REGISTERED NUMBER: 02784962 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MAGIC ACTION PROMOTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A E Foody

A Lumby

D A Preston

O P Rose

K Maven

Ms J E Durdy

SECRETARY:

D A Preston

REGISTERED OFFICE:

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

REGISTERED NUMBER:

02784962 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

FIXED ASSETS

Tangible assets

4

6,277

7,307

CURRENT ASSETS

Debtors

5

31,640

14,394

Cash at bank and in hand

262,635

134,814

294,275

149,208

CREDITORS

Amounts falling due within one year

6

254,809

103,868

NET CURRENT ASSETS

39,466

45,340

TOTAL ASSETS LESS CURRENT LIABILITIES

45,743

52,647

CREDITORS

Amounts falling due after more than one year

7

25,825

30,093

NET ASSETS

19,918

22,554

CAPITAL AND RESERVES

Called up share capital

17

17

Retained earnings

19,901

22,537

SHAREHOLDERS' FUNDS

19,918

22,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by:

A E Foody - Director

A Lumby - Director

D A Preston - Director

O P Rose - Director

K Maven - Director

Ms J E Durdy - Director

1.	STATUTORY INFORMATION

Magic Action Promotions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and equipment

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

16,107

10,000

1,876

27,983

Additions

1,558

-

-

1,558

At 31 December 2025

17,665

10,000

1,876

29,541

DEPRECIATION

At 1 January 2025

13,728

5,781

1,167

20,676

Charge for year

1,299

1,055

234

2,588

At 31 December 2025

15,027

6,836

1,401

23,264

NET BOOK VALUE

At 31 December 2025

2,638

3,164

475

6,277

At 31 December 2024

2,379

4,219

709

7,307

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

19,743

4,459

Other debtors

11,897

9,935

31,640

14,394

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

143,037

72,247

Taxation and social security

2,381

-

Other creditors

109,391

31,621

254,809

103,868

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

25,825

30,093