13 January 2025 false No description of principal activity Taxfiler 2024.6 16179129business:PrivateLimitedCompanyLtd2025-01-132026-01-31 161791292025-01-12 161791292025-01-132026-01-31 16179129business:AuditExempt-NoAccountantsReport2025-01-132026-01-31 16179129business:FilletedAccounts2025-01-132026-01-31 161791292026-01-31 16179129business:Director12025-01-132026-01-31 16179129business:CompanySecretary12025-01-132026-01-31 16179129business:RegisteredOffice2025-01-132026-01-31 16179129core:WithinOneYear2026-01-31 16179129core:AfterOneYear2026-01-31 16179129core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-01-31 16179129core:PreviouslyStatedAmount2026-01-31 16179129business:SmallEntities2025-01-132026-01-31 16179129countries:EnglandWales2025-01-132026-01-31 iso4217:GBP xbrli:pure
Company Registration No. 16179129 (England and Wales)
Magma Security Solutions Ltd Unaudited accounts for the period from 13 January 2025 to 31 January 2026
Magma Security Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Magma Security Solutions Ltd Company Information for the period from 13 January 2025 to 31 January 2026
Director
Mark Lopez
Secretary
Gillian Lopez
Company Number
16179129 (England and Wales)
Registered Office
35 Berkely Square Mayfair W1J 5BF United Kingdom
Accountants
Balanced Books Accountancy Services Ltd Unit 27 Pages Park Ind. Estate Eden Way Leighton Buzzard Beds LU7 4TZ
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Magma Security Solutions Ltd Statement of financial position as at 31 January 2026
2026 
Notes
£ 
Current assets
Debtors
4
256,351 
Cash at bank and in hand
43,978 
300,329 
Creditors: amounts falling due within one year
5
(68,853)
Net current assets
231,476 
Total assets less current liabilities
231,476 
Creditors: amounts falling due after more than one year
6
(259,000)
Net liabilities
(27,524)
Capital and reserves
Profit and loss account
(27,524)
Shareholders' funds
(27,524)
For the period ending 31 January 2026 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 13 May 2026 and were signed on its behalf by
Mark Lopez Director Company Registration No. 16179129
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Magma Security Solutions Ltd Notes to the Accounts for the period from 13 January 2025 to 31 January 2026
1
Statutory information
Magma Security Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 16179129. The registered office is 35 Berkely Square, Mayfair, W1J 5BF, 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 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.
4
Debtors
2026 
£ 
Amounts falling due within one year
VAT
4,313 
Trade debtors
239,981 
Other debtors
11,659 
255,953 
Amounts falling due after more than one year
Other debtors
398 
5
Creditors: amounts falling due within one year
2026 
£ 
Bank loans and overdrafts
67,758 
Other creditors
1,095 
68,853 
6
Creditors: amounts falling due after more than one year
2026 
£ 
Bank loans
259,000 
7
Average number of employees
During the period the average number of employees was 1.
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