Company registration number:
08626266
Magicka School Limited
Unaudited filleted financial statements
For the year ended
31 July 2025
Magicka School Limited
Statement of financial position
31 July 2025
|
|
|
2025 |
|
2024 |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
9,202 |
|
9,202 |
|
|
|
|
|
________ |
|
________ |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
18,686 |
|
23,134 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
11,158) |
|
(
10,882) |
|
|
|
|
|
________ |
|
________ |
|
|
|
|
|
|
|
|
|
|
|
Net current assets |
|
|
7,528 |
|
12,252 |
|
|
|
|
|
________ |
|
________ |
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|
|
|
|
|
|
|
|
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Total assets less current liabilities |
|
|
16,730 |
|
21,454 |
|
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
(
768) |
|
(
690) |
|
|
|
|
|
|
|
|
|
|
|
|
|
________ |
|
________ |
|
|
|
Net assets |
|
|
15,962 |
|
20,764 |
|
|
|
|
|
________ |
|
________ |
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|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
15,962 |
|
20,764 |
|
|
|
|
|
________ |
|
________ |
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Magicka School Limited
Year ended 31 July 2025
1.
Basis of preparation
The financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro- entities Regime.
2.
Directors advances, credits and guarantees
During the year the company made advances to Mrs B Katz, a director, totalling £4,216(2024 - £4, 551) £. Repayments of £9,184 were made by 31 July 2025 and so the balance outstanding at the year end, 31 July 2025, was £9,236 (2024 - £14,204). Where applicable interest is charged at the HMRC approved rate of 2.25% to 5 April 2025 and 3.75% thereafter. All loans are repayable on demand.
3.
Company information
The company is registered in England and its registered number is
08626266
. The company is a private company limited by shares. Its registered office is 1 Wood Cottage, Keswick, CA12 4NT.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
23 April 2026
, and are signed on behalf of the board by:
Mr M Katz
Director
Company registration number:
08626266