MAG-C SERVICES LTD. Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11303803

MAG-C SERVICES LTD.

Filleted Unaudited Financial Statements

30 April 2025

MAG-C SERVICES LTD.

Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Current assets

Debtors	5	208,344	208,344
Cash at bank and in hand		101	101
		---------	---------
		208,445	208,445
		---------	---------
Net current assets		208,445	208,445
		---------	---------
Total assets less current liabilities		208,445	208,445
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	208,345	208,345
	---------	---------
Shareholders funds	208,445	208,445
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 April 2025 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Mr Martellozo
Director

Company registration number: 11303803

MAG-C SERVICES LTD.

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 26 Harrington Gardens, Flat 4, London, England, SW7 4LS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

4. Tangible assets

	Equipment
	£
Cost
At 1 May 2024 and 30 April 2025	3,740
	-------
Depreciation
At 1 May 2024 and 30 April 2025	3,740
	-------
Carrying amount
At 30 April 2025	–
	-------
At 30 April 2024	–
	-------

5. Debtors

	2025	2024
	£	£
Other debtors	208,344	208,344
	---------	---------