Company Registration No. 13311967 (England and Wales)
MYRIAD INVESTMENTS NW LTD
Unaudited accounts
for the year ended 30 April 2024
MYRIAD INVESTMENTS NW LTD
Unaudited accounts
Contents
MYRIAD INVESTMENTS NW LTD
Company Information
for the year ended 30 April 2024
Directors
Sarrosh Ahmed Nain
Mohammed Aslam Nain
Saad Ahmed Nain
Fazeelat Nain
Company Number
13311967 (England and Wales)
Registered Office
Aura Business Centre
412 Stretford Road
Hulme Stretford
Manchester
Lancashire
M15 4AE
United Kingdom
Accountants
NMR Accountants Ltd
Aura Business Centre
412 Stretford Road
Hulme
Manchester
Lancashire
M15 4AE
MYRIAD INVESTMENTS NW LTD
Statement of financial position
as at 30 April 2024
Tangible assets
1,754
2,063
Investment property
315,000
315,000
Cash at bank and in hand
30
855
Creditors: amounts falling due within one year
(3,815)
(600)
Net current (liabilities)/assets
(3,785)
255
Total assets less current liabilities
312,969
317,318
Creditors: amounts falling due after more than one year
(327,375)
(330,976)
Net liabilities
(14,406)
(13,658)
Called up share capital
200
200
Profit and loss account
(14,606)
(13,858)
Shareholders' funds
(14,406)
(13,658)
For the year ending 30 April 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 24 January 2025 and were signed on its behalf by
Sarrosh Ahmed Nain
Director
Company Registration No. 13311967
MYRIAD INVESTMENTS NW LTD
Notes to the Accounts
for the year ended 30 April 2024
MYRIAD INVESTMENTS NW LTD is a private company, limited by shares, registered in England and Wales, registration number 13311967. The registered office is Aura Business Centre, 412 Stretford Road, Hulme Stretford, Manchester, Lancashire, M15 4AE, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
MYRIAD INVESTMENTS NW LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 May 2023
315,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,559
-
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
230,170
233,688
Loans from directors
96,205
97,288
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).