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Company Registration No. 09987188 (England and Wales)
Universal Light and Magic Limited Unaudited accounts for the year ended 29 February 2024
Universal Light and Magic Limited Unaudited accounts Contents
Page
- 2 -
Universal Light and Magic Limited Company Information for the year ended 29 February 2024
Director
Mr Ian Murray
Company Number
09987188 (England and Wales)
Registered Office
Building 6 30 Friern park London N12 9DA
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Universal Light and Magic Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
142,665 
151,697 
Investments
74,917 
74,917 
217,582 
226,614 
Current assets
Inventories
53,020 
53,020 
Debtors
16,109 
13,257 
Cash at bank and in hand
37,678 
67,629 
106,807 
133,906 
Creditors: amounts falling due within one year
(66,445)
(84,630)
Net current assets
40,362 
49,276 
Total assets less current liabilities
257,944 
275,890 
Provisions for liabilities
Deferred tax
(27,106)
(37,924)
Net assets
230,838 
237,966 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
230,837 
237,965 
Shareholders' funds
230,838 
237,966 
For the year ending 29 February 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 his 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 27 February 2025 and were signed on its behalf by
Mr Ian Murray Director Company Registration No. 09987188
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Universal Light and Magic Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Universal Light and Magic Limited is a private company, limited by shares, registered in England and Wales, registration number 09987188. The registered office is Building 6, 30 Friern park, London, N12 9DA.
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.
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
25% Straight line
Motor vehicles
25% Straight line
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
198,020 
78,905 
171,468 
3,476 
451,869 
Additions
64,322 
- 
1,000 
- 
65,322 
At 29 February 2024
262,342 
78,905 
172,468 
3,476 
517,191 
Depreciation
At 1 March 2023
78,686 
78,904 
140,330 
2,252 
300,172 
Charge for the year
65,586 
- 
7,898 
870 
74,354 
At 29 February 2024
144,272 
78,904 
148,228 
3,122 
374,526 
Net book value
At 29 February 2024
118,070 
1 
24,240 
354 
142,665 
At 28 February 2023
119,334 
1 
31,138 
1,224 
151,697 
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Universal Light and Magic Limited Notes to the Accounts for the year ended 29 February 2024
5
Investments
Other investments 
£ 
Valuation at 1 March 2023
74,917 
Valuation at 29 February 2024
74,917 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,000 
13,148 
Amounts due from group undertakings etc.
109 
109 
16,109 
13,257 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
25,258 
27,833 
Trade creditors
9,542 
20,314 
Taxes and social security
122 
3,454 
Loans from directors
26,703 
28,384 
Accruals
4,820 
4,645 
66,445 
84,630 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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