupUndertakings2022-06-222022-06-2214192139dpl:ParticipatingInterests2022-06-222022-06-2214192139dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-222022-06-2214192139core:ListedExchangeTraded2022-06-222022-06-2214192139dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-222022-06-2214192139core:UnlistedNon-exchangeTraded2022-06-222022-06-2214192139core:NetGoodwill2023-07-3114192139core:IntangibleAssetsOtherThanGoodwill2023-07-3114192139core:LandBuildings2023-07-3114192139core:PlantMachinery2023-07-3114192139core:Vehicles2023-07-3114192139core:FurnitureFittings2023-07-3114192139core:OfficeEquipment2023-07-3114192139core:AfterOneYear2023-07-3114192139core:WithinOneYear2023-07-3114192139core:ListedExchangeTraded2023-07-3114192139core:UnlistedNon-exchangeTraded2023-07-3114192139core:ShareCapital2023-07-3114192139core:SharePremium2023-07-3114192139core:RevaluationReserve2023-07-3114192139core:OtherReservesSubtotal2023-07-3114192139core:RetainedEarningsAccumulatedLosses2023-07-3114192139core:NetGoodwill2022-06-2214192139core:IntangibleAssetsOtherThanGoodwill2022-06-2214192139core:LandBuildings2022-06-2214192139core:PlantMachinery2022-06-2214192139core:Vehicles2022-06-2214192139core:FurnitureFittings2022-06-2214192139core:OfficeEquipment2022-06-2214192139core:AfterOneYear2022-06-2214192139core:WithinOneYear2022-06-2214192139core:ListedExch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Registered Number
14192139
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2023

MIRADA HOLDINGS LIMITED

Company Information
for the period from 23 June 2022 to 31 July 2023


Directors	EDWARDS, Randall James
	PERKINS, Michelle
	SCHEERES, David Johannes
	TALBOT, Darren James


Registered Address	Cardiff Arms Park
	Westgate Street
	Cardiff
	CF10 1JA


Registered Number	14192139 (England and Wales)

MIRADA HOLDINGS LIMITED

Statement of Financial Position
31 July 2023

	Notes	2023
		£	£
Fixed assets
Intangible assets	7		666,667
Investments	8		50
			666,717
Creditors amounts falling due within one year	10	(100)
Net current assets (liabilities)			(100)
Total assets less current liabilities			666,617
Creditors amounts falling due after one year	11		(681,292)
Net assets			(14,675)
Capital and reserves
Called up share capital			100
Profit and loss account			(14,775)
Shareholders' funds			(14,675)

The company was entitled to exemption from audit for this reporting period 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. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 20 March 2024, and are signed on its behalf by:

TALBOT, Darren James
Director
Registered Company No. 14192139

MIRADA HOLDINGS LIMITED

Notes to the Financial Statements
for the period ended 31 July 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	The principal trading activity in the year under review is that of a holding company.

4.	Basis of measurement used in financial statements
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

5.	Accounting policies

	Functional and presentation currency policy
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Intangible assets policy
	Goodwill is amortised over five years.

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investments policy
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments policy

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

6.	Employee information


		2023
	Average number of employees during the year	0

7.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
Additions	666,667	666,667
At 31 July 23	666,667	666,667
Net book value
At 31 July 23	666,667	666,667
At 22 June 22	-	-

8.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	50	50
At 31 July 23	50	50
Net book value
At 31 July 23	50	50

	Notes
	¹Investments in group undertakings and participating interests

9.	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

10.	Creditors within one year

		2023
		£
	Other creditors	100
	Total	100


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

11.	Creditors after one year

		2023
		£
	Amounts owed to related parties	264,626
	Other creditors	416,666
	Total	681,292


	Included within other creditors is an amount of £250,000 due to Aspen Marketing Limited which was settled in full on September 12th 2023.