Magellan Drake Ltd

	Page
Balance Sheet	1

Registered number: 14601630

	31 March 2025	31 March 2024
	£	£
Fixed assets	11,902	50,037

Current assets	43,353	32,060
Prepayments and accrued income	1,725	-
Creditors: Amounts Falling Due Within One Year	(103,669 )	(104,380 )

NET CURRENT LIABILITIES	(58,591 )	(72,320 )

TOTAL ASSETS LESS CURRENT LIABILITIES	(46,689 )	(22,283 )

Accruals and deferred income	-	(750 )

NET LIABILITIES	(46,689 )	(23,033 )

CAPITAL AND RESERVES	(46,689 )	(23,033 )

Notes

1. General Information

Magellan Drake Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14601630 . The registered office is 2nd Floor Trinity Square, London, Greater London, EC3N 4AJ.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 1)

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 member has 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Daniel Ruthven

Director

29/12/2025