Company registration number NI027380 (Northern Ireland)
MAGNA DEVELOPMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MAGNA DEVELOPMENTS LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
31 December 2025
30 April 2025
£
£
£
£
Fixed assets
2,099,611
585,062
Current assets
100,980
182,595
Creditors: amounts falling due within one year
(1,780,233)
(322,900)
Net current liabilities
(1,679,253)
(140,305)
Total assets less current liabilities
420,358
444,757
Net assets
420,358
444,757
Capital and reserves
420,358
444,757
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year wa s as follows:

31 December 2025
30 April 2025
Number
Number
Employees
0
0

Magna Developments Ltd is a private company limited by shares incorporated in Northern Ireland. The registered office is 52 Armagh Road, Newry, Co. Down, Northern Ireland, BT35 6DP.

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

MAGNA DEVELOPMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 16 July 2026 and are signed on its behalf by:
Mr David Crilly
Mr Ciaran Crilly
Director
Director
Company registration number NI027380 (Northern Ireland)
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