REGISTERED NUMBER: NI638354 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Magna Moon Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E Lindsay

Mrs R Lindsay

REGISTERED OFFICE:

Finnebrogue Woods

26 Killyleagh Road

Downpatrick

Co. Down

BT30 9BL

REGISTERED NUMBER:

NI638354 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Rathmore House

52 St Patricks Avenue

Downpatrick

Co. Down

BT30 6DS

FIXED ASSETS

Intangible assets

4

2,567

4,767

Tangible assets

5

423,336

474,197

425,903

478,964

CURRENT ASSETS

Debtors

55,290

66,120

Cash at bank and in hand

33,248

97,759

88,538

163,879

CREDITORS

Amounts falling due within one year

251,602

278,968

NET CURRENT LIABILITIES

(163,064

)

(115,089

)

TOTAL ASSETS LESS CURRENT LIABILITIES

262,839

363,875

CREDITORS

Amounts falling due after more than one year

(33,040

)

(80,982

)

PROVISIONS FOR LIABILITIES

(79,322

)

(90,097

)

NET ASSETS

150,477

192,796

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

150,467

192,786

150,477

192,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

Mr E Lindsay - Director

Mrs R Lindsay - Director

1.	STATUTORY INFORMATION

Magna Moon Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

and 30 April 2025

22,000

AMORTISATION

At 1 May 2024

17,233

Amortisation for year

2,200

At 30 April 2025

19,433

NET BOOK VALUE

At 30 April 2025

2,567

At 30 April 2024

4,767

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

650,995

Additions

40,007

Disposals

(31,336

)

At 30 April 2025

659,666

DEPRECIATION

At 1 May 2024

176,798

Charge for year

66,061

Eliminated on disposal

(6,529

)

At 30 April 2025

236,330

NET BOOK VALUE

At 30 April 2025

423,336

At 30 April 2024

474,197

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30/4/25

30/4/24

£

£

Mr E Lindsay

Balance outstanding at start of year

(33,259

)

(22,607

)

Amounts advanced

26,128

23,348

Amounts repaid

(22,800

)

(34,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(29,931

)

(33,259

)

Mrs R Lindsay

Balance outstanding at start of year

(33,259

)

(22,607

)

Amounts advanced

26,128

23,348

Amounts repaid

(22,800

)

(34,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(29,931

)

(33,259

)

7.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr and Mrs Lindsay throughout the period.

Mr & Mrs Lindsay are considered to be the Ultimate Controlling Party.