MAGNET LEADS LTD - Accounts

MAGNET LEADS LTD
Statement of Financial Position
As at 30 November 2024

	2024		2023
	£	£	£	£
Fixed assets		920		1,380
Current assets	33,816		34,319
Creditors: amount falling due within one year	(23,329)		(19,723)
Net current assets		10,487		14,596
Total assets less current liabilities		11,407		15,976
Net assets		11,407		15,976


Capital and reserves		11,407		15,976

NOTES TO THE ACCOUNTS

General Information

MAGNET LEADS LTD is a private company, limited by shares, registered in England and Wales, registration number 13005480, registration address 20-22 WENLOCK ROAD, LONDON ENGLAND, N1 7GU.

The presentation currency is £ sterling.

1.	Average number of employees Average number of employees during the year was 0 (2023 : 0).

For the year ended 30 November 2024 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 year 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 20 November 2025 and were signed by:

--------------------------------
Eyitope AMODE
Director

Registered Number: 13005480
England and Wales
MAGNET LEADS LTD

Abridged Accounts

Period of accounts Start date: 01 December 2023 End date: 30 November 2024