MAGICAL THINKING LIMITED

Company Registration Number:
06061321 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2026

Period of accounts

Start date: 1 February 2025

End date: 31 January 2026

MAGICAL THINKING LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MAGICAL THINKING LIMITED

Profit And Loss Account

for the Period Ended 31 January 2026

2026 2025


£
£
Turnover: 36,337 49,757
Gross profit(or loss): 36,337 49,757
Administrative expenses: ( 11,623 ) ( 17,081 )
Operating profit(or loss): 24,714 32,676
Profit(or loss) before tax: 24,714 32,676
Tax: ( 4,683 ) ( 6,208 )
Profit(or loss) for the financial year: 20,031 26,468

MAGICAL THINKING LIMITED

Balance sheet

As at 31 January 2026

Notes 2026 2025


£
£
Current assets
Debtors: 3 5,400
Cash at bank and in hand: 351 6,377
Total current assets: 351 11,777
Net current assets (liabilities): 351 11,777
Total assets less current liabilities: 351 11,777
Creditors: amounts falling due after more than one year: 4 ( 5,013 ) ( 8,468 )
Accruals and deferred income: ( 400 ) ( 832 )
Total net assets (liabilities): (5,062) 2,477
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (5,064 ) 2,475
Total Shareholders' funds: ( 5,062 ) 2,477

The notes form part of these financial statements

MAGICAL THINKING LIMITED

Balance sheet statements

For the year ending 31 January 2026 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 13 October 2026
and signed on behalf of the board by:

Name: J C Johnston
Status: Director

The notes form part of these financial statements

MAGICAL THINKING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is recognised in the period in which the service is delivered

MAGICAL THINKING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 0 0

MAGICAL THINKING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Debtors

2026 2025
£ £
Trade debtors 5,400
Total   5,400

MAGICAL THINKING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Creditors: amounts falling due after more than one year note

2026 2025
£ £
Other creditors 5,013 8,468
Total 5,013 8,468