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Company Registration No. 14339638 (England and Wales)
Myla Trades Limited Unaudited accounts for the period from 6 September 2022 to 30 September 2023
Myla Trades Limited Unaudited accounts Contents
Page
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Myla Trades Limited Company Information for the period from 6 September 2022 to 30 September 2023
Director
Kochchu Udayan
Company Number
14339638 (England and Wales)
Registered Office
14 Shaw Street Holmewood Chesterfield England S42 5TT England
Accountants
Cloud 9 Accounting Team 101 Rose Street South Lane Edinburgh Fife EH2 3JG
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Myla Trades Limited Statement of financial position as at 30 September 2023
2023 
Notes
£ 
Current assets
Inventories
34,827 
Debtors
24,517 
Cash at bank and in hand
1,327 
60,671 
Creditors: amounts falling due within one year
(32,233)
Net current assets
28,438 
Total assets less current liabilities
28,438 
Creditors: amounts falling due after more than one year
(8,456)
Net assets
19,982 
Capital and reserves
Called up share capital
100 
Profit and loss account
19,882 
Shareholders' funds
19,982 
For the period ending 30 September 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 November 2023 and were signed on its behalf by
Kochchu Udayan Director Company Registration No. 14339638
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Myla Trades Limited Notes to the Accounts for the period from 6 September 2022 to 30 September 2023
1
Statutory information
Myla Trades Limited is a private company, limited by shares, registered in England and Wales, registration number 14339638. The registered office is 14 Shaw Street, Holmewood, Chesterfield, England, S42 5TT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
£ 
Amounts falling due within one year
Accrued income and prepayments
18,750 
Other debtors
5,767 
24,517 
5
Creditors: amounts falling due within one year
2023 
£ 
VAT
1,027 
Loans from directors
31,206 
32,233 
Creditor balance during the year comprises outstanding business credit card, salaries and other creditor
6
Creditors: amounts falling due after more than one year
2023 
£ 
Amounts owed to group undertakings and other participating interests
5,688 
Other creditors
2,768 
8,456 
7
Average number of employees
During the period the average number of employees was 2.
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