The Magic Transfer Company (G.B.) Limited

The Magic Transfer Company (G.B.) Limited
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	4	554,042	578,861
		554,042	578,861
Current assets
Stocks		764,329	792,954
Debtors		262,710	316,642
Cash at bank and in hand		249,230	1,608,516
		1,276,269	2,718,112
Creditors: amount falling due within one year		(440,067)	(734,819)
Net current assets		836,202	1,983,293

Total assets less current liabilities		1,390,244	2,562,154
Creditors: amount falling due after more than one year		0	(8,306)
Net assets		1,390,244	2,553,848

Capital and reserves
Called up share capital	5	2	2
Revaluation Reserves		351,287	351,287
Profit and loss account		1,038,955	2,202,559
Shareholders' funds		1,390,244	2,553,848

For the year ended 31 May 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 16 July 2026 and were signed on its behalf by:

-------------------------------
James Nicol
Director

The Magic Transfer Company (G.B.) Limited
Notes to the Abridged Financial Statements
For the year ended 31 May 2026

General Information

The Magic Transfer Company (G.B.) Limited is a private company, limited by shares, registered in England and Wales, registration number 02699075, registration address Unit 25 Apex Business Centre, Boscombe Road, Dunstable, LU5 4SB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10years.
The goodwill has been fully amortised and has now been removed from the balance sheet.

2.	Average number of employees Average number of employees during the year was 22 (2025 : 23).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 June 2025	16,500	16,500
Additions	-	-
Disposals	(16,500)	(16,500)
At 31 May 2026	-	-
Amortisation
At 01 June 2025	16,500	16,500
Charge for year	-	-
On disposals	(16,500)	(16,500)
At 31 May 2026	-	-
Net book values
At 31 May 2026	-	-
At 31 May 2025	-	-

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 June 2025	559,170	234,676	262,566	163,621	1,220,033
Additions	-	4,300	-	5,205	9,505
Disposals	-	(25,864)	-	-	(25,864)
At 31 May 2026	559,170	213,112	262,566	168,826	1,203,674
Depreciation
At 01 June 2025	77,358	164,797	251,626	147,391	641,172
Charge for year	4,474	17,010	2,735	3,967	28,186
On disposals	-	(19,726)	-	-	(19,726)
At 31 May 2026	81,832	162,081	254,361	151,358	649,632
Net book values
Closing balance as at 31 May 2026	477,338	51,031	8,205	17,468	554,042
Opening balance as at 01 June 2025	481,812	69,879	10,940	16,230	578,861

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
2 Class A shares of £1.00 each	2		2
	2		2

6.	Controlling Parties On 25th November 2025 the company was acquired by The Magic Transfer Company Trustees Ltd for the benefit of the current and future employees of the company,

Registered Number: 02699075
England and Wales
THE MAGIC TRANSFER COMPANY (G.B.) LIMITED

Abridged Accounts

Period of accounts Start date: 01 June 2025 End date: 31 May 2026