JUST MAGIC TOUCH C.I.C.

Company limited by guarantee

Company Registration Number:
13702429 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

JUST MAGIC TOUCH C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

JUST MAGIC TOUCH C.I.C.

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal activities of the company

general serving and support of individuals who struggling



Directors

The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 2023

Gedas Daugela


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 July 2024

And signed on behalf of the board by:
Name: Gedas Daugela
Status: Director

JUST MAGIC TOUCH C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 500 400
Cost of sales: ( 310 ) ( 280 )
Gross profit(or loss): 190 120
Administrative expenses: ( 80 ) ( 50 )
Operating profit(or loss): 110 70
Profit(or loss) before tax: 110 70
Profit(or loss) for the financial year: 110 70

JUST MAGIC TOUCH C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 70 70
Investments: 4 70 70
Total fixed assets: 140 140
Current assets
Cash at bank and in hand: 140 70
Investments: 5 150 70
Total current assets: 290 140
Net current assets (liabilities): 290 140
Total assets less current liabilities: 430 280
Total net assets (liabilities): 430 280
Members' funds
Profit and loss account: 430 280
Total members' funds: 430 280

The notes form part of these financial statements

JUST MAGIC TOUCH C.I.C.

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 25 July 2024
and signed on behalf of the board by:

Name: Gedas Daugela
Status: Director

The notes form part of these financial statements

JUST MAGIC TOUCH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JUST MAGIC TOUCH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

JUST MAGIC TOUCH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 70 70
Additions
Disposals
Revaluations
Transfers
At 31 October 2023 70 70
Depreciation
At 1 November 2022
Charge for year
On disposals
Other adjustments
At 31 October 2023
Net book value
At 31 October 2023 70 70
At 31 October 2022 70 70

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Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Fixed assets investments note

computers for work

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Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Current assets investments note

computer to provide consultations for kids with mental health issues

COMMUNITY INTEREST ANNUAL REPORT

JUST MAGIC TOUCH C.I.C.

Company Number: 13702429 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

We are a small non-profit organisation that wants to grow into a big entity and change not only the local community but nationwide individuals who struggle with quality of life, we were not supported for a while but now we are starting to attract professionals who will support children with mental health issues.

Consultation with stakeholders

We had a few meetings where decided the first steps to be taken towards organizational growth and being useful for communities.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 July 2024

And signed on behalf of the board by:
Name: Gedas Daugela
Status: Director