Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31truetrue22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falsefalseNo description of principal activity 10625910 2023-04-01 2024-03-31 10625910 2024-03-31 10625910 2022-04-01 2023-03-31 10625910 2023-03-31 10625910 c:Director1 2023-04-01 2024-03-31 10625910 d:CurrentFinancialInstruments 2024-03-31 10625910 d:CurrentFinancialInstruments 2023-03-31 10625910 d:Non-currentFinancialInstruments 2024-03-31 10625910 d:Non-currentFinancialInstruments 2023-03-31 10625910 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10625910 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10625910 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 10625910 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10625910 d:ShareCapital 2024-03-31 10625910 d:ShareCapital 2023-03-31 10625910 d:RetainedEarningsAccumulatedLosses 2024-03-31 10625910 d:RetainedEarningsAccumulatedLosses 2023-03-31 10625910 c:FRS102 2023-04-01 2024-03-31 10625910 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10625910 c:FullAccounts 2023-04-01 2024-03-31 10625910 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10625910 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 10625910







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


THE MAGIC SHELF LIMITED






































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THE MAGIC SHELF LIMITED
REGISTERED NUMBER:10625910



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
275

Cash at bank and in hand
  
317
176

  
317
451

Creditors: amounts falling due within one year
 5 
(11,248)
(7,068)

Net current liabilities
  
 
 
(10,931)
 
 
(6,617)

Total assets less current liabilities
  
(10,931)
(6,617)

Creditors: amounts falling due after more than one year
 6 
(3,200)
(5,600)

  

Net liabilities
  
(14,131)
(12,217)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(14,133)
(12,219)

  
(14,131)
(12,217)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Dr I Carrick
Director

Date: 25 November 2024

Page 1

 


THE MAGIC SHELF LIMITED
REGISTERED NUMBER:10625910


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


THE MAGIC SHELF LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The Magic Shelf Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office and principal place of business is shown on the Company Information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on the going concern basis on the basis that the directors will continue to support the company.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Trade debtors
-
275

-
275


Page 3

 


THE MAGIC SHELF LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
2,400
2,400

Other taxation and social security
263
153

Other creditors
5,290
2,090

Accruals and deferred income
3,295
2,425

11,248
7,068



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
3,200
5,600

3,200
5,600


 
Page 4