Registered number
15347900
Mysticasset Ltd
Filleted Accounts
31 December 2024
Mysticasset Ltd
Registered number: 15347900
Balance Sheet
as at 31 December 2024
Notes 2024
£
Fixed assets
Intangible assets 3 18,000
Investments 4 88,000
106,000
Current assets
Cash at bank and in hand 1,368
Creditors: amounts falling due within one year 5 (129,009)
Net current liabilities (127,641)
Net liabilities (21,641)
Capital and reserves
Called up share capital 10
Profit and loss account (21,651)
Shareholder's funds (21,641)
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.
L Sinclair
Director
Approved by the board on 31 July 2025
Mysticasset Ltd
Notes to the Accounts
for the period from 13 December 2023 to 31 December 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 (as applied to small entities by section 1A of the standard).
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024
Number
Average number of persons employed by the company 1
3 Intangible fixed assets £
Goodwill:
Cost
Additions 18,000
At 31 December 2024 18,000
Amortisation
At 31 December 2024 -
Net book value
At 31 December 2024 18,000
4 Investments
Other
investments
£
Cost
Additions 88,000
At 31 December 2024 88,000
5 Creditors: amounts falling due within one year 2024
£
Directors loan 1,335
Intercompany loan 126,500
Other creditors 1,174
129,009
6 Controlling party
The company is controlled by the director.
7 Other information
Mysticasset Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Rotunda Buildings
Montpellier Exchange
Cheltenham
Glos
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