Company registration number SC600249 (Scotland)
MYIO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
MYIO LTD
COMPANY INFORMATION
Director
Mr J Hastings
Company number
SC600249
Registered office
Fife Renewables Innovation Centre
Ajax Way
Methil
Fife
KY8 3RS
Accountants
MMG Chartered Accountants
Chapelshade House
78-84 Bell Street
Dundee
Scotland
DD1 1RQ
MYIO LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
MYIO LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF MYIO LTD
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MYIO Ltd for the year ended 30 June 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of MYIO Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of MYIO Ltd and state those matters that we have agreed to state to the board of directors of MYIO Ltd, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MYIO Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that MYIO Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that MYIO Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of MYIO Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
MMG Chartered Accountants
11 March 2025
Chapelshade House
78-84 Bell Street
Dundee
Scotland
DD1 1RQ
MYIO LTD
BALANCE SHEET
- 2 -
2024
2023
£
£
£
£
Fixed assets
3,162
3,236
Current assets
307,786
149,275
Creditors: amounts falling due within one year
(88,182)
(57,875)
Net current assets
219,604
91,400
Total assets less current liabilities
222,766
94,636
Net assets
222,766
94,636
Capital and reserves
222,766
94,636
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
MYIO Ltd is a private company limited by shares incorporated in Scotland. The registered office is Fife Renewables Innovation Centre, Ajax Way, Methil, Fife, KY8 3RS.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
MYIO LTD
BALANCE SHEET (CONTINUED)
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 11 March 2025
Mr J Hastings
Director
Company registration number SC600249 (Scotland)