Magnetic Property Limited

Registered number: 10067182

	2025	2024
	£	£
Fixed assets	733,375	733,375

Current assets	129,902	143,737
Creditors: Amounts Falling Due Within One Year	(22,931 )	(19,531 )

NET CURRENT ASSETS	106,971	124,206

TOTAL ASSETS LESS CURRENT LIABILITIES	840,346	857,581

Creditors: Amounts Falling Due After More Than One Year	(572,671 )	(602,602 )
Accruals and deferred income	(810 )	(810 )

NET ASSETS	266,865	254,169

CAPITAL AND RESERVES	266,865	254,169

Notes

1. General Information

Magnetic Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10067182 . The registered office is 231 Wingletye Lane, Emerson Park, Hornchurch, Essex, RM11 3BL.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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 directors acknowledge their 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 Anthony Fernandes

Director

30/12/2025