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REGISTERED NUMBER: 05724483 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Myler Lettings Limited

Myler Lettings Limited (Registered number: 05724483)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Myler Lettings Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: P Myler
M A Randolfi





REGISTERED OFFICE: 555 Smithdown Road
Liverpool
Merseyside
L15 5AF





REGISTERED NUMBER: 05724483 (England and Wales)





ACCOUNTANTS: Corbett & Co Accountants Ltd
Chartered Certified Accountants
555 Smithdown Road
Liverpool
Merseyside
L15 5AF

Myler Lettings Limited (Registered number: 05724483)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 39,365 39,212

CURRENT ASSETS
Cash at bank and in hand 257,424 263,421

CREDITORS
Amounts falling due within one year 5 30,092 33,642
NET CURRENT ASSETS 227,332 229,779
TOTAL ASSETS LESS CURRENT
LIABILITIES

266,697

268,991

CREDITORS
Amounts falling due after more than one
year

6

32,625

37,945
NET ASSETS 234,072 231,046

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 234,069 231,043
SHAREHOLDERS' FUNDS 234,072 231,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:





M A Randolfi - Director


Myler Lettings Limited (Registered number: 05724483)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Myler Lettings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and 10% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 November 2023 83,440
Additions 4,750
At 31 October 2024 88,190
DEPRECIATION
At 1 November 2023 44,228
Charge for year 4,597
At 31 October 2024 48,825
NET BOOK VALUE
At 31 October 2024 39,365
At 31 October 2023 39,212

Myler Lettings Limited (Registered number: 05724483)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 735 2,925
Taxation and social security 28,517 29,887
Other creditors 840 830
30,092 33,642

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 32,625 37,945

7. RELATED PARTY DISCLOSURES

Rent of £4,962 was paid to the director's of the company during the year, as they personally own the building.