Company Registration No. 13654376 (England and Wales)
MAGIC BRUSH DECORATORS LTD
Unaudited accounts
for the year ended 30 September 2023
MAGIC BRUSH DECORATORS LTD
Unaudited accounts
Contents
MAGIC BRUSH DECORATORS LTD
Company Information
for the year ended 30 September 2023
Company Number
13654376 (England and Wales)
Registered Office
Prestfield Court
22 Kensington Street
MANCHESTER
M45 6FH
Accountants
FIRST CHOICE ACCOUNTANTS LTD
SUITE 2.18, UNIVERSAL SQUARE
DEVONSHIRE STREET NORTH
MANCHESTER
LANCASHIRE
M12 6JH
MAGIC BRUSH DECORATORS LTD
Statement of financial position
as at 30 September 2023
Tangible assets
10,029
10,726
Cash at bank and in hand
15,362
11,396
Creditors: amounts falling due within one year
(21,415)
(20,665)
Net current liabilities
(6,053)
(9,269)
Profit and loss account
3,976
1,457
Shareholders' funds
3,976
1,457
For the year 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 20 February 2024 and were signed on its behalf by
Reti Gjata
Director
Company Registration No. 13654376
MAGIC BRUSH DECORATORS LTD
Notes to the Accounts
for the year ended 30 September 2023
MAGIC BRUSH DECORATORS LTD is a private company, limited by shares, registered in England and Wales, registration number 13654376. The registered office is Prestfield Court, 22 Kensington Street, MANCHESTER, M45 6FH.
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:
Motor vehicles
15% Straight Line
Fixtures & fittings
15% Straight Line
Computer equipment
15% Straight Line
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
6,200
6,084
335
12,619
At 30 September 2023
6,200
6,084
1,742
14,026
At 1 October 2022
930
913
50
1,893
Charge for the year
930
913
261
2,104
At 30 September 2023
1,860
1,826
311
3,997
At 30 September 2023
4,340
4,258
1,431
10,029
At 30 September 2022
5,270
5,171
285
10,726
MAGIC BRUSH DECORATORS LTD
Notes to the Accounts
for the year ended 30 September 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
13,766
8,070
Proposed dividends
3,050
12,595
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Average number of employees
During the year the average number of employees was 3 (2022: 3).