Company No: 03347856 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2023		30.04.2023
		£		£
Fixed assets
Investments	3	368		268
		368		268
Current assets
Debtors	4	33,637		28,027
Cash at bank and in hand		3,803		12,412
		37,440		40,439
Creditors: amounts falling due within one year	5	( 36,295)		( 44,841)
Net current assets/(liabilities)		1,145		(4,402)
Total assets less current liabilities		1,513		(4,134)
Net assets/(liabilities)		1,513		( 4,134)
Capital and reserves
Called-up share capital		500		500
Profit and loss account		1,013		( 4,634 )
Total shareholders' funds/(deficit)		1,513		( 4,134)

For the financial period ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Creating the Magic Limited (registered number: 03347856) were approved and authorised for issue by the Board of Directors on 19 February 2024. They were signed on its behalf by:

G Julius Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Creating the Magic Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length is shortened to 8 months ending December 2023.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	Period from 01.05.2023 to 31.12.2023		Year ended 30.04.2023
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	3		3

3. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 May 2023	268		268
Additions	100		100
At 31 December 2023	368		368
Carrying value at 31 December 2023	368		368
Carrying value at 30 April 2023	268		268

4. Debtors

	31.12.2023		30.04.2023
	£		£
Amounts owed by Group undertakings	33,560		28,013
Other debtors	77		14
	33,637		28,027

5. Creditors: amounts falling due within one year

	31.12.2023		30.04.2023
	£		£
Trade creditors	165		391
Amounts owed to Group undertakings	36,130		44,450
	36,295		44,841