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Company Registration No. 14378712 (England and Wales)
Praddtical Magic Ltd Unaudited accounts for the year ended 30 September 2025
Praddtical Magic Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Praddtical Magic Ltd Company Information for the year ended 30 September 2025
Director
Hana Conevska
Company Number
14378712 (England and Wales)
Registered Office
A6 Moorfield Road Wolverhampton WV2 4QT United Kingdom
Accountants
William Klien Accountants 20-22 Wenlock Road London N1 7GU
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Praddtical Magic Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
6,698
6,698
Current assets
Debtors
5
2,600
2,600
Creditors: amounts falling due within one year
6
(296)
(296)
Net current assets
2,304
2,304
Total assets less current liabilities
9,002
9,002
Creditors: amounts falling due after more than one year
7
(940)
(940)
Net assets
8,062
8,062
Capital and reserves
Called up share capital
100
100
Profit and loss account
7,962
7,962
Shareholders' funds
8,062
8,062
For the year ending 30 September 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 her 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 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 10 June 2026 and were signed on its behalf by
Hana Conevska Director Company Registration No. 14378712
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Praddtical Magic Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Praddtical Magic Ltd is a private company, limited by shares, registered in England and Wales, registration number 14378712. The registered office is A6 Moorfield Road, Wolverhampton, WV2 4QT, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% reducing balance
Computer equipment
10% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
3,748
2,950
6,698
At 30 September 2025
3,748
2,950
6,698
Depreciation
At 30 September 2025
-
-
-
Net book value
At 30 September 2025
3,748
2,950
6,698
At 30 September 2024
3,748
2,950
6,698
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
2,600
2,600
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Praddtical Magic Ltd Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
296
296
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
940
940
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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