Registered Number 06300291

MAGNETIC I D LIMITED

Micro-entity Accounts

31 March 2025

MAGNETIC I D LIMITED Registered Number 06300291

Micro-entity Balance Sheet as at 31 March 2025

Notes 2025 2024
£ £
Current Assets
254,713
314,332
Creditors: amounts falling due within one year
(14,239)
(26,639)
Net current assets (liabilities)
240,474
287,693
Total assets less current liabilities
240,474
287,693
Creditors: amounts falling due after more than one year
(173,800)
(1,185,863)
Total net assets (liabilities)
66,674
(898,170)
Capital and reserves
66,674
(898,170)
  • For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 December 2025

And signed on their behalf by:
Peter James Harris, Director

MAGNETIC I D LIMITED Registered Number 06300291

Notes to the Micro-entity Accounts for the period ended 31 March 2025

1Employees
2025 2024
Average number of employees during the period 1 1