Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 2025-05-31 false true No description of principal activity 1 false 2024-06-01 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10760759 2024-06-01 2025-05-31 10760759 2023-06-01 2024-05-31 10760759 2025-05-31 10760759 2024-05-31 10760759 c:Director1 2024-06-01 2025-05-31 10760759 d:CurrentFinancialInstruments 2025-05-31 10760759 d:CurrentFinancialInstruments 2024-05-31 10760759 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 10760759 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10760759 d:ShareCapital 2025-05-31 10760759 d:ShareCapital 2024-05-31 10760759 d:RetainedEarningsAccumulatedLosses 2025-05-31 10760759 d:RetainedEarningsAccumulatedLosses 2024-05-31 10760759 c:OrdinaryShareClass1 2024-06-01 2025-05-31 10760759 c:OrdinaryShareClass1 2025-05-31 10760759 c:OrdinaryShareClass1 2024-05-31 10760759 c:FRS102 2024-06-01 2025-05-31 10760759 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10760759 c:FullAccounts 2024-06-01 2025-05-31 10760759 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10760759 e:PoundSterling 2024-06-01 2025-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10760759 MAGIC AND LAW LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MAY 2025
MAGIC AND LAW LIMITED REGISTERED NUMBER: 10760759 BALANCE SHEET AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 560 |  | 834 |
Cash at bank and in hand |  | 914 |  | 317 |
|  | 1,474 |  | 1,151 |
Creditors: amounts falling due within one year | 5 | (14,311) |  | (11,626) |
Net current liabilities |  |  | (12,837) |  | (10,475)
Total assets less current liabilities |  |  | (12,837) |  | (10,475)
Net liabilities |  |  | (12,837) |  | (10,475)
Capital and reserves |  |  |  |  |
Called up share capital | 6 |  | 100 |  | 100
Profit and loss account |  |  | (12,937) |  | (10,575)
|  |  | (12,837) |  | (10,475)
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MAGIC AND LAW LIMITED REGISTERED NUMBER: 10760759 BALANCE SHEET (CONTINUED) AS AT 31 MAY 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 February 2026.
Arvinder Singh Sagoo
Director
The notes on pages 3 to 5 form part of these financial statements. Page 2
MAGIC AND LAW LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 10760759. The Company's registered office is Sterling House 71 Francis Road, Edgbaston, Birmingham, West Midlands, United Kingdom, B16 8SP. The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. Cash flow Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
MAGIC AND LAW LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.5 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.6 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
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MAGIC AND LAW LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 560 | 834
|  | 560 | 834
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other taxation and social security | 76 | -
| Other creditors | 13,575 | 10,966
| Accruals and deferred income | 660 | 660
|  | 14,311 | 11,626
6. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2024 - 1) Ordinary shares share of £100.0 | 100 | 100
7. | Transactions with directors
As at the balance sheet date £12,781 (2024: £10,966) was due to the director. The loan is interest free and repayable on demand.
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