Company Registration No. 13176277 (England and Wales)
Myzau Limited
accounts
for the period from 1 March 2023 to 28 February 2024
Myzau Limited
accounts
Contents
Myzau Limited
Statement of financial position
as at 28 February 2024
Tangible assets
3,945
1,370
Cash at bank and in hand
1,512
80
Creditors: amounts falling due within one year
(100,775)
(72,245)
Net current liabilities
(41,070)
(19,716)
Net liabilities
(37,125)
(18,346)
Called up share capital
100
100
Profit and loss account
(37,225)
(18,446)
Shareholders' funds
(37,125)
(18,346)
For the period ending 28 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 27 November 2024 and were signed on its behalf by
Mirzaman Khan
Director
Company Registration No. 13176277
Myzau Limited
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Myzau Limited is a private company, limited by shares, registered in England and Wales, registration number 13176277. The registered office is 115a High Street, London, E17 7DB, England.
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 period, 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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
-
1,903
-
1,903
Additions
3,000
-
562
3,562
At 28 February 2024
3,000
1,903
562
5,465
At 1 March 2023
-
533
-
533
Charge for the period
600
274
113
987
At 28 February 2024
600
807
113
1,520
At 28 February 2024
2,400
1,096
449
3,945
At 28 February 2023
-
1,370
-
1,370
Myzau Limited
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
4,198
8,284
Other creditors
16,914
2,768
Loans from directors
68,063
50,193
7
Average number of employees
During the period the average number of employees was 3 (2023: 3).