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REGISTERED NUMBER: 07198949 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

MAD MARCH HARE CAD SERVICES LIMITED

MAD MARCH HARE CAD SERVICES LIMITED (REGISTERED NUMBER: 07198949)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAD MARCH HARE CAD SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: A P March





REGISTERED OFFICE: Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG





REGISTERED NUMBER: 07198949 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

MAD MARCH HARE CAD SERVICES LIMITED (REGISTERED NUMBER: 07198949)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,118 2,044

CURRENT ASSETS
Debtors 5 5,103 3,768
Cash at bank and in hand 46,731 34,451
51,834 38,219
CREDITORS
Amounts falling due within one year 6 27,860 24,261
NET CURRENT ASSETS 23,974 13,958
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,092

16,002

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 26,088 15,998
SHAREHOLDERS' FUNDS 26,092 16,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2023 and were signed by:





A P March - Director


MAD MARCH HARE CAD SERVICES LIMITED (REGISTERED NUMBER: 07198949)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Mad March Hare CAD Services 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.
Plant and machinery etc - 33.33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 year was 3 (2022 - 3 ) .

MAD MARCH HARE CAD SERVICES LIMITED (REGISTERED NUMBER: 07198949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 11,760
Additions 2,043
At 31 March 2023 13,803
DEPRECIATION
At 1 April 2022 9,716
Charge for year 1,969
At 31 March 2023 11,685
NET BOOK VALUE
At 31 March 2023 2,118
At 31 March 2022 2,044

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 4,033 2,836
Other debtors 1,070 932
5,103 3,768

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors - 42
Taxation and social security 24,048 21,205
Other creditors 3,812 3,014
27,860 24,261

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £43,500 (2022 - £45,000) were paid to the director .

The director has made an unsecured interest free loan to the company. The balance owing to the director at 31st March 2023 was £2,262 (2022 - £1,210).

8. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by its director, Mr A March, who owns 75% of the issued share capital.