Company Registration No. 11812408 (England and Wales)
MY & IY HOMES LIMITED
Unaudited accounts
for the year ended 29 February 2024
MY & IY HOMES LIMITED
Unaudited accounts
Contents
MY & IY HOMES LIMITED
Company Information
for the year ended 29 February 2024
Company Number
11812408 (England and Wales)
Registered Office
92 Shaldon Drive Shaldon Drive
Morden
SM4 4BH
MY & IY HOMES LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
250,173
250,173
Cash at bank and in hand
2,560
2,131
Creditors: amounts falling due within one year
(303,689)
(309,726)
Net current liabilities
(301,129)
(307,595)
Net liabilities
(50,956)
(57,422)
Called up share capital
1
1
Profit and loss account
(50,957)
(57,423)
Shareholders' funds
(50,956)
(57,422)
For the year ending 29 February 2024 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 1 April 2024 and were signed on its behalf by
Irfan FAROOK
Director
Company Registration No. 11812408
MY & IY HOMES LIMITED
Notes to the Accounts
for the year ended 29 February 2024
MY & IY HOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11812408. The registered office is 92 Shaldon Drive Shaldon Drive, Morden, SM4 4BH .
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 29 February 2024
250,173
At 29 February 2024
250,173
At 28 February 2023
250,173
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
206,250
206,250
Loans from directors
97,439
103,476
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).