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REGISTERED NUMBER: 11992342















Financial Statements for the Year Ended 31 May 2024

for

Magna Inc Ltd

Magna Inc Ltd (Registered number: 11992342)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Balance Sheet 1


Magna Inc Ltd (Registered number: 11992342)

Balance Sheet
31 May 2024

31.5.24 31.5.23
£    £   
CURRENT ASSETS 18,413 18,957

CREDITORS
Amounts falling due within one year (34,418 ) (19,683 )
NET CURRENT LIABILITIES (16,005 ) (726 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,005

)

(726

)

CAPITAL AND RESERVES (16,005 ) (726 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Magna Inc Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address are as below:

Registered number: 11992342

Registered office: 25 Leeming Road
Borehamwood
WD6 4EB

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - NIL ) .



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Magna Inc Ltd (Registered number: 11992342)

Balance Sheet - continued
31 May 2024


The financial statements 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.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:




A I Ali - Director



I Atherly - Director