1 November 2023 false No description of principal activity Taxfiler 2024.6 13675166business:PrivateLimitedCompanyLtd2023-11-012024-10-31 136751662023-10-31 136751662023-11-012024-10-31 13675166business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 13675166business:FilletedAccounts2023-11-012024-10-31 136751662024-10-31 13675166business:Director12023-11-012024-10-31 13675166business:RegisteredOffice2023-11-012024-10-31 136751662023-10-31 13675166core:WithinOneYear2024-10-31 13675166core:WithinOneYear2023-10-31 13675166core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 13675166core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 13675166core:PreviouslyStatedAmount2024-10-31 13675166core:PreviouslyStatedAmount2023-10-31 13675166business:SmallEntities2023-11-012024-10-31 13675166countries:EnglandWales2023-11-012024-10-31 13675166core:FurnitureFittings2023-11-012024-10-31 13675166core:FurnitureFittings2023-10-31 13675166core:FurnitureFittings2024-10-31 136751662022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 13675166 (England and Wales)
Megakad XD Ltd Unaudited accounts for the year ended 31 October 2024
Megakad XD Ltd Unaudited accounts Contents
Page
- 2 -
Megakad XD Ltd Company Information for the year ended 31 October 2024
Director
Odutola Odumosu
Company Number
13675166 (England and Wales)
Registered Office
71-75 SHELTON STREET LONDON WC2H 9JQ ENGLAND
- 3 -
Megakad XD Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,540 
3,080 
Current assets
Debtors
140,959 
99,239 
Cash at bank and in hand
74,232 
131,865 
215,191 
231,104 
Creditors: amounts falling due within one year
37,635 
(54,830)
Net current assets
252,826 
176,274 
Net assets
254,366 
179,354 
Capital and reserves
Profit and loss account
254,366 
179,354 
Shareholders' funds
254,366 
179,354 
For the year ending 31 October 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 24 March 2025 and were signed on its behalf by
Odutola Odumosu Director Company Registration No. 13675166
- 4 -
Megakad XD Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Megakad XD Ltd is a private company, limited by shares, registered in England and Wales, registration number 13675166. The registered office is 71-75 SHELTON STREET, LONDON, WC2H 9JQ, ENGLAND.
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.
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
25%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2023
6,160 
At 31 October 2024
6,160 
Depreciation
At 1 November 2023
3,080 
Charge for the year
1,540 
At 31 October 2024
4,620 
Net book value
At 31 October 2024
1,540 
At 31 October 2023
3,080 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
71,760 
43,884 
Trade debtors
13,771 
33,755 
Other debtors
55,428 
21,600 
140,959 
99,239 
- 5 -
Megakad XD Ltd Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
23,228 
50,520 
Other creditors
- 
4,310 
Loans from directors
(60,863)
- 
(37,635)
54,830 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -