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Company Registration No. 15301311 (England and Wales)
Magic Heating Limited Unaudited accounts for the period from 21 November 2023 to 30 November 2024
Magic Heating Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Magic Heating Limited Company Information for the period from 21 November 2023 to 30 November 2024
Director
Michael Evans
Company Number
15301311 (England and Wales)
Registered Office
Heathfield Stables & Stud Manor House Lane Higher Heath Whitchurch Shropshire SY13 2HS England
Accountants
Pendragon Business Consultants Llp ASCOT HOUSE 246 COURT OAK ROAD HARBORNE BIRMINGHAM B32 2EG
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Magic Heating Limited Statement of financial position as at 30 November 2024
2024
Notes
£
Fixed assets
Tangible assets
4
5,352
Investments
5
4,600
9,952
Current assets
Cash at bank and in hand
131,461
Creditors: amounts falling due within one year
6
(72,332)
Net current assets
59,129
Net assets
69,081
Capital and reserves
Called up share capital
1
Profit and loss account
69,080
Shareholders' funds
69,081
For the period ending 30 November 2024 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 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 August 2025 and were signed on its behalf by
Michael Evans Director Company Registration No. 15301311
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Magic Heating Limited Notes to the Accounts for the period from 21 November 2023 to 30 November 2024
1
Statutory information
Magic Heating Limited is a private company, limited by shares, registered in England and Wales, registration number 15301311. The registered office is Heathfield Stables & Stud, Manor House Lane, Higher Heath, Whitchurch, Shropshire, SY13 2HS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 21 November 2023
-
Additions
5,352
At 30 November 2024
5,352
Depreciation
At 30 November 2024
-
Net book value
At 30 November 2024
5,352
5
Investments
Other investments
£
Valuation at 21 November 2023
-
Additions
4,600
Valuation at 30 November 2024
4,600
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Magic Heating Limited Notes to the Accounts for the period from 21 November 2023 to 30 November 2024
6
Creditors: amounts falling due within one year
2024
£
VAT
29,078
Trade creditors
50,472
Taxes and social security
2,569
Other creditors
15,715
Loans from directors
(25,253)
Accruals
(249)
72,332
7
Average number of employees
During the period the average number of employees was 4.
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