Company Registration No. 09497685 (England and Wales)
MAGNIBUILD LTD
Unaudited accounts
for the year ended 31 March 2019
MAGNIBUILD LTD
Unaudited accounts
Contents
MAGNIBUILD LTD
Company Information
for the year ended 31 March 2019
Directors
Mr Pawel L Wisniowski
Mrs Katarzyna A Wisniowska
Company Number
09497685 (England and Wales)
Registered Office
8 STANHOPE PARK ROAD
GREENFORD
MIDDLESEX
UB6 9LT
ENGLAND
MAGNIBUILD LTD
Statement of financial position
as at 31 March 2019
Tangible assets
11,821
12,849
Cash at bank and in hand
80,178
10,365
Creditors: amounts falling due within one year
2,366
9,602
Net current assets
82,544
19,967
Called up share capital
100
100
Profit and loss account
94,265
32,716
Shareholders' funds
94,365
32,816
For the year ending 31 March 2019 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 27 December 2019.
Mr Pawel L Wisniowski
Director
Company Registration No. 09497685
MAGNIBUILD LTD
Notes to the Accounts
for the year ended 31 March 2019
MAGNIBUILD LTD is a private company, limited by shares, registered in England and Wales, registration number 09497685. The registered office is 8 STANHOPE PARK ROAD, GREENFORD, MIDDLESEX, UB6 9LT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
14,437
7,686
Loans from directors
(16,803)
(20,506)
MAGNIBUILD LTD
Notes to the Accounts
for the year ended 31 March 2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).
