MAGIC IT CONSULTING LTD

Company Registration Number:
06528068 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MAGIC IT CONSULTING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

MAGIC IT CONSULTING LTD

Company Information

for the Period Ended 31 December 2023




Director: M J Connor
C J Connor
Registered office: 39
Meeting Street
Quorn
Loughborough
England
LE12 8EU
Company Registration Number: 06528068 (England and Wales)

MAGIC IT CONSULTING LTD

Directors' Report Period Ended 31 December 2023

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

Principal Activities

The principal activity of the company during the period was the supply of computer consulting services.

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
M J Connor
C J Connor

This report was approved by the board of directors on 1 September 2024
And Signed On Behalf Of The Board By:

Name: M J Connor
Status: Director

MAGIC IT CONSULTING LTD

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 777 3,646
Total fixed assets: 777 3,646
Current assets
Debtors: 20,823 19,373
Cash at bank and in hand: 572,169 499,698
Total current assets: 592,992 519,071
Creditors: amounts falling due within one year: ( 80,123 ) ( 66,520 )
Net current assets (liabilities): 512,869 452,551
Total assets less current liabilities: 513,646 456,197
Accruals and deferred income: ( 9,000 )
Total net assets (liabilities): 513,646 447,197

The notes form part of these financial statements

MAGIC IT CONSULTING LTD

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 513,546 447,097
Shareholders funds: 513,646 447,197

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period 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.

This report was approved by the board of directors on 1 September 2024
And Signed On Behalf Of The Board By:

Name: M J Connor
Status: Director

The notes form part of these financial statements

MAGIC IT CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

MAGIC IT CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

MAGIC IT CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

MAGIC IT CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 18,127
Additions 129
Disposals (1,812)
Revaluations -
Transfers -
At 31 December 2023 16,444
Depreciation
At 01 January 2023 14,481
Charge for year 2,998
On disposals (1,812)
Other adjustments -
At 31 December 2023 15,667
Net book value
At 31 December 2023 777
At 31 December 2022 3,646