Company registration number SC243321 (Scotland)
MYCOTRANS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
MYCOTRANS LIMITED
CONTENTS
Page
Accountants' report
1
Statement of financial position and notes to the financial statements
2 - 3
MYCOTRANS LIMITED
COMPANY INFORMATION
Directors
Dr L Milne
Mrs A Milne
Mrs M Callander
(Appointed 20 August 2024)
Secretary
Mrs A Milne
Company number
SC243321
Registered office
Kilbucho House
Broughton
By Biggar
Biggar
Lanarkshire
United Kingdom
ML12 6JG
Accountants
Azets
10 Ardross Street
Inverness
United Kingdom
IV3 5NS
MYCOTRANS LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MYCOTRANS LIMITED FOR THE YEAR ENDED 31 JANUARY 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mycotrans Limited for the year ended 31 January 2024, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.

 

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the board of directors of Mycotrans Limited, as a body, in accordance with the terms of our engagement letter dated 23 September 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Mycotrans Limited and state those matters that we have agreed to state to the board of directors of Mycotrans Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mycotrans Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Mycotrans Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Mycotrans Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mycotrans Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Azets
13 September 2024
10 Ardross Street
Inverness
United Kingdom
IV3 5NS
MYCOTRANS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 JANUARY 2024
31 January 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
193
258
Current assets
18,629
25,216
Creditors: amounts falling due within one year
(7,837)
(16,003)
Net current assets
10,792
9,213
Total assets less current liabilities
10,985
9,471
Net assets
10,985
9,471
Capital and reserves
10,985
9,471
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year the directors introduced funds of £nil (2023 - £8,500) to the company and withdrew funds of £8,482 (2023 - £nil).

 

The amount due to the directors at the balance sheet date was £nil (2023 - £8,482) which is included in other creditors.

 

Loans by the directors are repayable on demand and no interest is charged.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
2

Mycotrans Limited is a private company limited by shares incorporated in Scotland. The registered office is Kilbucho House, Broughton, By Biggar, Biggar, Lanarkshire, United Kingdom, ML12 6JG.

For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

MYCOTRANS LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 JANUARY 2024
31 January 2024
- 3 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 September 2024 and are signed on its behalf by:
Dr L Milne
Director
Company registration number SC243321 (Scotland)
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