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Company Registration No. 07218268 (England and Wales)
Magic Hatter Entertainments LTD Unaudited accounts for the year ended 31 March 2025
Magic Hatter Entertainments LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Magic Hatter Entertainments LTD Company Information for the year ended 31 March 2025
Director
Mr D Wood
Secretary
Mrs B Wood
Company Number
07218268 (England and Wales)
Registered Office
53 THE MEADOWS RICCALL YORK NORTH YORKSHIRE YO19 6RR
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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Magic Hatter Entertainments LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
640
937
Current assets
Inventories
8,250
6,250
Debtors
5
5,027
-
Cash at bank and in hand
279
1,124
13,556
7,374
Creditors: amounts falling due within one year
6
(7,060)
(8,237)
Net current assets/(liabilities)
6,496
(863)
Net assets
7,136
74
Capital and reserves
Called up share capital
2
2
Profit and loss account
7,134
72
Shareholders' funds
7,136
74
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 his 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 11 November 2025 and were signed on its behalf by
Mr D Wood Director Company Registration No. 07218268
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Magic Hatter Entertainments LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Magic Hatter Entertainments LTD is a private company, limited by shares, registered in England and Wales, registration number 07218268. The registered office is 53 THE MEADOWS, RICCALL, YORK, NORTH YORKSHIRE, YO19 6RR.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on a reducing balance
Computer equipment
30% on a reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
1,747
1,850
3,597
At 31 March 2025
1,747
1,850
3,597
Depreciation
At 1 April 2024
1,222
1,438
2,660
Charge for the year
173
124
297
At 31 March 2025
1,395
1,562
2,957
Net book value
At 31 March 2025
352
288
640
At 31 March 2024
525
412
937
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Magic Hatter Entertainments LTD Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
5,027
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
6,418
3,341
Loans from directors
-
4,272
Accruals
642
624
7,060
8,237
7
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mr D Wood
Loan
-
5,027
-
5,027
-
5,027
-
5,027
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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