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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
Page
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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
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MYRIAD INVESTMENTS NW LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,754 
2,063 
Investment property
315,000 
315,000 
316,754 
317,063 
Current assets
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)
Capital and reserves
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
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MYRIAD INVESTMENTS NW LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Investment property
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.
Presentation currency
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:
Fixtures & fittings
15%
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MYRIAD INVESTMENTS NW LTD Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
2,855 
At 30 April 2024
2,855 
Depreciation
At 1 May 2023
792 
Charge for the year
309 
At 30 April 2024
1,101 
Net book value
At 30 April 2024
1,754 
At 30 April 2023
2,063 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
315,000 
At 30 April 2024
315,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,559 
- 
Accruals
1,256 
600 
3,815 
600 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
230,170 
233,688 
Other creditors
1,000 
- 
Loans from directors
96,205 
97,288 
327,375 
330,976 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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