Company registration number 11810979 (England and Wales)
MADWILL DEVELOPMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
MADWILL DEVELOPMENTS LTD
COMPANY INFORMATION
Directors
Mr J Williams
Mr D Madden
Mr A William
Company number
11810979
Registered office
126 White Hall Road
Woodford Green
London
England
IG8 0RZ
Accountants
Koshal Associates (Chartered Accountants)
Gautam House
1-3 Shenley Avenue
Ruislip Manor
Middlesex
United Kingdom
HA4 6BP
MADWILL DEVELOPMENTS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MADWILL DEVELOPMENTS LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
415,400
415,400
Current assets
Debtors
4
2
2
Creditors: amounts falling due within one year
5
(415,400)
(415,400)
Net current liabilities
(415,398)
(415,398)
Net assets
2
2
Capital and reserves
-
-
Called up share capital
2
2
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
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.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 10 October 2023 and are signed on its behalf by:
Mr J Williams
Director
Company registration number 11810979 (England and Wales)
MADWILL DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 2 -
1
Accounting policies
Company information
Madwill Developments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 126 White Hall Road, Woodford Green, London, England, IG8 0RZ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
1.3
Tangible fixed assets
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 March 2022 and 28 February 2023
415,400
Carrying amount
At 28 February 2023
415,400
At 28 February 2022
415,400
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
2
2
MADWILL DEVELOPMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 3 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
415,400
415,400