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Company Registration No. 09027448 (England and Wales)
MYSVO Ltd Unaudited accounts for the year ended 31 May 2024
MYSVO Ltd Unaudited accounts Contents
Page
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MYSVO Ltd Company Information for the year ended 31 May 2024
Director
Mr A Hussain
Company Number
09027448 (England and Wales)
Registered Office
64-70 Manningham Lane Bentley House, 1st Floor Bradford West Yorkshire BD1 3EP
Accountants
Greenfield Accountants Limited Preston House Preston Street Bradford West Yorkshire BD7 1JE
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MYSVO Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
1,685 
Cash at bank and in hand
4,482 
- 
4,482 
1,685 
Creditors: amounts falling due within one year
(1,551)
(1,830)
Net current assets/(liabilities)
2,931 
(145)
Net assets/(liabilities)
2,931 
(145)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,831 
(245)
Shareholders' funds
2,931 
(145)
For the year ending 31 May 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 2 January 2025 and were signed on its behalf by
Mr A Hussain Director Company Registration No. 09027448
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MYSVO Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MYSVO Ltd is a private company, limited by shares, registered in England and Wales, registration number 09027448. The registered office is 64-70 Manningham Lane, Bentley House, 1st Floor, Bradford, West Yorkshire, BD1 3EP.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% cost
Fixtures & fittings
25% cost
Computer equipment
25% cost
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
15,400 
10,807 
1,729 
27,936 
At 31 May 2024
15,400 
10,807 
1,729 
27,936 
Depreciation
At 1 June 2023
15,400 
10,807 
1,729 
27,936 
At 31 May 2024
15,400 
10,807 
1,729 
27,936 
Net book value
At 31 May 2024
- 
- 
- 
- 
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MYSVO Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
1,685 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
1,530 
Loans from directors
1,251 
- 
Accruals
300 
300 
1,551 
1,830 
7
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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