1 January 2025 false No description of principal activity Taxfiler 2024.6 12530826business:PrivateLimitedCompanyLtd2025-01-012025-12-31 125308262024-12-31 125308262025-01-012025-12-31 12530826business:AuditExempt-NoAccountantsReport2025-01-012025-12-31 12530826business:AbridgedAccounts2025-01-012025-12-31 125308262025-12-31 12530826business:Director12025-01-012025-12-31 125308262024-12-31 12530826core:WithinOneYear2025-12-31 12530826core:WithinOneYear2024-12-31 12530826core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 12530826core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12530826core:PreviouslyStatedAmount2025-12-31 12530826core:PreviouslyStatedAmount2024-12-31 12530826business:SmallEntities2025-01-012025-12-31 12530826countries:EnglandWales2025-01-012025-12-31 125308262024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12530826 (England and Wales)
Magirex Ltd Unaudited accounts for the year ended 31 December 2025
Magirex Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Magirex Ltd Company Information for the year ended 31 December 2025
Director
Mohsin Ali KAMRAN
Company Number
12530826 (England and Wales)
- 3 -
Magirex Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Called up share capital not paid
(100)
(100)
Fixed assets
Tangible assets
4
10,780 
13,146 
Current assets
Debtors
- 
2,491 
Cash at bank and in hand
757 
589 
757 
3,080 
Creditors: amounts falling due within one year
(9,136)
(10,872)
Net current liabilities
(8,379)
(7,792)
Net assets
2,301 
5,254 
Capital and reserves
Profit and loss account
2,301 
5,254 
Shareholders' funds
2,301 
5,254 
For the year ending 31 December 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 4 June 2026 and were signed on its behalf by
Mohsin Ali KAMRAN Director Company Registration No. 12530826
- 4 -
Magirex Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Magirex Ltd is a private company, limited by shares, registered in England and Wales, registration number 12530826.
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2025
23,150 
At 31 December 2025
23,150 
Depreciation
At 1 January 2025
10,004 
Charge for the year
2,366 
At 31 December 2025
12,370 
Net book value
At 31 December 2025
10,780 
At 31 December 2024
13,146 
5
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 5 -