1 April 2023 true No description of principal activity Taxfiler 2024.5 05667461business:PrivateLimitedCompanyLtd2023-04-012024-03-31 056674612023-03-31 05667461business:EntityNoLongerTradingButTradedInPast2023-04-012024-03-31 056674612023-04-012024-03-31 05667461business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 05667461business:FilletedAccounts2023-04-012024-03-31 056674612024-03-31 05667461business:Director12023-04-012024-03-31 05667461business:CompanySecretary12023-04-012024-03-31 05667461business:RegisteredOffice2023-04-012024-03-31 05667461core:WithinOneYear2024-03-31 05667461core:WithinOneYear2023-03-31 056674612023-03-31 05667461core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 05667461core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 05667461core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 05667461core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 05667461core:PreviouslyStatedAmount2024-03-31 05667461core:PreviouslyStatedAmount2023-03-31 05667461business:SmallEntities2023-04-012024-03-31 05667461countries:EnglandWales2023-04-012024-03-31 05667461core:ComputerEquipment2023-04-012024-03-31 05667461core:ComputerEquipment2023-03-31 05667461core:ComputerEquipment2024-03-31 05667461business:OrdinaryShareClass12023-04-012024-03-31 05667461business:OrdinaryShareClass12022-04-012023-03-31 056674612022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05667461 (England and Wales)
Magic I.T. Training Limited Unaudited accounts for the year ended 31 March 2024
Magic I.T. Training Limited Unaudited accounts Contents
Page
- 2 -
Magic I.T. Training Limited Company Information for the year ended 31 March 2024
Director
Martin Gee
Secretary
Annette Gee
Company Number
05667461 (England and Wales)
Registered Office
7 Priory Road Noak Hill Romford Essex RM3 9AT UK
- 3 -
Magic I.T. Training Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Creditors: amounts falling due within one year
(6,302)
(6,302)
Net current liabilities
(6,302)
(6,302)
Net liabilities
(6,302)
(6,302)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(6,402)
(6,402)
Shareholders' funds
(6,302)
(6,302)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
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 11 September 2024 and were signed on its behalf by
Martin Gee Director Company Registration No. 05667461
- 4 -
Magic I.T. Training Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Magic I.T. Training Limited is a private company, limited by shares, registered in England and Wales, registration number 05667461. The registered office is 7 Priory Road, Noak Hill, Romford, Essex, RM3 9AT, UK.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
(1,291)
At 31 March 2024
(1,291)
Depreciation
At 1 April 2023
(1,291)
At 31 March 2024
(1,291)
Net book value
At 31 March 2024
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
6,302 
6,302 
- 5 -
Magic I.T. Training Limited Notes to the Accounts for the year ended 31 March 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -