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Registration number: 05842945

Blackpool Magicians Club Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2026

Blackpool Magicians Club Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3 to 4
Notes to the Unaudited Financial Statements | 5 to 8

Blackpool Magicians Club Limited

Company Information

Directors | Mr R K Brown Mr G M F Shepherd Mr D Plant Mr A Horne Mr R Stevens Mr C Stickland Mrs Jessica Giselle Guglielmetti Mr M Brennan

Company secretary | Mrs Jessica Giselle Guglielmetti

Registered office | 56-60 Caunce Street Blackpool England FY1 3LE

Accountants | Crossley & Davis Xeinadin Blackpool Limited Ground Floor, Seneca House Links Point, Amy Johnson Way Blackpool Lancashire FY4 2FF

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Blackpool Magicians Club Limited
for the Year Ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Blackpool Magicians Club Limited for the year ended 31 March 2026 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a firm regulated by the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Blackpool Magicians Club Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Blackpool Magicians Club Limited and state those matters that we have agreed to state to the Board of Directors of Blackpool Magicians Club Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blackpool Magicians Club Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Blackpool Magicians Club Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Blackpool Magicians Club Limited. You consider that Blackpool Magicians Club Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Blackpool Magicians Club Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Crossley & Davis
Xeinadin Blackpool Limited
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

28 May 2026

Blackpool Magicians Club Limited

(Registration number: 05842945)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 89,405 | 87,110
Current assets |  |  |
Stocks | 5 | 4,031 | 5,246
Debtors | 6 | 31,248 | 49,205
Cash at bank and in hand |  | 431,170 | 239,966
|  | 466,449 | 294,417
Creditors: Amounts falling due within one year | 7 | (53,575) | (22,856)
Net current assets |  | 412,874 | 271,561
Total assets less current liabilities |  | 502,279 | 358,671
Provisions for liabilities |  | (2,325) | (1,767)
Net assets |  | 499,954 | 356,904
Capital and reserves |  |  |
Called up share capital | 8 | 56 | 56
Retained earnings |  | 499,898 | 356,848
Shareholders' funds |  | 499,954 | 356,904

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
• | The directors acknowledge their 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 and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Blackpool Magicians Club Limited

(Registration number: 05842945)
Balance Sheet as at 31 March 2026

Approved and authorised by the Board on 28 May 2026 and signed on its behalf by:

......................................... Mr G M F Shepherd Director

Blackpool Magicians Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1 | General information

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

The address of its registered office is:
56-60 Caunce Street
Blackpool
FY1 3LE
England

These financial statements were authorised for issue by the Board on 28 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Blackpool Magicians Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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
Freehold Property | 2% Straight Line
Fixtures & Fittings | 20% reducing balance
Software | 3 years 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.

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.

Blackpool Magicians Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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.

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 directors) during the year, was 0 (2025 - 0).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Other property, plant and equipment £ | Total £
Cost or valuation
At 1 April 2025 | 99,053 | 60,229 | 7,150 | 166,432
Additions | - | 6,790 | - | 6,790
At 31 March 2026 | 99,053 | 67,019 | 7,150 | 173,222
Depreciation
At 1 April 2025 | 21,242 | 50,930 | 7,150 | 79,322
Charge for the year | 1,981 | 2,514 | - | 4,495
At 31 March 2026 | 23,223 | 53,444 | 7,150 | 83,817
Carrying amount
At 31 March 2026 | 75,830 | 13,575 | - | 89,405
At 31 March 2025 | 77,811 | 9,299 | - | 87,110

Included within the net book value of land and buildings above is £75,830 (2025 - £77,811) in respect of freehold land and buildings.

Blackpool Magicians Club Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5 | Stocks

| 2026 £ | 2025 £
Other inventories | 4,031 | 5,246

6 | Debtors

Current | 2026 £ | 2025 £
Prepayments | 4,427 | 14,140
Other debtors | 26,821 | 35,065
| 31,248 | 49,205

7 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | - | 8,321
Taxation and social security | 45,847 | 6,982
Accruals and deferred income | 7,728 | 7,553
| 53,575 | 22,856

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 56 | 56 | 56 | 56