Company Registration No. 10325744 (England and Wales)
MY HOUSES GROUP LTD
Unaudited accounts
for the year ended 31 August 2022
MY HOUSES GROUP LTD
Unaudited accounts
Contents
MY HOUSES GROUP LTD
Company Information
for the year ended 31 August 2022
Directors
Joanna Darecki
Jarek Darecki
Company Number
10325744 (England and Wales)
Registered Office
33 Ropers Avenue
London
E4 9EG
England
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
MY HOUSES GROUP LTD
Statement of financial position
as at 31 August 2022
Tangible assets
724,111
511,506
Cash at bank and in hand
50,677
44,074
Creditors: amounts falling due within one year
(196,415)
(211,365)
Net current liabilities
(145,738)
(166,395)
Total assets less current liabilities
578,373
345,111
Creditors: amounts falling due after more than one year
(593,010)
(344,829)
Net (liabilities)/assets
(14,637)
282
Called up share capital
100
100
Profit and loss account
(14,737)
182
Shareholders' funds
(14,637)
282
For the year ending 31 August 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 20 March 2023 and were signed on its behalf by
Joanna Darecki
Director
Company Registration No. 10325744
MY HOUSES GROUP LTD
Notes to the Accounts
for the year ended 31 August 2022
MY HOUSES GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 10325744. The registered office is 33 Ropers Avenue, London, E4 9EG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
509,708
692
2,195
512,595
Additions
213,327
-
-
213,327
At 31 August 2022
723,035
692
2,195
725,922
At 1 September 2021
-
229
860
1,089
Charge for the year
-
173
549
722
At 31 August 2022
-
402
1,409
1,811
At 31 August 2022
723,035
290
786
724,111
At 31 August 2021
509,708
463
1,335
511,506
Amounts falling due within one year
Accrued income and prepayments
-
896
MY HOUSES GROUP LTD
Notes to the Accounts
for the year ended 31 August 2022
6
Creditors: amounts falling due within one year
2022
2021
Loans from directors
196,415
211,365
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
593,010
344,829
During the year loans totalling £196,415.00 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
