13619857falseperforming arts2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-012024-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-012024-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 13619857

Dan Rhodes Magic Ltd

FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30/09/2024

Prepared By:
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL112ER

Dan Rhodes Magic Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
DIRECTORS
Mr D Rhodes
SECRETARY
Mrs L Rhodes
REGISTERED OFFICE
226 Oldham Road
Rochdale
OL11 2ER
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13619857
ACCOUNTANTS
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL112ER

Dan Rhodes Magic Ltd

ACCOUNTS
FOR THEYEARENDED30/09/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Dan Rhodes Magic Ltd

BALANCE SHEET AT 30/09/2024
20242023
Notes££
FIXED ASSETS
Tangible assets315,37613,671
Investment Assets492,20489,432
107,580103,103
CURRENT ASSETS
Debtors5771-
Cash at bank and in hand112,587125,233
113,358125,233
CREDITORS: Amounts falling due within one year616,47342,211
NET CURRENT ASSETS96,88583,022
TOTAL ASSETS LESS CURRENT LIABILITIES204,465186,125
PROVISIONS FOR LIABILITIES AND CHARGES72,9213,418
NET ASSETS201,544182,707
CAPITAL AND RESERVES
Called up share capital81010
Profit and loss account201,534182,697
SHAREHOLDERS' FUNDS201,544182,707
For the year ending 30/09/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27/06/2025 and signed on their behalf by
.............................
Mr D Rhodes
Director

Dan Rhodes Magic Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Investments
Investments are included at fair value.
1e. Revenue Recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue from the sale of services is recognised when the service is performed.
2. EMPLOYEES
20242023
No.No.
Average number of employees21

Dan Rhodes Magic Ltd

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/10/202319,39619,396
Additions6,8306,830
At 30/09/202426,22626,226
Depreciation
At 01/10/20235,7255,725
For the year5,1255,125
At 30/09/202410,85010,850
Net Book Amounts
At 30/09/202415,37615,376
At 30/09/202313,67113,671
4. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/10/202389,43289,432
Additions2,7722,772
At 30/09/202492,20492,204
Amortisation
Net Book Amounts
At 30/09/202492,20492,204
At 30/09/202389,43289,432
The investments are valued at cost as the director considers this to be a fair value for them.
No amortisation has been charged.
5. DEBTORS 20242023
££
Amounts falling due within one year
VAT771-
771-

Dan Rhodes Magic Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax12,02337,188
VAT-2,061
PAYE control1,266130
Salaries and wages control1,7341,832
Accruals1,4501,000
16,47342,211
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation2,9213,418
2,9213,418
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
10 Ordinary shares of £1 each1010
1010