The People Magic Company Ltd |
Registered Number:11800220 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
The People Magic Company Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
The People Magic Company Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
1,708
2,512
2
1,708
2,512
Trade and other receivables |
(63)
1,662
3
48,018
Cash and cash equivalents |
61,771
63,433
47,955
Trade and other payables: amounts falling due within one |
year |
(17,610)
(13,626)
4
30,345
49,807
Net current assets
Total assets less current liabilities |
51,515
32,857
Trade and other payables: amounts falling due after more |
than one year |
(11,227)
(32,071)
5
19,444
Net assets
21,630
1,200
1,200
18,244
20,430
19,444
21,630
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Peter Alan Francis Martin Director |
These financial statements were approved and authorised for issue by the Board on 21 June 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
The People Magic Company Ltd
Notes to the Financial Statements
Statutory Information
The People Magic Company Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 11800220. |
Suite L , KBF House
55 Victoria Road
Burgess Hill
West Sussex
RH15 9LH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
8,205
7,802
403
1,483
1,483
-
(5,645)
(403)
(6,048)
-
3,640
3,640
Provision for depreciation and impairment |
5,693
5,291
402
Charge for year
1,213
1,213
-
(4,974)
(4,572)
(402)
1,932
1,932
-
-
1,708
1,708
1
2,511
2,512
3. Trade and other receivables |
2023
2024
1,662
180
-
(243)
(63)
1,662
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For the year ended 31 March 2024
The People Magic Company Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2023
2024
26
(1)
Taxation and social security |
13,600
17,611
13,626
17,610
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
32,071
11,227
6. Average number of persons employed |
During the year the average number of employees was 6 (2023 : 6)
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