Company Registration No. SC688954 (Scotland)
MAYULAA & CO LIMITED
Unaudited accounts
for the year ended 29 February 2024
MAYULAA & CO LIMITED
Unaudited accounts
Contents
MAYULAA & CO LIMITED
Company Information
for the year ended 29 February 2024
Directors
Satya Venkata Vijayaditya DUDDU
Sangeetha PALAPARTHY
Company Number
SC688954 (Scotland)
Registered Office
5 CROOFUR ROAD
NEWTON MEARNS
GLASGOW
G77 6DY
United Kingdom
MAYULAA & CO LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
258,500
258,500
Cash at bank and in hand
6,208
5,681
Creditors: amounts falling due within one year
(36,462)
(37,612)
Net current liabilities
(30,254)
(31,931)
Total assets less current liabilities
228,246
226,569
Creditors: amounts falling due after more than one year
(225,207)
(225,207)
Called up share capital
100
100
Profit and loss account
2,939
1,262
Shareholders' funds
3,039
1,362
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 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 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 of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
Satya Venkata Vijayaditya DUDDU
Director
Company Registration No. SC688954
MAYULAA & CO LIMITED
Notes to the Accounts
for the year ended 29 February 2024
MAYULAA & CO LIMITED is a private company, limited by shares, registered in Scotland, registration number SC688954. The registered office is 5 CROOFUR ROAD, NEWTON MEARNS, GLASGOW, G77 6DY, United Kingdom.
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:
Land & buildings
NO DEPRECIATION
4
Tangible fixed assets
Land & buildings
At 29 February 2024
258,500
At 29 February 2024
258,500
At 28 February 2023
258,500
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
394
296
Loans from directors
34,820
34,820
MAYULAA & CO LIMITED
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
225,207
225,207
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).