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Company Registration No. 11533812 (England and Wales)
MAGIC HELPING HANDS LIMITED Unaudited accounts for the year ended 31 August 2025
MAGIC HELPING HANDS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MAGIC HELPING HANDS LIMITED Company Information for the year ended 31 August 2025
Director
Yema Akinwande
Company Number
11533812 (England and Wales)
Registered Office
4TH FLOOR VICTORIA HOUSE VICTORIA ROAD CHELMSFORD CM1 1JR UNITED KINGDOM
Accountants
Akusika Business Services Ltd Sapphire House 116 Station Road Chinnor Oxon OX39 4QG
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MAGIC HELPING HANDS LIMITED Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
374,854
288,608
Cash at bank and in hand
615,953
549,020
990,807
837,628
Creditors: amounts falling due within one year
6
(159,746)
(209,555)
Net current assets
831,061
628,073
Total assets less current liabilities
831,061
628,073
Creditors: amounts falling due after more than one year
7
(241,289)
(205,000)
Net assets
589,772
423,073
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
589,672
422,973
Shareholders' funds
589,772
423,073
For the year ending 31 August 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 director acknowledges her 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 5 January 2026 and were signed on its behalf by
Yema Akinwande Director Company Registration No. 11533812
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MAGIC HELPING HANDS LIMITED Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
MAGIC HELPING HANDS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11533812. The registered office is 4TH FLOOR VICTORIA HOUSE, VICTORIA ROAD, CHELMSFORD, CM1 1JR, UNITED KINGDOM.
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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Principal Activities
The Principal activity of the company is in home care services. Activities of households as employers of domestic personnel.
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:
Plant & machinery
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 September 2024
2,144
At 31 August 2025
2,144
Depreciation
At 1 September 2024
2,144
At 31 August 2025
2,144
Net book value
At 31 August 2025
-
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MAGIC HELPING HANDS LIMITED Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
374,854
288,608
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
30,296
37,440
Trade creditors
3,281
58,541
Taxes and social security
94,605
86,494
Other creditors
7,144
2,660
Loans from directors
24,420
24,420
159,746
209,555
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
241,289
205,000
Government Loans
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 84 (2024: 72).
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