Registered number
12056337
MYR Associates Ltd
Report and Accounts
30 June 2024
MYR Associates Ltd
Registered number: 12056337
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 49,530 49,530
Creditors: amounts falling due within one year 4 (39,561) (39,561)
Net current assets 9,969 9,969
Total assets less current liabilities 9,969 9,969
Creditors: amounts falling due after more than one year 5 (10,874) (10,874)
Net liabilities (905) (905)
Capital and reserves
Called up share capital 1 1
Profit and loss account (906) (906)
Shareholder's funds (905) (905)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Y Rashid
Director
Approved by the board on 3 March 2025
MYR Associates Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Other debtors 49,530 49,530
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 39,561 39,561
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 10,874 10,874
6 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 25,000 25,000
The bank loan is guaranteed by the government to a maximum level of £20,000 being 80% of the principal loan sum.

The bank loan is guaranteed by the government to a maximum level of £200,000 being 80% of the principal loan sum.
The bank loan is guaranteed by the government to a maximum level of £200,000 being 80% of the principal loan sum.
7 Other information
MYR Associates Ltd is a private company limited by shares and incorporated in England. Its registered office is:
398 Perry Road
Sherwood
Nottingham
NG5 1GS
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