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MAGNIFY RESEARCH LIMITED - Company Information

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Magnify Research Limited

Registered Number:11820144

For the period ended 28 February 2020

England and Wales

Unaudited Financial Statements

For the period ended 28 February 2020

Magnify Research Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

11820144

As at 28 February 2020

Magnify Research Limited

Statement of Financial Position

2020

Notes

Fixed assets

Property, plant and equipment

756

Current assets

Cash and cash equivalents

5,500

Trade and other payables: amounts falling due within one

year

(3,708)

1,792

Net current assets

Total assets less current liabilities

2,548

Net assets/liabilities

Capital and reserves

Called up share capital

Retained earnings

2,547

2,548

Shareholders' funds

For the period ended 28 February 2020 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 of its financial statements for the period ended 28 February 2020 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of

each financial year and of its profit or loss for each financial year in accordance with the requirements of Section

394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial

statements, so far as applicable to the company.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Ben Money Director

These financial statements were approved and authorised for issue by the Board on 02 November 2020 and were signed by:

The notes form part of these financial statements

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For the period ended 28 February 2020

Magnify Research Limited

Notes to the Financial Statements

Statutory Information

Magnify Research Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 11820144.

Registered address:

77b Churchview Road

Twickenham

TW2 5BU

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

2. Property, plant and equipment

Computer

Equipment

Cost or

valuation

1,008

Additions

At 28 February 2020

1,008

Provision for depreciation and impairment

Charge for period

252

At 28 February 2020

252

At 28 February 2020

Net book value

756

3. Trade and other payables: amounts falling due within one year

2020

Taxation and social security

2,625

Other creditors

1,083

3,708

4. Related party transactions

During the period Mr B Money provided services to Magnify Research Limited to the value of £6,750.

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For the period ended 28 February 2020

Magnify Research Limited

Notes to the Financial Statements Continued

5. Average number of persons employed

During the year the average number of employees was 1

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