MYCOM TRADERS LTD

Company Registration Number:
11641429 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

MYCOM TRADERS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

MYCOM TRADERS LTD

Company Information

for the Period Ended 31 October 2023




Director: Javed IQBAL
Registered office: Calico House
Levenshulme Trading Estate
Manchester
England
M19 3JP
Company Registration Number: 11641429 (England and Wales)

MYCOM TRADERS LTD

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 24,747 30,698
Total fixed assets: 24,747 30,698
Current assets
Stocks: 82,544 93,542
Cash at bank and in hand: 2,551 1,253
Total current assets: 85,095 94,795
Creditors: amounts falling due within one year: 5 ( 137,542 ) ( 158,098 )
Net current assets (liabilities): ( 52,447 ) ( 63,303 )
Total assets less current liabilities: ( 27,700 ) ( 32,605 )
Creditors: amounts falling due after more than one year: 6 ( 18,144 ) ( 20,142 )
Total net assets (liabilities): ( 45,844 ) ( 52,747 )

The notes form part of these financial statements

MYCOM TRADERS LTD

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 45,845 ) ( 52,748 )
Shareholders funds: ( 45,844 ) ( 52,747 )

For the year ending 31 October 2023 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 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.

This report was approved by the board of directors on 21 October 2024
And Signed On Behalf Of The Board By:

Name: Javed IQBAL
Status: Director

The notes form part of these financial statements

MYCOM TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MYCOM TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 7 7

MYCOM TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

MYCOM TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 November 2022 26,422 7,087 6,166 39,675
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 October 2023 26,422 7,087 6,166 39,675
Depreciation
At 01 November 2022 3,963 2,709 2,305 8,977
Charge for year 3,963 1,063 925 5,951
On disposals - - - -
Other adjustments - - - -
At 31 October 2023 7,926 3,772 3,230 14,928
Net book value
At 31 October 2023 18,496 3,315 2,936 24,747
At 31 October 2022 22,459 4,378 3,861 30,698

MYCOM TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 93,920 106,989
Taxation and social security 8,820 17,475
Accruals and deferred income 6,251 7,363
Other creditors 28,551 26,271
Total 137,542 158,098

MYCOM TRADERS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 18,144 20,142
Total 18,144 20,142