Company Registration No. 12614465 (England and Wales)
Mad4 Business Ltd
Unaudited accounts
for the year ended 31 March 2024
Mad4 Business Ltd
Unaudited accounts
Contents
Mad4 Business Ltd
Company Information
for the year ended 31 March 2024
Directors
Denis Andrew Collen
Francesca Collen
Meeta Tallow
Rishi Thaker
Marie Anne Wehrly
Company Number
12614465 (England and Wales)
Registered Office
4 Crowshott Avenue
Stanmore
Middlesex
HA7 1JD
England
Accountants
Redwood Accountants
26 Martingale Grove
Arborfield Green
Reading
Berkshire
RG2 9HD
Mad4 Business Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
2,753
5,505
Cash at bank and in hand
82,298
68,276
Creditors: amounts falling due within one year
(15,195)
(8,609)
Net current assets
67,103
59,667
Called up share capital
100
100
Share premium
11,150
11,150
Profit and loss account
58,606
53,922
Shareholders' funds
69,856
65,172
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 12 October 2024 and were signed on its behalf by
Rishi Thaker
Director
Company Registration No. 12614465
Mad4 Business Ltd
Notes to the Accounts
for the year ended 31 March 2024
Mad4 Business Ltd is a private company, limited by shares, registered in England and Wales, registration number 12614465. The registered office is 4 Crowshott Avenue, Stanmore, Middlesex, HA7 1JD, 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:
Computer equipment
3 Years Straight Line
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,330
9,780
Loans from directors
7,243
2,533
Mad4 Business Ltd
Notes to the Accounts
for the year ended 31 March 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(3,562)
-
1,302
(4,864)
Directors Loan
(312)
-
492
(804)
Directors Loan
(312)
-
1,077
(1,389)
Directors Loan
1,938
-
582
1,356
Directors Loan
(285)
-
1,257
(1,542)
Loans are provided interest free with no set repayment terms
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).