ACCOUNTS - Final Accounts preparation

Registered number: 02634608

ANIMAGIC LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

ANIMAGIC LIMITED

REGISTERED NUMBER: 02634608

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		10,246		9,944
Current assets
Debtors: amounts falling due within one year	5	12,509		18,090
Cash at bank and in hand		5,875		24,388
		18,384		42,478
Creditors: amounts falling due within one year	6	(18,944)		(45,670)
Net current liabilities			(560)		(3,192)

Net assets			9,686		6,752

Capital and reserves
Called up share capital	7	10,000	10,000
Profit and loss account		(314)	(3,248)
		9,686	6,752

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Denis J Russo

Director

Date: 23 September 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1

ANIMAGIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Animagic Limited is a private company, limited by shares, and incorporated in England and Wales. The address of its registered office is 11 Sion Road, Twickenham, TW1 3DR.

The company's functional and presentation currency is Pounds Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operation for the foreseeable future. One of the company’s directors, who is also the principal creditor, has confirmed that he will continue to provide financial support to the company, whether by deferring the amounts due to him or otherwise.

In view of the above, the directors are satisfied that the company will have sufficient resources to enable it to continue in operation for a period of at least twelve months from the date of approval of these financial statements, and therefore it is appropriate to prepare the financial statements on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

ANIMAGIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Motor vehicles	-	25%	reducing balance
Fixtures and fittings	-	15%	reducing balance
Computer equipment	-	25%	reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price.

Page 3

ANIMAGIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

4.	Tangible fixed assets

	Motor vehicles	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 January 2025	3,669	36,431	7,730	47,830
Additions	-	1,968	2,139	4,107
Disposals	-	(13,645)	-	(13,645)
At 31 December 2025	3,669	24,754	9,869	38,292
Depreciation
At 1 January 2025	3,550	29,944	4,392	37,886
Charge for the year on owned assets	30	787	1,027	1,844
Disposals	-	(11,684)	-	(11,684)
At 31 December 2025	3,580	19,047	5,419	28,046
Net book value
At 31 December 2025	89	5,707	4,450	10,246
At 31 December 2024	119	6,487	3,338	9,944

Page 4

ANIMAGIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	9,563	8,758
Other debtors	-	6,187
Prepayments and accrued income	2,946	3,145
	12,509	18,090

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	117	54
Corporation tax	1,153	2,217
Other taxation and social security	4,021	3,556
Other creditors	9,361	19,399
Accruals and deferred income	4,292	20,444
	18,944	45,670

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

10,000 Ordinary shares of £1 each	10,000	10,000

8.	Related party transactions
	At the balance sheet date, the balance due to the directors was £9,361 (2024 - £19,399).

Page 5