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Company Registration No. 14039531 (England and Wales)
MAGIC HELPING PROPERTIES LTD Unaudited accounts for the year ended 30 April 2024
MAGIC HELPING PROPERTIES LTD Unaudited accounts Contents
Page
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MAGIC HELPING PROPERTIES LTD Company Information for the year ended 30 April 2024
Director
AKINWANDE, Yema Kadijattu
Company Number
14039531 (England and Wales)
Registered Office
20 BRASSIE WOOD CHELMSFORD CM3 3FQ ENGLAND
Accountants
Akusika Business Services Ltd Sapphire House 116 Station Road Chinnor Oxon OX39 4QG
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MAGIC HELPING PROPERTIES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
248,778 
248,778 
Current assets
Cash at bank and in hand
1,304 
- 
Creditors: amounts falling due within one year
(12,200)
(315)
Net current liabilities
(10,896)
(315)
Total assets less current liabilities
237,882 
248,463 
Creditors: amounts falling due after more than one year
(369,454)
(336,578)
Net liabilities
(131,572)
(88,115)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(131,672)
(88,215)
Shareholders' funds
(131,572)
(88,115)
For the year ending 30 April 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 director acknowledges her 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 and authorised for issue on 30 January 2025 and were signed on its behalf by
AKINWANDE, Yema Kadijattu Director Company Registration No. 14039531
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MAGIC HELPING PROPERTIES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
MAGIC HELPING PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 14039531. The registered office is 20 BRASSIE WOOD, CHELMSFORD, CM3 3FQ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investments
Other investments 
£ 
Valuation at 1 May 2023
248,778 
Valuation at 30 April 2024
248,778 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
12,200 
- 
Accruals
- 
315 
12,200 
315 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Trade creditors
- 
34,000 
Loans from directors
290,378 
302,578 
Deferred income
79,076 
- 
369,454 
336,578 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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