Company Registration No. 13160639 (England and Wales)
MADANA LTD
Unaudited accounts
for the year ended 31 January 2023
MADANA LTD
Unaudited accounts
Contents
MADANA LTD
Company Information
for the year ended 31 January 2023
Company Number
13160639 (England and Wales)
Registered Office
74 LITTLE PYNCHONS
HARLOW
CM18 7DE
ENGLAND
MADANA LTD
Statement of financial position
as at 31 January 2023
Tangible assets
41,906
46,563
Cash at bank and in hand
27,085
27,508
Creditors: amounts falling due within one year
(173,116)
(100,114)
Net current liabilities
(35,624)
(9,336)
Total assets less current liabilities
6,282
37,227
Creditors: amounts falling due after more than one year
-
(21,120)
Called up share capital
11
11
Profit and loss account
6,271
16,096
Shareholders' funds
6,282
16,107
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 15 October 2023 and were signed on its behalf by
Merxhan Madana
Director
Company Registration No. 13160639
MADANA LTD
Notes to the Accounts
for the year ended 31 January 2023
MADANA LTD is a private company, limited by shares, registered in England and Wales, registration number 13160639. The registered office is 74 LITTLE PYNCHONS, HARLOW, CM18 7DE, 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:
Plant & machinery
10% Straight line
Motor vehicles
10% Straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2022
15,000
31,563
46,563
At 31 January 2023
15,000
31,563
46,563
Charge for the year
1,500
3,157
4,657
At 31 January 2023
1,500
3,157
4,657
At 31 January 2023
13,500
28,406
41,906
At 31 January 2022
15,000
31,563
46,563
Amounts falling due within one year
Trade debtors
64,169
21,011
Other debtors
4,793
22,591
MADANA LTD
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
10,283
6,401
Taxes and social security
58,111
-
Other creditors
40,000
55,586
Loans from directors
64,722
38,105
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
21,120
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).