trade5 GmbH
19mWholesale of textiles
Basic information of the organization
Changes published in the official company registry
Legal representatives of the organization
| Name | Role |
|---|---|
Colja Vendel since 3/11/2011 | Director |
Official financial statements and annual reports
4MAGIC LIMITEDMünchenABBREVIATED BALANCE SHEET as at 31/12/20124MAGIC LIMITED, BIRMINGHAM
The director consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477(2) of the Companies Act 2006 and members have not required the company to btain an audit of its accounts for the year in question in accordance with sections 476 of the Act. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006, and for preparing financial statements which give a true an fair view of the state of affairs of the Company as at 31/12/2012 and of its profit for the year then ended in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to the financial statements so far as applicable to the company. The abbreviated accounts which have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime, were approved by the board on 31/12/2012 and signed on its behalf.
Colja Vendel, Director The notes on pages 4 to 5 form part of these financial statements. NOTES TO THE ABBREVIATED ACCOUNTS For the year ended 31/12/20121. ACCOUNTING POLICIES 1.1. Basis of preparation of financial statements The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the German tax law. 1.2. Cash flow The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008). 1.3. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax 1.4. Foreign Currencies All figures are reported in Euro. 1.5. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2. TANGIBLE FIXED ASSETS
3. SHARE CAPITAL
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