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Registered Number: 15518746
England and Wales
MAGDA MULTAN HOME LTD
Abridged Accounts
Period of accounts Start date: 01 February 2025 End date: 31 January 2026

MAGDA MULTAN HOME LTD Contents Page For the year ended 31 January 2026
Statement of financial position | 1

MAGDA MULTAN HOME LTD Statement of Financial Position As at 31 January 2026
|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Fixed assets |  |  | 3,616 |  |  | 0
Current assets |  | 17,067 |  |  | 10,904 |
Creditors: amount falling due within one year |  | (5,999) |  |  | (2,752) |
Net current assets |  |  | 11,068 |  |  | 8,152
Total assets less current liabilities |  |  | 14,684 |  |  | 8,152
Provisions for liabilities |  |  | (317) |  |  | (285)
Net assets |  |  | 14,367 |  |  | 7,867
Capital and reserves |  |  | 14,367 |  |  | 7,867
NOTES TO THE ACCOUNTS General Information MAGDA MULTAN HOME LTD is a private company, limited by shares, registered in England and Wales, registration number 15518746, registration address 63 Whitfield Crescent, Shrewsbury, SY3 8FD . The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the company. Going concern basis The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Website cost Planning and operating costs for the company's website are charged to the income statement as incurred. Foreign currencies Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement. Dividends Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment | 3 years Straight Line
2. | Tangible fixed assets
Cost or valuation | Computer Equipment |  | Total
| £ |  | £
At 01 February 2025 | - |  | -
Additions | 5,424 |  | 5,424
Disposals | - |  | -
At 31 January 2026 | 5,424 |  | 5,424
Depreciation
At 01 February 2025 | - |  | -
Charge for year | 1,808 |  | 1,808
On disposals | - |  | -
At 31 January 2026 | 1,808 |  | 1,808
Net book values
Closing balance as at 31 January 2026 | 3,616 |  | 3,616
Opening balance as at 01 February 2025 | - |  | -
3. | Average number of employees Average number of employees during the year was 2 (2025 : 2).
For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's Responsibilities: 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 director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts. The financial statements were approved by the director on 18 May 2026 and were signed by:
-------------------------------- Magdalena Justyna Malinowska-Multan Director
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