MAGNUS CONSTRUCTION LTD

Company Registration Number:
09806738 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

MAGNUS CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

MAGNUS CONSTRUCTION LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 213,311 145,637
Tangible assets: 4 532,114 384,894
Total fixed assets: 745,425 530,531
Current assets
Stocks: 122,600 102,818
Debtors:   212,321 182,737
Cash at bank and in hand: 212,400
Total current assets: 547,321 285,555
Creditors: amounts falling due within one year:   (114,200) (26,512)
Net current assets (liabilities): 433,121 259,043
Total assets less current liabilities: 1,178,546 789,574
Total net assets (liabilities): 1,178,546 789,574
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,178,545 789,573
Shareholders funds: 1,178,546 789,574

The notes form part of these financial statements

MAGNUS CONSTRUCTION LTD

Balance sheet statements

For the year ending 31 October 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 October 2024
and signed on behalf of the board by:

Name: Gina PARK
Status: Director

The notes form part of these financial statements

MAGNUS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

MAGNUS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 11 7

MAGNUS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 145,637
Additions 67,674
At 31 October 2023 213,311
Net book value
At 31 October 2023 213,311
At 31 October 2022 145,637

MAGNUS CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 384,894
Additions 147,220
At 31 October 2023 532,114
Net book value
At 31 October 2023 532,114
At 31 October 2022 384,894