MAGNATE MERCHANTS LTD

Company Registration Number:
11867896 (England and Wales)

Unaudited micro entity accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

MAGNATE MERCHANTS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

MAGNATE MERCHANTS LTD

Company Information

for the Period Ended 28 February 2023




Director: Kanagasabapathy Kumanan
Baheertha Kumanan
Registered office: Suite 186,
Catalyst House,
720 Centennial Court, Centennial Park
Elstree
Herts
England
WD6 3SY
Company Registration Number: 11867896 (England and Wales)

MAGNATE MERCHANTS LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Kanagasabapathy Kumanan
Baheertha Kumanan

This report was approved by the board of directors on 6 November 2023
And Signed On Behalf Of The Board By:

Name: Kanagasabapathy Kumanan
Status: Director

Name: Baheertha Kumanan
Status: Director

MAGNATE MERCHANTS LTD

Balance sheet

As at 28 February 2023


2023
£

2022
£
Called up share capital not paid: 0 0
Fixed Assets: 125,990 75,000
Current assets: 109,494 63,251
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 67,581 ) ( 43,548 )
Net current assets (liabilities): 41,913 19,703
Total assets less current liabilities: 167,903 94,703
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 167,903 94,703
Capital and reserves: 167,903 94,703

MAGNATE MERCHANTS LTD

Balance sheet continued

For the year ending 28 February 2023 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 6 November 2023
And Signed On Behalf Of The Board By:

Name: Kanagasabapathy Kumanan
Status: Director

Name: Baheertha Kumanan
Status: Director

The notes form part of these financial statements

MAGNATE MERCHANTS LTD

Footnotes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Employee Information

    Average number of employees: 2

MAGNATE MERCHANTS LTD

Footnotes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Off balance sheet disclosure

    No