Micro-entity Accounts - MIAH PROPERTIES LIMITED

MIAH PROPERTIES LIMITED - Company Information

05655156 MIAH PROPERTIES LIMITED 2016-12-31 false 2016-01-01 2016-12-31 true 05655156 2016-01-01 2016-12-31 05655156 2016-12-31 05655156 2015-12-31 05655156 uk-gaap-cd-bus:Director1 2016-01-01 2016-12-31 05655156 uk-gaap-cd-bus:Director2 2016-01-01 2016-12-31 05655156 uk-gaap-cd-bus:AllEntityOfficers 2016-01-01 2016-12-31 iso4217:GBP shares

Registered Number 05655156

MIAH PROPERTIES LIMITED

Micro-entity Accounts

31 December 2016

MIAH PROPERTIES LIMITED Registered Number 05655156

Micro-entity Balance Sheet as at 31 December 2016

	2016	2015
	£	£
Fixed Assets	2,686,517	2,686,517
Current Assets	52,337	18,663
Creditors: amounts falling due within one year	(536,064)	(61,115)
Net current assets (liabilities)	(483,727)	(42,452)
Total assets less current liabilities	2,202,790	2,644,065
Creditors: amounts falling due after more than one year	(850,201)	(1,394,893)
Total net assets (liabilities)	1,352,589	1,249,172
Capital and reserves	1,352,589	1,249,172

For the year ending 31 December 2016 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 September 2017

And signed on their behalf by:
Rohel Miah, Director

MIAH PROPERTIES LIMITED Registered Number 05655156

Notes to the Micro-entity Accounts for the period ended 31 December 2016

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
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Building All land and building are treated as investment properties. no depreciation has been claimed.