7Magok Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 10925066

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets			6,510		8,680
Tangible Assets			57,256		72,667

			63,766		81,347
CURRENT ASSETS
Stocks		6,425		8,695
Debtors		2,072		16,188
Cash at bank and in hand		51,359		60,712

		59,856		85,595
Creditors: Amounts Falling Due Within One Year		(70,286 )		(45,345 )

NET CURRENT ASSETS (LIABILITIES)			(10,430 )		40,250

TOTAL ASSETS LESS CURRENT LIABILITIES			53,336		121,597

NET ASSETS			53,336		121,597

CAPITAL AND RESERVES
Called up share capital	4		200		200
Profit and Loss Account			53,136		121,397

SHAREHOLDERS' FUNDS			53,336		121,597

Page 1

Page 2

7Magok Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Agustin Bazzini

Director

30/09/2025

The notes on page 3 form part of these financial statements.

1. General Information

7Magok Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10925066 . The registered office is Quither, Whiteley Farm Bittaford, Ivybridge, Devon, PL21 0LD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straight line
Motor Vehicles	20% Reducing balance
Computer Equipment	30% Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	200	200