Magic Hand Ltd - Filleted accounts


Registered number
04690869
Magic Hand Ltd
Filleted Accounts
31 March 2021
Magic Hand Ltd
Registered number: 04690869
Balance Sheet
as at 31 March 2021
Notes 2021 2020
£ £
Fixed assets
Tangible assets 3 11,069 13,827
Current assets
Debtors 4 2,750 2,750
Cash at bank and in hand 22,698 5,024
25,448 7,774
Creditors: amounts falling due within one year 5 (18,483) (13,261)
Net current assets/(liabilities) 6,965 (5,487)
Net assets 18,034 8,340
Capital and reserves
Called up share capital 1 1
Profit and loss account 18,033 8,339
Shareholders' funds 18,034 8,340
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Al Akhoann
Director
Approved by the board on 30 April 2021
Magic Hand Ltd
Notes to the Accounts
for the year ended 31 March 2021
1 Accounting policies
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2020 41,916 20,078 61,994
Additions 932 - 932
At 31 March 2021 42,848 20,078 62,926
Depreciation
At 1 April 2020 32,305 15,862 48,167
Charge for the year 2,636 1,054 3,690
At 31 March 2021 34,941 16,916 51,857
Net book value
At 31 March 2021 7,907 3,162 11,069
At 31 March 2020 9,611 4,216 13,827
4 Debtors 2021 2020
£ £
Other debtors 2,750 2,750
5 Creditors: amounts falling due within one year 2021 2020
£ £
Bank loans and overdrafts 6,000 6,000
Taxation and social security costs 10,841 5,073
Other creditors 1,642 2,188
18,483 13,261
6 Other information
Magic Hand Ltd is a private company limited by shares and incorporated in England. Its registered office is:
82 Wey Hill
Haslemere
Surrey
GU27 1HS
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