Company Registration No. 11443792 (England and Wales)
MAGIC FINISH LIMITED
Unaudited accounts
for the year ended 31 July 2025
MAGIC FINISH LIMITED
Unaudited accounts
Contents
MAGIC FINISH LIMITED
Company Information
for the year ended 31 July 2025
Company Number
11443792 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
Baltic Accountancy Services Limited
Suite 13
218 Tollgate Road
London
E6 5YA
MAGIC FINISH LIMITED
Statement of financial position
as at 31 July 2025
Tangible assets
9,611
12,278
Cash at bank and in hand
430
112,182
Creditors: amounts falling due within one year
(10,325)
4,018
Net current assets
190,562
306,729
Total assets less current liabilities
200,173
319,007
Creditors: amounts falling due after more than one year
(61,848)
(92,200)
Net assets
138,325
226,807
Called up share capital
1
1
Profit and loss account
138,324
226,806
Shareholders' funds
138,325
226,807
For the year ending 31 July 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.
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 28 July 2026 and were signed on its behalf by
Mr EugenZAVOIANU
Director
Company Registration No. 11443792
MAGIC FINISH LIMITED
Notes to the Accounts
for the year ended 31 July 2025
MAGIC FINISH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11443792. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
Depreciation is calculated at 25% on a straight line basis
Computer equipment
Depreciation is calculated at 25% on a straight line basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
1,527
19,500
1,790
6,414
29,231
Additions
-
-
2,017
-
2,017
At 31 July 2025
1,527
19,500
3,807
6,414
31,248
At 1 August 2024
602
12,000
635
3,716
16,953
Charge for the year
301
2,500
895
988
4,684
At 31 July 2025
903
14,500
1,530
4,704
21,637
At 31 July 2025
624
5,000
2,277
1,710
9,611
At 31 July 2024
925
7,500
1,155
2,698
12,278
MAGIC FINISH LIMITED
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
62,215
50,615
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
(3,730)
4,495
Trade creditors
-
(20,016)
Taxes and social security
9,925
11,503
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
2,560
2,560
Taxes and social security
48,854
70,536
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).