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Company Registration No. 06465987 (England and Wales)
Magenta Scripts Limited Unaudited accounts for the year ended 31 March 2025
Magenta Scripts Limited Unaudited accounts Contents
Page
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Magenta Scripts Limited Company Information for the year ended 31 March 2025
Directors
Stephen Deas Michaela Deas
Secretary
Stephen Deas
Company Number
06465987 (England and Wales)
Registered Office
2A Chequers Road Writtle Chelmsford CM1 3NQ
Accountants
ASTON STEELE Aston House Cotchford Hill, Hartfield Sussex TN7 4HA
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Magenta Scripts Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2 
10,818 
Current assets
Debtors
17,558 
676 
Cash at bank and in hand
5,973 
27,966 
23,531 
28,642 
Creditors: amounts falling due within one year
(3,448)
(15,398)
Net current assets
20,083 
13,244 
Total assets less current liabilities
20,085 
24,062 
Provisions for liabilities
Deferred tax
- 
(200)
Net assets
20,085 
23,862 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
19,085 
22,862 
Shareholders' funds
20,085 
23,862 
For the year ending 31 March 2025 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 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 of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Stephen Deas Director Company Registration No. 06465987
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Magenta Scripts Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Magenta Scripts Limited is a private company, limited by shares, registered in England and Wales, registration number 06465987. The registered office is 2A Chequers Road, Writtle, Chelmsford, CM1 3NQ.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Motor vehicles
20% Straight Line
Computer equipment
20% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Magenta Scripts Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
21,884 
8,264 
30,148 
Disposals
(21,884)
(8,264)
(30,148)
At 31 March 2025
- 
- 
- 
Depreciation
At 1 April 2024
12,353 
6,977 
19,330 
Charge for the year
4,281 
1,037 
5,318 
On disposals
(16,634)
(8,016)
(24,650)
At 31 March 2025
- 
(2)
(2)
Net book value
At 31 March 2025
- 
2 
2 
At 31 March 2024
9,531 
1,287 
10,818 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
738 
- 
Other debtors
622 
- 
1,360 
- 
Amounts falling due after more than one year
Other debtors
16,198 
676 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
5,995 
Taxes and social security
- 
3,954 
Loans from directors
- 
3,821 
Accruals
3,448 
1,628 
3,448 
15,398 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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