MIBAR PROPERTIES LIMITED
REGISTERED NUMBER: 03828573
ABBREVIATED BALANCE SHEET
AS AT 31 OCTOBER 2015
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CREDITORS: amounts falling due within one year
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TOTAL ASSETS LESS CURRENT LIABILITIES
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The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 October 2015 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The abbreviated accounts, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 6 July 2016.
The notes on pages 2 to 3 form part of these financial statements.
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MIBAR PROPERTIES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015
2.SHARE CAPITAL
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Shares classified as capital
 
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Allotted, called up and fully paid
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2,000 Ordinary Shares of £1 each shares of £1 each
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Shares classified as debt
 
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Allotted, called up and fully paid
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2,900,000 Redeemable preference shares of £1 each
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Redemption of the preference shares can occur at any time after 1 March 2010. Redemption will occur, in any event, on 31 August 2059.
Both the company and the holder have an option to redeem the shares by giving no less than 1 month's notice.
The preference shares are redeemable at par, and carry no rights to income.
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