Magnum One International Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04314645 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2017 to 30 April 2019

for

Magnum One International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Kasprzykiewicz

Ms B Kasprzykiewicz

REGISTERED OFFICE:

9 Station Parade

Uxbridge Road

London

W5 3LD

REGISTERED NUMBER:

04314645 (England and Wales)

ACCOUNTANTS:

Dauman & Co. Limited

9 Station Parade

Uxbridge Road

Ealing

London

W5 3LD

FIXED ASSETS

Tangible assets

4

679

1,085

CURRENT ASSETS

Debtors

5

12,026

13,500

Cash at bank

10,806

13,477

22,832

26,977

CREDITORS

Amounts falling due within one year

6

23,408

19,963

NET CURRENT (LIABILITIES)/ASSETS

(576

)

7,014

TOTAL ASSETS LESS CURRENT LIABILITIES

103

8,099

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3

7,999

103

8,099

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

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

The financial statements were approved by the Board of Directors on 28 January 2020 and were signed on its behalf by:

M J Kasprzykiewicz - Director

1.	STATUTORY INFORMATION

Magnum One International Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be

found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the

Statement of Income and Retained Earnings, except to the extent that it relates to items

recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2017

and 30 April 2019

11,088

DEPRECIATION

At 1 November 2017

10,003

Charge for period

406

At 30 April 2019

10,409

NET BOOK VALUE

At 30 April 2019

679

At 31 October 2017

1,085

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

31.10.17

£

£

Trade debtors

-

13,500

Other debtors

12,026

-

12,026

13,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

31.10.17

£

£

Trade creditors

-

1

Taxation and social security

21,488

13,368

Other creditors

1,920

6,594

23,408

19,963