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Company Registration No. 12670981 (England and Wales)
MYDAS HOLDINGS LTD Unaudited accounts for the year ended 31 August 2025
MYDAS HOLDINGS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MYDAS HOLDINGS LTD Company Information for the year ended 31 August 2025
Director
S M Bhatti
Company Number
12670981 (England and Wales)
Registered Office
19 BASLOW GROVE BRADFORD BD9 5JA ENGLAND
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MYDAS HOLDINGS LTD Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
195,600 
195,900 
Current assets
Debtors
5
55,409 
55,409 
Creditors: amounts falling due within one year
6
(60,206)
(59,506)
Net current liabilities
(4,797)
(4,097)
Total assets less current liabilities
190,803 
191,803 
Creditors: amounts falling due after more than one year
7
(195,000)
(195,000)
Net liabilities
(4,197)
(3,197)
Capital and reserves
Called up share capital
8
3 
3 
Profit and loss account
(4,200)
(3,200)
Shareholders' funds
(4,197)
(3,197)
For the year ending 31 August 2025 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 19 August 2026 and were signed on its behalf by
S M Bhatti Director Company Registration No. 12670981
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MYDAS HOLDINGS LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
MYDAS HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 12670981. The registered office is 19 BASLOW GROVE, BRADFORD, BD9 5JA, 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:
Computer equipment
20% - Reducing Balance
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2024
195,000 
1,500 
196,500 
At 31 August 2025
195,000 
1,500 
196,500 
Depreciation
At 1 September 2024
- 
600 
600 
Charge for the year
- 
300 
300 
At 31 August 2025
- 
900 
900 
Net book value
At 31 August 2025
195,000 
600 
195,600 
At 31 August 2024
195,000 
900 
195,900 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
55,409 
55,409 
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MYDAS HOLDINGS LTD Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Loans from directors
1,497 
1,497 
Accruals
3,300 
2,600 
Deferred income
55,409 
55,409 
60,206 
59,506 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
195,000 
195,000 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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