Acorah Software Products - Accounts Production 19.2.450 false true false 2 February 2025 28 February 2026 28 February 2026 16228860 Mr Ahmed Imad Mohammed Alsadi Mr Abdallah IMAD MOHAMMED ALSADI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16228860 2025-02-01 16228860 2026-02-28 16228860 2025-02-02 2026-02-28 16228860 frs-core:FurnitureFittings 2026-02-28 16228860 frs-core:FurnitureFittings 2025-02-02 2026-02-28 16228860 frs-core:FurnitureFittings 2025-02-01 16228860 frs-core:PlantMachinery 2026-02-28 16228860 frs-core:PlantMachinery 2025-02-02 2026-02-28 16228860 frs-core:PlantMachinery 2025-02-01 16228860 frs-core:ShareCapital 2026-02-28 16228860 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 16228860 frs-bus:PrivateLimitedCompanyLtd 2025-02-02 2026-02-28 16228860 frs-bus:FilletedAccounts 2025-02-02 2026-02-28 16228860 frs-bus:SmallEntities 2025-02-02 2026-02-28 16228860 frs-bus:AuditExempt-NoAccountantsReport 2025-02-02 2026-02-28 16228860 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-02 2026-02-28 16228860 frs-bus:Director1 2025-02-02 2026-02-28 16228860 frs-bus:Director2 2025-02-02 2026-02-28 16228860 frs-countries:EnglandWales 2025-02-02 2026-02-28
Registered number: 16228860
MAGMA CHOCOLATE LTD
Unaudited Financial Statements
For the Period 2 February 2025 to 28 February 2026
AQ Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 16228860
28 February 2026
Notes £ £
FIXED ASSETS
Tangible Assets 4 29,520
29,520
CURRENT ASSETS
Debtors 5 1,250
Cash at bank and in hand 321
1,571
Creditors: Amounts Falling Due Within One Year 6 (50,350 )
NET CURRENT ASSETS (LIABILITIES) (48,779 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,259 )
NET LIABILITIES (19,259 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (19,359 )
SHAREHOLDERS' FUNDS (19,259)
Page 1
Page 2
For the period ending 28 February 2026 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 Profit and Loss Account.
On behalf of the board
Mr Abdallah IMAD MOHAMMED ALSADI
Director
12/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MAGMA CHOCOLATE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 16228860 . The registered office is 4 Binns Lane, Bradford, BD7 2LZ.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Plant & Machinery 15%
Fixtures & Fittings 15%
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 2 February 2025 - - -
Additions 14,250 20,480 34,730
As at 28 February 2026 14,250 20,480 34,730
Depreciation
As at 2 February 2025 - - -
Provided during the period 2,138 3,072 5,210
As at 28 February 2026 2,138 3,072 5,210
Net Book Value
As at 28 February 2026 12,112 17,408 29,520
As at 2 February 2025 - - -
5. Debtors
28 February 2026
£
Due within one year
Other debtors 1,250
6. Creditors: Amounts Falling Due Within One Year
28 February 2026
£
Other creditors 50,350
7. Share Capital
28 February 2026
£
Allotted, Called up and fully paid 100
Page 4