Registration number: 15935581

Magmoomer Limited

trading as Dream Doors Sailsbury

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Magmoomer Limited

trading as Dream Doors Sailsbury

(Registration number: 15935581)
Balance Sheet as at 30 September 2025

	Note	2025 £
Fixed assets
Intangible assets	4	18,480
Tangible assets	5	28,171
		46,651
Current assets
Stocks	6	8,760
Debtors	7	21,810
Cash at bank and in hand		29,755
		60,325
Creditors: Amounts falling due within one year	8	(148,250)
Net current liabilities		(87,925)
Total assets less current liabilities		(41,274)
Creditors: Amounts falling due after more than one year	8	(49,666)
Provisions for liabilities		(7,043)
Net liabilities		(97,983)
Capital and reserves
Called up share capital		1
Retained earnings		(97,984)
Shareholders' deficit		(97,983)

For the financial period ending 30 September 2025 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 period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Magmoomer Limited

trading as Dream Doors Sailsbury

(Registration number: 15935581)
Balance Sheet as at 30 September 2025

Approved and authorised by the director on 14 May 2026
 

......................................... Mr I Oxley Director

Magmoomer Limited

trading as Dream Doors Sailsbury

Notes to the Unaudited Financial Statements for the Period from 4 September 2024 to 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Windover House
St. Ann Street
Salisbury
SP1 2DR
England

These financial statements were authorised for issue by the director on 14 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance
from the shareholders that they will continue to give financial support to the company for twelve months from
the date of signing these accounts.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However,
should the financial support mentioned above may not be forthcoming, the going concern basis used in
preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of
assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not
include any adjustments to the company's assets or liabilities that might be necessary should this basis not
continue to be appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of serices in the ordinary course of the the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue from the sale of goods and provision of services at the point the products are installed and associated service delivered.

Magmoomer Limited

trading as Dream Doors Sailsbury

Notes to the Unaudited Financial Statements for the Period from 4 September 2024 to 30 September 2025

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture & Fittings	20% Straight Line
Office equipment	15% Straight Line
Plant & Machinery	15% Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Franchise fee	20% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Magmoomer Limited

trading as Dream Doors Sailsbury

Notes to the Unaudited Financial Statements for the Period from 4 September 2024 to 30 September 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Magmoomer Limited

trading as Dream Doors Sailsbury

Notes to the Unaudited Financial Statements for the Period from 4 September 2024 to 30 September 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2.

Magmoomer Limited

trading as Dream Doors Sailsbury

Notes to the Unaudited Financial Statements for the Period from 4 September 2024 to 30 September 2025

4	Intangible assets

	Franchise Fee  £	Total £
Cost or valuation
Additions acquired separately	23,100	23,100
At 30 September 2025	23,100	23,100
Amortisation
Amortisation charge	4,620	4,620
At 30 September 2025	4,620	4,620
Carrying amount
At 30 September 2025	18,480	18,480

5	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
Additions	35,007	182	35,189
At 30 September 2025	35,007	182	35,189
Depreciation
Charge for the period	6,991	27	7,018
At 30 September 2025	6,991	27	7,018
Carrying amount
At 30 September 2025	28,016	155	28,171

6

Stocks

	2025 £
Work in progress	8,110
Other inventories	650
	8,760

Magmoomer Limited

trading as Dream Doors Sailsbury

Notes to the Unaudited Financial Statements for the Period from 4 September 2024 to 30 September 2025

7

Debtors

Current	2025 £
Trade debtors	1,710
Prepayments	12,900
Other debtors	7,200
	21,810

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Loans and borrowings	9	20,887
Trade creditors		11,788
Taxation and social security		8,235
Accruals and deferred income		17,623
Other creditors		89,717
		148,250

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £20,887 ( 2024- £0 ).

Creditors: amounts falling due after more than one year

	Note	2025 £
Due after one year
Loans and borrowings	9	49,666

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £49,666 ( 2024- £0).

Magmoomer Limited

trading as Dream Doors Sailsbury

Notes to the Unaudited Financial Statements for the Period from 4 September 2024 to 30 September 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £
Bank borrowings	49,666

Current loans and borrowings

	2025 £
Bank borrowings	20,887