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REGISTERED NUMBER: 06573965 (England and Wales)













LEADING MAGNETIC DESIGN LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






LEADING MAGNETIC DESIGN LTD (REGISTERED NUMBER: 06573965)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Balance Sheet 1


LEADING MAGNETIC DESIGN LTD (REGISTERED NUMBER: 06573965)

BALANCE SHEET
31 JULY 2023

2023 2022
£    £    £    £   
FIXED ASSETS 136,995 131,304

CURRENT ASSETS 97,769 153,199

CREDITORS
Amounts falling due within one year (38,831 ) (114,808 )
NET CURRENT ASSETS 58,938 38,391
TOTAL ASSETS LESS CURRENT LIABILITIES 195,933 169,695

CAPITAL AND RESERVES 195,933 169,695

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Leading Magnetic Design Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06573965

Registered office: Unit 20 Tawe Business Village
Swansea Enterprise Park
Swansea
SA7 9LA

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2022 - 4 ) .



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

LEADING MAGNETIC DESIGN LTD (REGISTERED NUMBER: 06573965)

BALANCE SHEET - continued
31 JULY 2023


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

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by:





Y Zhuravlev - Director