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Company Registration No. 11554537 (England and Wales)
Magic Lift Solution Ltd Unaudited accounts for the year ended 31 March 2024
Magic Lift Solution Ltd Unaudited accounts Contents
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Magic Lift Solution Ltd Company Information for the year ended 31 March 2024
Director
Maciej Lukasz Owczarek
Secretary
Maciej Owczarek
Company Number
11554537 (England and Wales)
Registered Office
UNIT 14 63 JEDDO ROAD LONDON W12 9EE ENGLAND
Accountants
AM Accountax Ltd 174 Castle Road Northolt London UB5 4SG
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Magic Lift Solution Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,962 
2,484 
Current assets
Debtors
48,940 
21,092 
Cash at bank and in hand
50,493 
43,084 
99,433 
64,176 
Creditors: amounts falling due within one year
(41,042)
(13,969)
Net current assets
58,391 
50,207 
Total assets less current liabilities
62,353 
52,691 
Creditors: amounts falling due after more than one year
(9,388)
(15,711)
Net assets
52,965 
36,980 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
52,865 
36,880 
Shareholders' funds
52,965 
36,980 
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 1 August 2024 and were signed on its behalf by
Maciej Lukasz Owczarek Director Company Registration No. 11554537
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Magic Lift Solution Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Magic Lift Solution Ltd is a private company, limited by shares, registered in England and Wales, registration number 11554537. The registered office is UNIT 14, 63 JEDDO ROAD, LONDON, W12 9EE, ENGLAND.
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 year, 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.
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:
Computer equipment
25% straight line method
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
5,077 
Additions
2,297 
At 31 March 2024
7,374 
Depreciation
At 1 April 2023
2,593 
Charge for the year
819 
At 31 March 2024
3,412 
Net book value
At 31 March 2024
3,962 
At 31 March 2023
2,484 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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