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Company Registration No. 14716975 (England and Wales)
MAGIC ACCOUNTING SOLUTIONS LTD Unaudited accounts for the year ended 31 March 2025
MAGIC ACCOUNTING SOLUTIONS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MAGIC ACCOUNTING SOLUTIONS LTD Company Information for the year ended 31 March 2025
Director
MAJINDER BHOGAL,
Company Number
14716975 (England and Wales)
Registered Office
6 PUPPY GREEN TIPTON DY4 8UD UNITED KINGDOM
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MAGIC ACCOUNTING SOLUTIONS LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Cash at bank and in hand
8,275
17,082
Creditors: amounts falling due within one year
4
(8,959)
(16,952)
Net current (liabilities)/assets
(684)
130
Total assets less current liabilities
(684)
130
Provisions for liabilities
Deferred tax
(45)
-
Net (liabilities)/assets
(729)
130
Capital and reserves
Called up share capital
1
1
Profit and loss account
(730)
129
Shareholders' funds
(729)
130
For the year ending 31 March 2025 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2025 and were signed on its behalf by
MAJINDER BHOGAL, Director Company Registration No. 14716975
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MAGIC ACCOUNTING SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
MAGIC ACCOUNTING SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 14716975. The registered office is 6 PUPPY GREEN, TIPTON, DY4 8UD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
52
Other creditors
5,245
12,593
Loans from directors
3,114
3,694
Accruals
600
613
8,959
16,952
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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