Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false true No description of principal activity 1 July 2023 30 June 2024 30 June 2024 12875713 Mr Cavit PINAR iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12875713 2023-06-30 12875713 2024-06-30 12875713 2023-07-01 2024-06-30 12875713 frs-core:CurrentFinancialInstruments 2024-06-30 12875713 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12875713 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12875713 frs-bus:Micro-entities 2023-07-01 2024-06-30 12875713 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12875713 frs-bus:Director1 2023-07-01 2024-06-30 12875713 2022-06-30 12875713 2023-06-30 12875713 2022-07-01 2023-06-30 12875713 frs-core:CurrentFinancialInstruments 2023-06-30
Registered number: 12875713
MAGNESIATECH LTD
Unaudited Financial Statements
For The Year Ended 30 June 2024
Ashford Associates
Chartered Certified Accountants
74a High Street Wanstead
London
E11 2RJ
Balance Sheet
Registered number: 12875713
2024 2023
£ £
Fixed assets 1,268 1,584
Current assets 182,516 143,176
Creditors: Amounts Falling Due Within One Year (32,003 ) (36,025 )
NET CURRENT ASSETS 150,513 107,151
TOTAL ASSETS LESS CURRENT LIABILITIES 151,781 108,735
NET ASSETS 151,781 108,735
CAPITAL AND RESERVES 151,781 108,735

Notes

1. General Information
MAGNESIATECH LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12875713 . The registered office is 74A High Street, Wanstead, London, E11 2RJ.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
3. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Cavit PINAR 34,500 38,270
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Cavit PINAR
Director
16/08/2024