Company Registration No. 10131080 (England and Wales)
Magosoft Ltd
Unaudited accounts
for the year ended 30 April 2023
Magosoft Ltd
Unaudited accounts
Contents
Magosoft Ltd
Company Information
for the year ended 30 April 2023
Directors
Diego Oliveira Sanchez
Magda Sternik
Company Number
10131080 (England and Wales)
Registered Office
30 Churchill Place
London
E14 5EU
England
Accountants
JWD Accounting and Tax Services
Magosoft Ltd
Statement of financial position
as at 30 April 2023
Tangible assets
3,423
2,581
Cash at bank and in hand
32,721
30,918
Creditors: amounts falling due within one year
(25,811)
(23,989)
Net current assets
9,504
9,195
Called up share capital
100
100
Profit and loss account
12,827
11,676
Shareholders' funds
12,927
11,776
For the year ending 30 April 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2023 and were signed on its behalf by
Diego Oliveira Sanchez
Director
Company Registration No. 10131080
Magosoft Ltd
Notes to the Accounts
for the year ended 30 April 2023
Magosoft Ltd is a private company, limited by shares, registered in England and Wales, registration number 10131080. The registered office is 30 Churchill Place, London , E14 5EU, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Magosoft Ltd
Notes to the Accounts
for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
23,656
21,508
Loans from directors
629
1,248
7
Average number of employees
During the year the average number of employees was 1 (2022: 2).