MAGNIFICANT ESTATES LIMITED
MAGNIFICANT ESTATES LIMITED
Registered number: 10024935
Unaudited Financial Statements
For The Year Ended 28 February 2018
C Rosen & Co
ACCA
50 Craven Park Road
South Tottenham
London
N15 6AB
MAGNIFICANT ESTATES LIMITED
Unaudited Financial Statements
For The Year Ended 28 February 2018
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
MAGNIFICANT ESTATES LIMITED
Balance Sheet
As at
28 February 2018
Balance Sheet
Registered number:
10024935
For the year ending 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
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| Notes | £ | £ | £ | £ | |
| Creditors: Amounts Falling Due Within One Year | 3 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| NET ASSETS |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (29) | (14) | |||
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on page 2 form part of these financial statements.
Page 1
MAGNIFICANT ESTATES LIMITED
Notes to the Financial Statements
For The Year Ended 28 February 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
3.
Creditors: Amounts Falling Due Within One Year
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors |
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4.
Share Capital
| 2018 | 2017 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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5.
Ultimate Controlling Party
The company's ultimate controlling party is Mrs Beila Schlaff by virtue of his ownership of 100% of the issued share capital in the company.
6.
General Information
MAGNIFICANT ESTATES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10024935 . The registered office is 50 Craven Park Road, South Tottenham, London, London, N15 6AB.
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