Magma Products (P) Limited Micro-entity accounts

Magma Products (P) Limited Micro-entity accounts


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COMPANY REGISTRATION NUMBER: SC555860
Magma Products (P) Limited
Unaudited Financial Statements
31 January 2019
Magma Products (P) Limited
Financial Statements
Year Ended 31 January 2019
Contents
Page
Report to the Director on the Preparation of the Unaudited Statutory Financial Statements
1
Statement of Financial Position and the Notes to the Financial Statements
2
Magma Products (P) Limited
Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Magma Products (P) Limited
Year Ended 31 January 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Magma Products (P) Limited for the year ended 31 January 2019, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Magma Products (P) Limited in accordance with the terms of our engagement letter dated 27 January 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Magma Products (P) Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Magma Products (P) Limited and its director for our work or for this report.
It is your duty to ensure that Magma Products (P) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Magma Products (P) Limited. You consider that Magma Products (P) Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Magma Products (P) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
DC CONSULTING (WWW.DCCONSULT.CO.UK) Chartered accountant
7 August 2019
Magma Products (P) Limited
Statement of Financial Position
31 January 2019
Period from
Year to
27 Jan 17 to
31 Jan 19
31 Jan 18
£
£
Current assets
100
100
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----
Net Current Assets
100
100
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----
Total Assets Less Current Liabilities
100
100
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----
Capital and reserves
100
100
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The company did not trade during the current year or prior period and has not made either a profit or loss.
For the year ending 31 January 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 7 August 2019 , and are signed on behalf of the board by:
Mr P Rushton
Director
Company registration number: SC555860
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 5 West Victoria Dock Road, Dundee, DD1 3JT.