Company Registration No. 08689684 (England and Wales)
Magic Hour Generation Limited
Unaudited accounts
for the year ended 30 September 2024
Magic Hour Generation Limited
Unaudited accounts
Contents
Magic Hour Generation Limited
Company Information
for the year ended 30 September 2024
Directors
Mr L Eldred
Mr M Smith
Company Number
08689684 (England and Wales)
Registered Office
Meadowbrook
Miller Street
Radcliffe
M26 4JG
United Kingdom
Accountants
3rd Eye Accountax LTD
PO Box 163
Manchester
Greater Manchester
M26 6DD
Magic Hour Generation Limited
Statement of financial position
as at 30 September 2024
Tangible assets
371,521
275,079
Cash at bank and in hand
381,269
255,543
Creditors: amounts falling due within one year
(153,093)
(45,295)
Net current assets
323,176
214,443
Total assets less current liabilities
694,697
489,522
Creditors: amounts falling due after more than one year
(1,684)
(6,283)
Provisions for liabilities
Deferred tax
(52,571)
(52,571)
Net assets
640,442
430,668
Called up share capital
100
100
Profit and loss account
640,342
430,568
Shareholders' funds
640,442
430,668
For the year ending 30 September 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 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 of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by
Mr L Eldred
Director
Company Registration No. 08689684
Magic Hour Generation Limited
Notes to the Accounts
for the year ended 30 September 2024
Magic Hour Generation Limited is a private company, limited by shares, registered in England and Wales, registration number 08689684. The registered office is Meadowbrook, Miller Street, Radcliffe, M26 4JG, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
463,259
22,995
35,149
521,403
Additions
165,220
-
-
165,220
At 30 September 2024
628,479
22,995
35,149
686,623
At 1 October 2023
207,674
13,295
25,355
246,324
Charge for the year
63,121
2,425
3,232
68,778
At 30 September 2024
270,795
15,720
28,587
315,102
At 30 September 2024
357,684
7,275
6,562
371,521
At 30 September 2023
255,585
9,700
9,794
275,079
Amounts falling due after more than one year
Trade debtors
95,000
4,195
Magic Hour Generation Limited
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
105,231
42,121
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
1,684
6,283
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).