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REGISTERED NUMBER: 03975627 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Mymy Limited

Mymy Limited (Registered number: 03975627)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mymy Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: N D Ranshaw





REGISTERED OFFICE: 59 Sundorne Road
London
SE7 7PR





REGISTERED NUMBER: 03975627 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

Mymy Limited (Registered number: 03975627)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,888,802 1,593,878

CURRENT ASSETS
Cash at bank 52,573 43,129

CREDITORS
Amounts falling due within one year 5 60,385 20,532
NET CURRENT (LIABILITIES)/ASSETS (7,812 ) 22,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,880,990

1,616,475

CREDITORS
Amounts falling due after more than one
year

6

(165,699

)

(212,337

)

PROVISIONS FOR LIABILITIES (169,006 ) (108,984 )
NET ASSETS 1,546,285 1,295,154

CAPITAL AND RESERVES
Called up share capital 7 1,502 1,502
Fair value reserve 8 837,891 602,991
Retained earnings 706,892 690,661
SHAREHOLDERS' FUNDS 1,546,285 1,295,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:





N D Ranshaw - Director


Mymy Limited (Registered number: 03975627)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% Straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Mymy Limited (Registered number: 03975627)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Improvements
Investment to Motor Computer
property property vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 July 2022 1,590,000 3,839 - 6,245 1,600,084
Additions - - 6,600 - 6,600
Revaluations 290,000 - - - 290,000
At 30 June 2023 1,880,000 3,839 6,600 6,245 1,896,684
DEPRECIATION
At 1 July 2022 - - - 6,206 6,206
Charge for year - - 1,650 26 1,676
At 30 June 2023 - - 1,650 6,232 7,882
NET BOOK VALUE
At 30 June 2023 1,880,000 3,839 4,950 13 1,888,802
At 30 June 2022 1,590,000 3,839 - 39 1,593,878

The investments properties are included in the accounts at the Director's valuation.

Cost or valuation at 30 June 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2016 622,489 - 622,489
Valuation in 2017 89,487 - 89,487
Valuation in 2023 290,000 - 290,000
Cost 878,024 16,684 894,708
1,880,000 16,684 1,896,684

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,686 3,546
Taxation and social security 4,147 5,901
Other creditors 52,552 11,085
60,385 20,532

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 68,676 72,502
Other creditors 97,023 139,835
165,699 212,337

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 53,931 58,317

Included in 'Other Creditors' is an amount owed to CD-Writer.com Limited of £97,023 (2022: £139,835)

Mymy Limited (Registered number: 03975627)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,502 Ordinary £1 1,502 1,502

8. RESERVES
Fair
value
reserve
£   
At 1 July 2022 602,991
Revaluation in year 234,900

At 30 June 2023 837,891

9. ULTIMATE CONTROLLING PARTY

N D Ranshaw controls the company by way of owning 100% of the issued share capital.