Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 11089916 Dr Nahieda Majid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11089916 2022-11-30 11089916 2023-11-30 11089916 2022-12-01 2023-11-30 11089916 frs-core:CurrentFinancialInstruments 2023-11-30 11089916 frs-core:Non-currentFinancialInstruments 2023-11-30 11089916 frs-core:ShareCapital 2023-11-30 11089916 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 11089916 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11089916 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 11089916 frs-bus:SmallEntities 2022-12-01 2023-11-30 11089916 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11089916 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11089916 frs-bus:Director1 2022-12-01 2023-11-30 11089916 frs-countries:EnglandWales 2022-12-01 2023-11-30 11089916 2021-11-30 11089916 2022-11-30 11089916 2021-12-01 2022-11-30 11089916 frs-core:CurrentFinancialInstruments 2022-11-30 11089916 frs-core:Non-currentFinancialInstruments 2022-11-30 11089916 frs-core:ShareCapital 2022-11-30 11089916 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11089916
Majic Homes Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Alliance Accountants Ltd
19 Gloucester Road
Ross on Wye
Herefordshire
HR9 5LQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11089916
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 179,917 179,917
179,917 179,917
Creditors: Amounts Falling Due Within One Year 5 (180 ) (180 )
NET CURRENT ASSETS (LIABILITIES) (180 ) (180 )
TOTAL ASSETS LESS CURRENT LIABILITIES 179,737 179,737
Creditors: Amounts Falling Due After More Than One Year 6 (182,732 ) (182,732 )
NET LIABILITIES (2,995 ) (2,995 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (2,996 ) (2,996 )
SHAREHOLDERS' FUNDS (2,995) (2,995)
For the year ending 30 November 2023 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 her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Nahieda Majid
Director
30/08/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Majic Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11089916 . The registered office is 4 Manor Barns, Idbury, Chipping Norton, Oxfordshire, OX7 6RU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Investment Property
2023
£
Fair Value
As at 1 December 2022 and 30 November 2023 179,917
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 180 180
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 182,732 182,732
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 2