Magenta Sky Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 10325393

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Cash at bank and in hand		1		41

		1		41
Creditors: Amounts Falling Due Within One Year	6	(5,061 )		(4,020 )

NET CURRENT ASSETS (LIABILITIES)			(5,060 )		(3,979 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(5,060 )		(3,979 )

NET LIABILITIES			(5,060 )		(3,979 )

CAPITAL AND RESERVES
Called up share capital			100		100
Income Statement			(5,160 )		(4,079 )

SHAREHOLDERS' FUNDS			(5,060)		(3,979)

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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr A Chowdhury

Director

29/05/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Magenta Sky Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10325393 . The registered office is Office M-05, Millharbour Court, 6 Watergate Walk, London, E14 9XH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33.33% straight line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 September 2024	724

As at 31 August 2025	724

Depreciation
As at 1 September 2024	724

As at 31 August 2025	724

Net Book Value
As at 31 August 2025	-

As at 1 September 2024	-

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Magenta Sky Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Debtors

	2025	2024
	£	£
Due within one year

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	5,061	4,020

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