Magic Hand Ltd - Filleted accounts

Magic Hand Ltd - Filleted accounts

MAGIC HAND LIMITED - Company Information

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Registered number
04690869
Magic Hand Ltd
Filleted Accounts
31 March 2023
Magic Hand Ltd
Registered number: 04690869
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 8,666 11,554
Current assets
Debtors 4 - 2,750
Cash at bank and in hand 25,364 10,411
25,364 13,161
Creditors: amounts falling due within one year 5 (19,962) (10,577)
Net current assets 5,402 2,584
Net assets 14,068 14,138
Capital and reserves
Called up share capital 1 1
Profit and loss account 14,067 14,137
Shareholders' funds 14,068 14,138
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 27 December 2023
Magic Hand Ltd
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
2 Employees 2023 2022
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 2022 46,503 20,078 66,581
At 31 March 2023 46,503 20,078 66,581
Depreciation
At 1 April 2022 37,320 17,706 55,026
Charge for the year 2,296 593 2,889
At 31 March 2023 39,616 18,299 57,915
Net book value
At 31 March 2023 6,887 1,779 8,666
At 31 March 2022 9,183 2,372 11,555
4 Debtors 2023 2022
£ £
Other debtors - 2,750
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 4,840 -
Taxation and social security costs 13,051 9,293
Other creditors 2,071 1,284
19,962 10,577
6 Other information
Magic Hand Ltd is a private company limited by shares and incorporated in England. Its registered office is:
65 Sloane Street
London
SW1X 9SH
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