Company registration number 07857868 (England and Wales)
MAGNEX SCIENTIFIC LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
PAGES FOR FILING WITH REGISTRAR
MAGNEX SCIENTIFIC LTD
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
MAGNEX SCIENTIFIC LTD
BALANCE SHEET
- 1 -
2023
2022
£
£
£
£
Fixed assets
2,650
3,883
Current assets
259,864
282,175
Prepayments and accrued income
315
9,527
Creditors: amounts falling due within one year
(26,043)
(40,631)
Net current assets
234,136
251,071
Total assets less current liabilities
236,786
254,954
Net assets
236,786
254,954
Capital and reserves
236,786
254,954
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
Magnex Scientific Ltd is a private company limited by shares incorporated in England and Wales. The registered office is C/O Critchleys LLP, Beaver House, 23-38 Hythe Bridge Street, Oxford, Oxfordshire, OX1 2EP.
For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company have elected not to include a copy of the financial profit and loss account within the financial statements that are filed.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
MAGNEX SCIENTIFIC LTD
BALANCE SHEET (CONTINUED)
- 2 -
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 13 November 2023
Dr D L Rayner
Director
Company registration number 07857868 (England and Wales)