Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false true No description of principal activity 1 March 2023 29 February 2024 29 February 2024 12474951 Mr Ho Fai Chung Ms Yuen Man Lo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12474951 2023-02-28 12474951 2024-02-29 12474951 2023-03-01 2024-02-29 12474951 frs-core:CurrentFinancialInstruments 2024-02-29 12474951 frs-core:Non-currentFinancialInstruments 2024-02-29 12474951 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12474951 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 12474951 frs-bus:Micro-entities 2023-03-01 2024-02-29 12474951 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 12474951 frs-bus:Director1 2023-03-01 2024-02-29 12474951 frs-bus:Director2 2023-03-01 2024-02-29 12474951 2022-02-28 12474951 2023-02-28 12474951 2022-03-01 2023-02-28 12474951 frs-core:CurrentFinancialInstruments 2023-02-28 12474951 frs-core:Non-currentFinancialInstruments 2023-02-28
Registered number: 12474951
Magic Assets International Limited
Financial Statements
For The Year Ended 29 February 2024
Balance Sheet
Registered number: 12474951
2024 2023
£ £
Fixed assets 436,622 439,775
Current assets 1,581 2,210
Prepayments and accrued income 245 230
Creditors: Amounts Falling Due Within One Year (167,775 ) (169,029 )
NET CURRENT LIABILITIES (165,949 ) (166,589 )
TOTAL ASSETS LESS CURRENT LIABILITIES 270,673 273,186
Creditors: Amounts Falling After More Than One Year (318,762 ) (323,698 )
Accruals and deferred income (948 ) (912 )
NET LIABILITIES (49,037 ) (51,424 )
CAPITAL AND RESERVES (49,037 ) (51,424 )

Notes

1. General Information
Magic Assets International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12474951 . The registered office is 46/47, 5th Floor The Whitehouse, 111 New Street, Birmingham, B2 4EU.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
For the year ending 29 February 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 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.
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 Ho Fai Chung
Director
30th September 2024