MYTHILY & SON GARN LTD

Company Registration Number:
08620139 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

MYTHILY & SON GARN LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

MYTHILY & SON GARN LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 153,000 153,000
Tangible assets: 4 297,133 287,028
Total fixed assets: 450,133 440,028
Current assets
Stocks: 80,240 77,220
Debtors:   46,746 36,812
Cash at bank and in hand: 22,560 62,729
Total current assets: 149,546 176,761
Creditors: amounts falling due within one year: 5 (88,836) (404,689)
Net current assets (liabilities): 60,710 (227,928)
Total assets less current liabilities: 510,843 212,100
Creditors: amounts falling due after more than one year: 6 (413,920) (145,564)
Total net assets (liabilities): 96,923 66,536
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 96,823 66,436
Shareholders funds: 96,923 66,536

The notes form part of these financial statements

MYTHILY & SON GARN LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 March 2025
and signed on behalf of the board by:

Name: S Paramesvaran
Status: Director

The notes form part of these financial statements

MYTHILY & SON GARN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MYTHILY & SON GARN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

MYTHILY & SON GARN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible Assets

Total
Cost £
At 01 August 2023 153,000
At 31 July 2024 153,000
Net book value
At 31 July 2024 153,000
At 31 July 2023 153,000

MYTHILY & SON GARN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible Assets

Total
Cost £
At 01 August 2023 356,059
Additions 22,301
At 31 July 2024 378,360
Depreciation
At 01 August 2023 69,031
Charge for year 12,196
At 31 July 2024 81,227
Net book value
At 31 July 2024 297,133
At 31 July 2023 287,028

MYTHILY & SON GARN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

UK corporation tax 22,178 VAT 4,716 PAYE control 1,469 Salaries and wages control 6,692 Directors current account 36,000 Trade creditors 8,118 Other creditors 9,663

MYTHILY & SON GARN LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

Loans >1yr 19,008 Other creditors > 1yr 394,912