Company Registration No. 09961496 (England and Wales)
MAGNUSBM PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 March 2025
MAGNUSBM PROPERTIES LIMITED
Unaudited accounts
Contents
MAGNUSBM PROPERTIES LIMITED
Company Information
for the year ended 31 March 2025
Director
Magnus BATSVIK-MILLER
Company Number
09961496 (England and Wales)
Registered Office
Flat 7 46 Cintra Park,
LONDON
SE19 2LQ
England.
MAGNUSBM PROPERTIES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
2,832,122
2,832,122
Cash at bank and in hand
8,687
1,436
Creditors: amounts falling due within one year
(666,643)
(686,966)
Net current liabilities
(656,690)
(684,264)
Total assets less current liabilities
2,175,432
2,147,858
Creditors: amounts falling due after more than one year
(2,036,851)
(2,036,851)
Net assets
138,581
111,007
Called up share capital
4
4
Profit and loss account
138,577
111,003
Shareholders' funds
138,581
111,007
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 2 December 2025 and were signed on its behalf by
Magnus BATSVIK-MILLER
Director
Company Registration No. 09961496
MAGNUSBM PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
MAGNUSBM PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09961496. The registered office is Flat 7 46 Cintra Park,, LONDON, SE19 2LQ, England..
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
At 31 March 2025
2,832,122
At 31 March 2025
2,832,122
At 31 March 2024
2,832,122
Amounts falling due within one year
Accrued income and prepayments
1,266
1,266
MAGNUSBM PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
22,485
9,834
Loans from directors
644,158
676,832
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
2,036,851
2,036,851
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).