MAGDA MULTAN HOME LTD

MAGDA MULTAN HOME LTD
Statement of Financial Position
As at 31 January 2025

	2025
	£	£
Current assets	10,904
Creditors: amount falling due within one year	(2,752)
Net current assets		8,152
Total assets less current liabilities		8,152
Provisions for liabilities		(285)
Net assets		7,867


Capital and reserves		7,867

NOTES TO THE ACCOUNTS

General Information

MAGDA MULTAN HOME LTD is a private company, limited by shares, registered in England and Wales, registration number 15518746, registration address 63 Whitfield Crescent, Shrewsbury, SY3 8FD .

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

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, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

2.	Average number of employees Average number of employees during the period was 2.

For the period ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 12 September 2025 and were signed by:

--------------------------------
Magdalena Justyna Malinowska-Multan
Director

Registered Number: 15518746
England and Wales
MAGDA MULTAN HOME LTD

Abridged Accounts

Period of accounts Start date: 24 February 2024 End date: 31 January 2025