2023-06-01 2024-05-31 false Capium Accounts Production 1.1 11996980 2023-06-01 2024-05-31 11996980 bus:AbridgedAccounts 2023-06-01 2024-05-31 11996980 bus:FRS102 2023-06-01 2024-05-31 11996980 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 11996980 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11996980 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11996980 2023-06-01 2024-05-31 11996980 2024-05-31 11996980 bus:RegisteredOffice 2023-06-01 2024-05-31 11996980 core:WithinOneYear 2024-05-31 11996980 core:AfterOneYear 2024-05-31 11996980 1 2023-06-01 2024-05-31 11996980 bus:Director1 2023-06-01 2024-05-31 11996980 bus:Director1 2024-05-31 11996980 bus:Director1 2022-06-01 2023-05-31 11996980 2022-06-01 11996980 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 11996980 2022-06-01 2023-05-31 11996980 2023-05-31 11996980 core:WithinOneYear 2023-05-31 11996980 core:AfterOneYear 2023-05-31 11996980 bus:EntityAccountantsOrAuditors 2022-06-01 2023-05-31 11996980 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 11996980 bus:OrdinaryShareClass1 2024-05-31 11996980 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 11996980 bus:OrdinaryShareClass1 2023-05-31 11996980 core:PlantMachinery 2023-06-01 2024-05-31 11996980 core:PlantMachinery 2024-05-31 11996980 core:PlantMachinery 2023-05-31 11996980 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-05-31 11996980 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 11996980 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 11996980 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 11996980 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 11996980 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 11996980 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 11996980 core:Non-currentFinancialInstruments 2024-05-31 11996980 core:Non-currentFinancialInstruments 2023-05-31 11996980 core:ShareCapital 2024-05-31 11996980 core:ShareCapital 2023-05-31 11996980 core:RetainedEarningsAccumulatedLosses 2024-05-31 11996980 core:RetainedEarningsAccumulatedLosses 2023-05-31 11996980 dpl:Item1 2023-06-01 11996980 dpl:Item1 2024-05-31 11996980 dpl:Item1 2022-06-01 11996980 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11996980
England and Wales

 

 

 

MAGU MANCHESTER LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

Magu Manchester Limited
Contents Page
For the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of Magu Manchester Limited for the year ended 31 May 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.


This report is made solely to the directors of Magu Manchester Limited in accordance with our terms of engagement. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its directors for our work or for this report.

It is your duty to ensure that Magu Manchester Limited has kept adequate accounting records
and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Magu Manchester Limited.

You consider that Magu Manchester Limited is exempt from the statutory audit requirement for the period and we have not been instructed to carry out an audit or a review of the financial statements of Magu Manchester Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.


Burton Varley Ltd
Suite 3, 2nd Floor, Didsbury House
748 - 754 Wilmslow Road
Manchester
M20 2DW
18 February 2025
1
 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Tangible fixed assets 3 2,200    4,200 
2,200    4,200 
Current assets      
Stocks 15,000    1,000 
Cash at bank and in hand 333    89 
15,333    1,089 
Creditors: amount falling due within one year (27,884)   (35,264)
Net current assets (12,551)   (34,175)
 
Total assets less current liabilities (10,351)   (29,975)
Net assets (10,351)   (29,975)
 

Capital and reserves 		     
Called up share capital 4 1    1 
Profit and loss account (10,352)   (29,976)
Shareholders' funds (10,351)   (29,975)
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 18 February 2025 and were signed on its behalf by:


-------------------------------
Francesco Paolo Salsiera
Director
2
General Information
Magu Manchester Limited is a private company, limited by shares, registered in England and Wales, registration number 11996980, registration address C/O Burton Varley Ltd, Suite 3, 2nd floor, Didsbury House, 748 - 754 Wilmslow Road, Manchester, Manchester, M20 2DW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 June 2023 10,000    10,000 
Additions -    - 
Disposals -    - 
At 31 May 2024 10,000    10,000 
Depreciation
At 01 June 2023 5,800    5,800 
Charge for year 2,000    2,000 
On disposals -    - 
At 31 May 2024 7,800    7,800 
Net book values
Closing balance as at 31 May 2024 2,200    2,200 
Opening balance as at 01 June 2023 4,200    4,200 


4.

Share Capital

Allotted, called up and fully paid
2024
£		   2023
£
1 Class A share of £1.00 each 1    1 
1    1 

3