Myerswami Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06278916 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2023

for

Myerswami Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

M R Goswami

Dr N Myerscough

M B Goswami-Myerscough

C A Goswami-Myerscough

SECRETARY:

Dr N Myerscough

REGISTERED OFFICE:

Woodside House

22 Guildown Avenue

Woodside Park

London

N12 7DQ

REGISTERED NUMBER:

06278916 (England and Wales)

ACCOUNTANTS:

Stuart Harris Associates

Chartered Certified Accountants

and Statutory Auditors

Woodside House

22 Guildown Avenue

Woodside Park

London

N12 7DQ

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

496,517

-

496,517

-

CURRENT ASSETS

Debtors

6

3,959

3,959

Investments

7

16,099

16,145

Cash at bank

5,482

929

25,540

21,033

CREDITORS

Amounts falling due within one year

8

509,470

11,670

NET CURRENT (LIABILITIES)/ASSETS

(483,930

)

9,363

TOTAL ASSETS LESS CURRENT LIABILITIES

12,587

9,363

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

9

(49,040

)

(48,994

)

Retained earnings

60,627

57,357

SHAREHOLDERS' FUNDS

12,587

9,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by:

M R Goswami - Director

1.	STATUTORY INFORMATION

Myerswami Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2022

and 30 June 2023

1,584

DEPRECIATION

At 1 July 2022

and 30 June 2023

1,584

NET BOOK VALUE

At 30 June 2023

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

496,517

At 30 June 2023

496,517

NET BOOK VALUE

At 30 June 2023

496,517

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

30.6.22

£

£

Other debtors

3,959

3,959

7.	CURRENT ASSET INVESTMENTS

30.6.23

30.6.22

£

£

Listed investments

1,099

1,145

Unlisted investments

15,000

15,000

16,099

16,145

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

30.6.22

£

£

Taxation and social security

3

3

Other creditors

509,467

11,667

509,470

11,670

9.

RESERVES

Revaluation

reserve

£

At 1 July 2022

(48,994

)

Revaluation reserve

(46

)

At 30 June 2023

(49,040

)

10.	ULTIMATE CONTROLLING PARTY

The controlling party is M R Goswami.

The company is jointly controlled by the directors, Mr M R Goswami and Dr N Myerscough, who own 60% of the issued share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Stuart Harris Associates

Chartered Certified Accountants

and Statutory Auditors

Woodside House

22 Guildown Avenue

Woodside Park

London

N12 7DQ

23 February 2024