2023-04-10 2024-06-30 false No description of principal activity Capium Accounts Production 1.1 14788746 2023-04-10 2024-06-30 14788746 bus:AbridgedAccounts 2023-04-10 2024-06-30 14788746 bus:FRS102 2023-04-10 2024-06-30 14788746 bus:AuditExemptWithAccountantsReport 2023-04-10 2024-06-30 14788746 bus:SmallCompaniesRegimeForAccounts 2023-04-10 2024-06-30 14788746 bus:PrivateLimitedCompanyLtd 2023-04-10 2024-06-30 14788746 2023-04-10 2024-06-30 14788746 2024-06-30 14788746 bus:RegisteredOffice 2023-04-10 2024-06-30 14788746 core:WithinOneYear 2024-06-30 14788746 core:AfterOneYear 2024-06-30 14788746 1 2023-04-10 2024-06-30 14788746 bus:Director1 2023-04-10 2024-06-30 14788746 bus:Director1 2024-06-30 14788746 bus:Director2 2023-04-10 2024-06-30 14788746 bus:Director2 2024-06-30 14788746 2022-04-10 14788746 bus:LeadAgentIfApplicable 2023-04-10 2024-06-30 14788746 2023-04-09 14788746 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 14788746 core:CostValuation core:Non-currentFinancialInstruments 2023-04-09 14788746 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 14788746 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 14788746 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 14788746 core:Non-currentFinancialInstruments 2024-06-30 14788746 core:Non-currentFinancialInstruments 2023-04-09 14788746 core:ShareCapital 2024-06-30 14788746 core:SharePremium 2024-06-30 14788746 core:RetainedEarningsAccumulatedLosses 2024-06-30 14788746 dpl:Item1 2023-04-10 14788746 dpl:Item1 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14788746
England and Wales

 

 

 

MYONA GROUP LIMITED


Abridged Accounts
 


Period of accounts

Start date: 10 April 2023

End date: 30 June 2024
 
 
Notes
 
2024
£
Fixed assets    
Investments 3 3,887,165 
3,887,165 
Current assets    
Cash at bank and in hand 28,246 
Creditors: amount falling due within one year (2,000,511)
Net current assets (1,972,265)
 
Total assets less current liabilities 1,914,900 
Net assets 1,914,900 
 

Capital and reserves
   
Called up share capital 2,055 
Share premium account 1,912,945 
Profit and loss account (100)
Shareholders' funds 1,914,900 
 


For the period ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 08 January 2025 and were signed on its behalf by:


-------------------------------
N Tompkins
Director
1
General Information
Myona Group Limited is a private company, limited by shares, registered in England and Wales, registration number 14788746, registration address Merlin House, Brunel Road, Berkshire, Theale, Reading, RG7 4AB. The trading address of the company is Unit 4A, Waterside Park, Cookham Road, Bracknell, Berkshire, RG12 1RB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern
The accounts are prepared on a going concern basis. The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year and and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Debtors
Short term debtors are measured at transaction price less any impairment. Loans receivable are measured at initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised costs using the effective interest method.
2.

Average number of employees

Average number of employees during the period was 2.
3.

Investments

Cost Investments in group undertakings   Total
  £   £
At 10 April 2023  
Additions 3,887,165    3,887,165 
Transfer to/from tangible fixed assets  
Disposals  
At 30 June 2024 3,887,165    3,887,165 

4.

Director’s loan

Directors' Advances, Credits and Guarantees

At 30 June 2024 there was a credit balance of £5,000 on Mr N Tompkins' loan account.

The loan is interest free with no fixed date for repayment.
5.

Creditors: amounts falling due within one year

.   2024
£
Amounts Owed to Group Undertakings 1,295,511 
Other Creditors 700,000 
Directors' Current Accounts 5,000 
2,000,511 

6.

Secured debts

There is a fixed and floating charge in place, over all the property and undertakings of the company, in favour of Barclays Security Trustees Limited.

There is also a fixed and floating charge in place, over all the property and undertakings of the company, in favour of Mr P Norris.
2