1 March 2023 false No description of principal activity Taxfiler 2023.14 12480276business:PrivateLimitedCompanyLtd2023-03-012024-02-29 124802762023-02-28 124802762023-03-012024-02-29 12480276business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 12480276business:FilletedAccounts2023-03-012024-02-29 124802762024-02-29 124802762023-02-28 12480276core:WithinOneYear2024-02-29 12480276core:WithinOneYear2023-02-28 12480276core:AfterOneYear2024-02-29 12480276core:AfterOneYear2023-02-28 12480276countries:EnglandWales2023-03-012024-02-29 12480276business:RegisteredOffice2023-03-012024-02-29 124802762022-03-012023-02-28 12480276business:Micro-entities2023-03-012024-02-29 12480276business:Director12023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 12480276 (England and Wales)
MAGNA PROPERTY LTD Unaudited accounts for the year ended 29 February 2024
MAGNA PROPERTY LTD Annual report and unaudited accounts for the year ended 29 February 2024
CONTENTS
PAGE
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MAGNA PROPERTY LTD Statement of Financial Position as at 29 February 2024
2024 
2023 
£ 
£ 
Fixed assets
245,428 
245,428 
Current assets
34,685 
34,687 
Creditors: amounts falling due within one year
(93,218)
(92,600)
Net current liabilities
(58,533)
(57,913)
Total assets less current liabilities
186,895 
187,515 
Creditors: amounts falling due after more than one year
(194,520)
(194,520)
Net liabilities
(7,625)
(7,005)
Capital and reserves
(7,625)
(7,005)
NOTES TO THE ACCOUNTS
1 Statutory information
MAGNA PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12480276. The registered office is 82 TALBOT STREET, BRIERLEY HILL, DY5 3DT, ENGLAND.
2 Average number of employees
During the year the average number of employees was 1 (2023: 1).
For the year ending 29 February 2024 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 14 March 2024
Mohammed Haseeb HASSAN Director Company Registration No. 12480276
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