Mycos Consulting Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC411577

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,811		2,277

			1,811		2,277
CURRENT ASSETS
Debtors	5	-		15,989
Cash at bank and in hand		35,710		173

		35,710		16,162
Creditors: Amounts Falling Due Within One Year	6	(16,223 )		(5,867 )

NET CURRENT ASSETS (LIABILITIES)			19,487		10,295

TOTAL ASSETS LESS CURRENT LIABILITIES			21,298		12,572

Creditors: Amounts Falling Due After More Than One Year	7		(2,800 )		(5,200 )

NET ASSETS			18,498		7,372

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			18,497		7,371

SHAREHOLDERS' FUNDS			18,498		7,372

Page 1

Page 2

Mycos Consulting Ltd

Balance Sheet (continued)

As At 30 November 2024

For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Wilkinson

Director

30 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mycos Consulting Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC411577 . The registered office is 39 Currievale Park, Edinburgh, EH14 5TL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	20% Reducing Balance
Computer Equipment	20% Reducing Balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

Page 3

Page 4

Mycos Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2024

4. Tangible Assets

	Land & Property
	Leasehold	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2023	3,428	3,778	7,206

As at 30 November 2024	3,428	3,778	7,206

Depreciation
As at 1 December 2023	2,417	2,512	4,929
Provided during the period	203	263	466

As at 30 November 2024	2,620	2,775	5,395

Net Book Value
As at 30 November 2024	808	1,003	1,811

As at 1 December 2023	1,011	1,266	2,277

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	7,724
Other taxes and social security	-	36
Director's loan account	-	8,229

	-	15,989

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	12	-
Bank loans and overdrafts	2,400	2,400
Corporation tax	12,778	3,467
Director's loan account	1,033	-

	16,223	5,867

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	2,800	5,200

Page 4

Page 5

Mycos Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2024

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2023	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2024
	£	£	£	£	£
Mr John Wilkinson	8,229	38,050	(47,312 )	-	(1,033 )

The above loan is unsecured, interest free and repayable on demand.

Page 5