Registration number: 12906577

Magic TV Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Magic TV Limited

Company Information

Directors

Mr C A Petty Mrs S L Petty

Registered office

14A Mill Park Cannock Staffordshire WS11 7XT

Accountants

Wychbury Greaves Station House Station Road Rugeley Staffordshire WS15 3HA

Magic TV Limited

(Registration number: 12906577)
Balance Sheet as at 30 September 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	1,961	2,614
Current assets
Debtors		55,128	23,902
Cash at bank and in hand		3,156	7,771
		58,284	31,673
Creditors: Amounts falling due within one year		(13,286)	(8,986)
Net current assets		44,998	22,687
Net assets		46,959	25,301
Capital and reserves
Called up share capital	5	100	100
Retained earnings		46,859	25,201
Shareholders' funds		46,959	25,301

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:
 

......................................... Mrs S L Petty Director

Magic TV Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
14A Mill Park
Cannock
Staffordshire
WS11 7XT
England

These financial statements were authorised for issue by the Board on 25 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% Reducing Balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Magic TV Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 October 2023	4,445	4,445
At 30 September 2024	4,445	4,445
Depreciation
At 1 October 2023	1,831	1,831
Charge for the year	653	653
At 30 September 2024	2,484	2,484
Carrying amount
At 30 September 2024	1,961	1,961
At 30 September 2023	2,614	2,614

5	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary A shares of £1 each	50	50	50	50
Ordinary B shares of £1 each	50	50	50	50
	100	100	100	100

6	Related party transactions

Included in other debtors is an amount of £24,402 (2023 - £23,902) which is due from Slightly Unusual Limited, and an amount of £30,727 (2023 - £NIL) which is due from Non Stop Kids Limited.