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REGISTERED NUMBER: 15468260 (England and Wales)












MAGIC STRAND INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

5 FEBRUARY 2024 TO 31 DECEMBER 2024






MAGIC STRAND INTERNATIONAL LIMITED (REGISTERED NUMBER: 15468260)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 5 FEBRUARY 2024 TO 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAGIC STRAND INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE PERIOD 5 FEBRUARY 2024 TO 31 DECEMBER 2024







DIRECTOR: C D Steele





REGISTERED OFFICE: Highland House
Mayflower Close
Chandler's Ford
Eastleigh
Hampshire
SO53 4AR





REGISTERED NUMBER: 15468260 (England and Wales)

MAGIC STRAND INTERNATIONAL LIMITED (REGISTERED NUMBER: 15468260)

BALANCE SHEET
31 DECEMBER 2024

Notes £
FIXED ASSETS
Investments 4 100

CURRENT ASSETS
Cash in hand 100

CREDITORS
Amounts falling due within one year 5 (100 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

CAPITAL AND RESERVES
Called up share capital 100
100

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

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

The director acknowledges his 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





C D Steele - Director


MAGIC STRAND INTERNATIONAL LIMITED (REGISTERED NUMBER: 15468260)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 5 FEBRUARY 2024 TO 31 DECEMBER 2024


1. STATUTORY INFORMATION

Magic Strand International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Magic Strand International Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

MAGIC STRAND INTERNATIONAL LIMITED (REGISTERED NUMBER: 15468260)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 5 FEBRUARY 2024 TO 31 DECEMBER 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
Additions 100
At 31 December 2024 100
NET BOOK VALUE
At 31 December 2024 100

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Amounts owed to group undertakings 100