1 April 2022 false No description of principal activity Taxfiler 2023.14 04969201business:PrivateLimitedCompanyLtd2022-04-012023-09-30 049692012022-03-31 04969201business:EntityNoLongerTradingButTradedInPast2022-04-012023-09-30 049692012022-04-012023-09-30 04969201business:AuditExempt-NoAccountantsReport2022-04-012023-09-30 04969201business:FilletedAccounts2022-04-012023-09-30 049692012023-09-30 04969201business:Director12022-04-012023-09-30 04969201business:CompanySecretary12022-04-012023-09-30 04969201business:RegisteredOffice2022-04-012023-09-30 049692012022-03-31 04969201core:WithinOneYear2023-09-30 04969201core:WithinOneYear2022-03-31 04969201core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 04969201core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 04969201core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 04969201core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 04969201core:PreviouslyStatedAmount2023-09-30 04969201core:PreviouslyStatedAmount2022-03-31 04969201business:SmallEntities2022-04-012023-09-30 04969201countries:EnglandWales2022-04-012023-09-30 04969201core:PlantMachinery2022-04-012023-09-30 04969201core:FurnitureFittings2022-04-012023-09-30 04969201core:ComputerEquipment2022-04-012023-09-30 04969201core:PlantMachinery2022-03-31 04969201core:FurnitureFittings2022-03-31 04969201core:ComputerEquipment2022-03-31 04969201core:PlantMachinery2023-09-30 04969201core:FurnitureFittings2023-09-30 04969201core:ComputerEquipment2023-09-30 04969201business:OrdinaryShareClass12022-04-012023-09-30 04969201business:OrdinaryShareClass12021-04-012022-03-31 049692012021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04969201 (England and Wales)
Magna Project Services Limited Unaudited accounts for the period from 1 April 2022 to 30 September 2023
Magna Project Services Limited Unaudited accounts Contents
Page
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Magna Project Services Limited Company Information for the period from 1 April 2022 to 30 September 2023
Director
A R Jordan
Secretary
A R Jordan
Company Number
04969201 (England and Wales)
Registered Office
Unit 1, Chew Court Farm Chew Magna Bristol BS40 8SF
Accountants
A K Tax Consultant Limited 18 Oakwood Road Henleaze Bristol BS9 4NR
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Magna Project Services Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,233 
Current assets
Debtors
- 
4,151 
Cash at bank and in hand
13,620 
3,500 
13,620 
7,651 
Creditors: amounts falling due within one year
(13,609)
(8,751)
Net current assets/(liabilities)
11 
(1,100)
Net assets
11 
133 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9 
131 
Shareholders' funds
11 
133 
For the period ending 30 September 2023 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 30 December 2023 and were signed on its behalf by
A R Jordan Director Company Registration No. 04969201
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Magna Project Services Limited Notes to the Accounts for the period from 1 April 2022 to 30 September 2023
1
Statutory information
Magna Project Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04969201. The registered office is Unit 1, Chew Court Farm, Chew Magna, Bristol, BS40 8SF. The company is in the process of being wound up.
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 period, 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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
7,333 
1,303 
5,600 
14,236 
Additions
2,068 
- 
637 
2,705 
Disposals
(9,401)
(1,303)
(6,237)
(16,941)
At 30 September 2023
- 
- 
- 
- 
Depreciation
At 1 April 2022
6,160 
1,303 
5,540 
13,003 
On disposals
(6,160)
(1,303)
(5,540)
(13,003)
At 30 September 2023
- 
- 
- 
- 
Net book value
At 30 September 2023
- 
- 
- 
- 
At 31 March 2022
1,173 
- 
60 
1,233 
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Magna Project Services Limited Notes to the Accounts for the period from 1 April 2022 to 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,166 
Accrued income and prepayments
- 
985 
- 
4,151 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,246 
7,377 
Trade creditors
- 
47 
Taxes and social security
2,335 
- 
Proposed dividends
6,760 
- 
Other creditors
1,000 
- 
Loans from directors
14 
447 
Accruals
1,254 
880 
13,609 
8,751 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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