Company registration number: 05037810
Unaudited financial statements
for the year ended 28 February 2025
for
Magna Strata Limited
Pages for filing with the Registrar
Company registration number: 05037810
Magna Strata Limited
Balance sheet
as at 28 February 2025
28 Feb 25 29 Feb 24
Note £ £ £ £
Fixed assets
Tangible assets 4 290,087 288,935
290,087 288,935
Current assets
Debtors 888,000 777,011
Cash at bank and in hand 6,683 36,561
894,683 813,572
Creditors: amounts falling due within one
year 		(165,692) (89,708)
Net current assets 728,991 723,864
Total assets less current liabilities 1,019,078 1,012,799
NET ASSETS 1,019,078 1,012,799
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,018,978 1,012,699
TOTAL EQUITY 1,019,078 1,012,799
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 05037810
Magna Strata Limited
Balance sheet - continued
as at 28 February 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 13 November 2025 and signed on its behalf by:
Mr P Fisk, Director
13 November 2025
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Magna Strata Limited
Notes to the financial statements
for the year ended 28 February 2025
1 Company information
Magna Strata Limited is a private company registered in England and Wales. Its registered number is 05037810. The company is limited by shares. Its registered office is 1 Long Street, Tetbury, Gloucestershire, GL8 8AA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property -
Plant and machinery etc.:
Computer equipment - 15% reducing balance
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
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Magna Strata Limited
Notes to the financial statements - continued
for the year ended 28 February 2025
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 March 2024 288,835 139 288,974
Additions - 1,373 1,373
At 28 February 2025 288,835 1,512 290,347
Depreciation
At 1 March 2024 - 39 39
Charge for year - 221 221
At 28 February 2025 - 260 260
Net book value
At 28 February 2025 288,835 1,252 290,087
At 29 February 2024 288,835 100 288,935
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