Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false true No description of principal activity 1 November 2023 31 October 2024 31 October 2024 04931931 Mr J G Morley Mrs C L Morley Mrs C L Morley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04931931 2023-10-31 04931931 2024-10-31 04931931 2023-11-01 2024-10-31 04931931 frs-core:CurrentFinancialInstruments 2024-10-31 04931931 frs-core:Non-currentFinancialInstruments 2024-10-31 04931931 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04931931 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 04931931 frs-bus:Micro-entities 2023-11-01 2024-10-31 04931931 frs-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 04931931 frs-bus:Director1 2023-11-01 2024-10-31 04931931 frs-bus:Director1 2023-10-31 04931931 frs-bus:Director1 2024-10-31 04931931 frs-bus:Director2 2023-11-01 2024-10-31 04931931 frs-bus:Director2 2023-10-31 04931931 frs-bus:Director2 2024-10-31 04931931 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 04931931 2022-10-31 04931931 2023-10-31 04931931 2022-11-01 2023-10-31 04931931 frs-core:CurrentFinancialInstruments 2023-10-31 04931931 frs-core:Non-currentFinancialInstruments 2023-10-31
Registered number: 04931931
Magical Display Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Magical Display Ltd For The Year Ended 31 October 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Magical Display Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Magical Display Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Magical Display Ltd and state those matters that we have agreed to state to the directors of Magical Display Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Magical Display Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Magical Display Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Magical Display Ltd . You consider that Magical Display Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Magical Display Ltd . 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 financial statements.
27 May 2025
Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB
Page 1
Page 2
Balance Sheet
Registered number: 04931931
2024 2023
£ £
Fixed assets - 1,135
Current assets 110,383 82,001
Creditors: Amounts Falling Due Within One Year (62,215 ) (24,572 )
NET CURRENT ASSETS 48,168 57,429
TOTAL ASSETS LESS CURRENT LIABILITIES 48,168 58,564
Creditors: Amounts Falling Due After More Than One Year (29,451 ) (35,460 )
Accruals and deferred income (7,769 ) (23,776 )
NET ASSETS/(LIABILITIES) 10,948 (672 )
CAPITAL AND RESERVES 10,948 (672 )

Notes

1. General Information
Magical Display Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04931931 . The registered office is 10 Home Farm, Loseley Estate, Guildford, Surrey, GU3 1HS.
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105
'The Financial Reporting Standard applicable to the Micro-entities Regime'.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
3. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr J G Morley 5,015 - 5,015 - -
Mrs C L Morley 5,015 - 5,015 - -
The above loan is unsecured, interest free and repayable on demand.
Page 2
Page 3
For the year ending 31 October 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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.
On behalf of the board
Mrs C L Morley
Director
27 May 2025
Page 3