MAGS ON RAMPS C.I.C.

Company Registration Number:
07980333 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

MAGS ON RAMPS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2026

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MAGS ON RAMPS C.I.C.

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Directors

The directors shown below have held office during the whole of the period from
1 April 2025 to 31 March 2026

Sharon Magson
Suzy Mundy
Claire Biddlecombe


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 May 2026

And signed on behalf of the board by:
Name: Sharon Magson
Status: Director

MAGS ON RAMPS C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2026

2026 2025


£

£
Turnover: 118,183 90,375
Cost of sales: ( 5,044 ) ( 7,828 )
Gross profit(or loss): 113,139 82,547
Administrative expenses: ( 113,988 ) ( 105,761 )
Other operating income: 10,394 11,130
Operating profit(or loss): 9,545 (12,084)
Profit(or loss) before tax: 9,545 (12,084)
Tax: ( 296 )
Profit(or loss) for the financial year: 9,249 (12,084)

MAGS ON RAMPS C.I.C.

Balance sheet

As at 31 March 2026

Notes 2026 2025


£

£
Fixed assets
Tangible assets: 3 12,353 15,440
Total fixed assets: 12,353 15,440
Current assets
Stocks: 4 10,250 9,250
Debtors: 5 1,875 2,635
Cash at bank and in hand: 8,189
Total current assets: 20,314 11,885
Creditors: amounts falling due within one year: 6 ( 107,115 ) ( 111,022 )
Net current assets (liabilities): (86,801) (99,137)
Total assets less current liabilities: (74,448) ( 83,697)
Creditors: amounts falling due after more than one year: 7 ( 180,000 ) ( 180,000 )
Total net assets (liabilities): (254,448) (263,697)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (254,450 ) (263,699 )
Total Shareholders' funds: ( 254,448 ) (263,697)

The notes form part of these financial statements

MAGS ON RAMPS C.I.C.

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 25 May 2026
and signed on behalf of the board by:

Name: Sharon Magson
Status: Director

The notes form part of these financial statements

MAGS ON RAMPS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAGS ON RAMPS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 6 6

MAGS ON RAMPS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2025 133,442 7,585 141,027
Additions
Disposals
Revaluations
Transfers
At 31 March 2026 133,442 7,585 141,027
Depreciation
At 1 April 2025 118,420 7,167 125,587
Charge for year 3,004 83 3,087
On disposals
Other adjustments
At 31 March 2026 121,424 7,250 128,674
Net book value
At 31 March 2026 12,018 335 12,353
At 31 March 2025 15,022 418 15,440

MAGS ON RAMPS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Stocks

2026 2025
£ £
Stocks 10,250 9,250
Total 10,250 9,250

MAGS ON RAMPS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Debtors

2026 2025
£ £
Trade debtors 1,875 2,635
Total 1,875 2,635

MAGS ON RAMPS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

6. Creditors: amounts falling due within one year note

2026 2025
£ £
Bank loans and overdrafts 442
Trade creditors 7,379 9,296
Taxation and social security 296 439
Accruals and deferred income 720 720
Other creditors 98,720 100,125
Total 107,115 111,022

MAGS ON RAMPS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2026

7. Creditors: amounts falling due after more than one year note

2026 2025
£ £
Other creditors 180,000 180,000
Total 180,000 180,000

COMMUNITY INTEREST ANNUAL REPORT

MAGS ON RAMPS C.I.C.

Company Number: 07980333 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

The community have benefited from the skatepark activities by providing a safe and inclusive space for young people to be active once again this year. This in turn, improves their physical and mental health, also encouraging positive social interaction and reducing anti social behaviour and fostering a sense of community pride and engagement.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £4,800 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 May 2026

And signed on behalf of the board by:
Name: Sharon Magson
Status: Director