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REGISTERED NUMBER: 05088310 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Human Magic Ltd

Human Magic Ltd (Registered number: 05088310)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Human Magic Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr Mark Aaron Hardwicke
Mr Huw Thomas





REGISTERED OFFICE: Queens Insurance Building
24 Queen Avenue
Dale Street
Liverpool
Merseyside
L2 4TZ





REGISTERED NUMBER: 05088310 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

Human Magic Ltd (Registered number: 05088310)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 117,358 146,698
Tangible assets 5 93,394 53,079
210,752 199,777

CURRENT ASSETS
Debtors 6 2,324,841 2,386,246
Cash at bank and in hand 526 19,739
2,325,367 2,405,985
CREDITORS
Amounts falling due within one year 7 2,326,155 2,714,457
NET CURRENT LIABILITIES (788 ) (308,472 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,964

(108,695

)

CREDITORS
Amounts falling due after more than
one year

8

171,325

249,787
NET ASSETS/(LIABILITIES) 38,639 (358,482 )

CAPITAL AND RESERVES
Called up share capital 300,001 300,001
Retained earnings (261,362 ) (658,483 )
38,639 (358,482 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Human Magic Ltd (Registered number: 05088310)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:





Mr Mark Aaron Hardwicke - Director


Human Magic Ltd (Registered number: 05088310)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Human Magic Ltd 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.

Turnover
Turnover is measured at the fair value of the amounts derived from the services provided by the company falling within its ordinary activities, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Human Magic Ltd (Registered number: 05088310)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 72 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 292,302
AMORTISATION
At 1 April 2024 145,604
Charge for year 29,340
At 31 March 2025 174,944
NET BOOK VALUE
At 31 March 2025 117,358
At 31 March 2024 146,698

Human Magic Ltd (Registered number: 05088310)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 637,074
Additions 68,520
Disposals (30,927 )
At 31 March 2025 674,667
DEPRECIATION
At 1 April 2024 583,995
Charge for year 20,989
Eliminated on disposal (23,711 )
At 31 March 2025 581,273
NET BOOK VALUE
At 31 March 2025 93,394
At 31 March 2024 53,079

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 248,082 135,721
Amounts owed by group undertakings 1,682,451 1,675,399
Other debtors 394,308 575,126
2,324,841 2,386,246

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 161,471 231,712
Hire purchase contracts 20,452 10,626
Trade creditors 455,252 384,264
Amounts owed to group undertakings - 1,201,961
Taxation and social security 1,491,943 567,347
Other creditors 197,037 318,547
2,326,155 2,714,457

Human Magic Ltd (Registered number: 05088310)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 125,000 225,000
Hire purchase contracts 46,325 24,787
171,325 249,787

9. RELATED PARTY DISCLOSURES

The company was owed the following balances from companies in the same small company
group structure at 31st March 2025:

- PH Creative Inc £1,682,451 (AP2024: £1,669,001)