1 September 2024 false No description of principal activity Taxfiler 2024.6 13542856 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 13542856 2024-08-31 13542856 2024-09-01 2025-08-31 13542856 business:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 13542856 business:AbridgedAccounts 2024-09-01 2025-08-31 13542856 2025-08-31 13542856 business:Director1 2024-09-01 2025-08-31 13542856 business:RegisteredOffice 2024-09-01 2025-08-31 13542856 2024-08-31 13542856 core:WithinOneYear 2025-08-31 13542856 core:WithinOneYear 2024-08-31 13542856 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 13542856 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 13542856 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 13542856 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 13542856 core:PreviouslyStatedAmount 2025-08-31 13542856 core:PreviouslyStatedAmount 2024-08-31 13542856 business:SmallEntities 2024-09-01 2025-08-31 13542856 countries:EnglandWales 2024-09-01 2025-08-31 13542856 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 13542856 (England and Wales)
Magnetic Trans Ltd Unaudited accounts for the year ended 31 August 2025
Magnetic Trans Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Magnetic Trans Ltd Company Information for the year ended 31 August 2025
Director
POPEK, Pawel Edward
Company Number
13542856 (England and Wales)
Registered Office
9 The Brickyard Lincoln Road Fenton Lincoln Lincolnshire LN1 2EN England
- 3 -
Magnetic Trans Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Current assets
Debtors
1,320
1,440
Cash at bank and in hand
3,388
4,658
4,708
6,098
Creditors: amounts falling due within one year
(4,695)
(4,538)
Net current assets
13
1,560
Net assets
13
1,560
Capital and reserves
Called up share capital
1
1
Profit and loss account
12
1,559
Shareholders' funds
13
1,560
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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 30 April 2026 and were signed on its behalf by
POPEK, Pawel Edward Director Company Registration No. 13542856
- 4 -
Magnetic Trans Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Magnetic Trans Ltd is a private company, limited by shares, registered in England and Wales, registration number 13542856. The registered office is 9 The Brickyard, Lincoln Road, Fenton, Lincoln, Lincolnshire, LN1 2EN, England.
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.
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
Average number of employees
During the year the average number of employees was 3 (2024: 2).
- 5 -