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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
Page
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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
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Mad4 Business Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,753 
5,505 
Current assets
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 
Net assets
69,856 
65,172 
Capital and reserves
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
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Mad4 Business Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 April 2023
8,257 
At 31 March 2024
8,257 
Depreciation
At 1 April 2023
2,752 
Charge for the year
2,752 
At 31 March 2024
5,504 
Net book value
At 31 March 2024
2,753 
At 31 March 2023
5,505 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,847 
(4,454)
Taxes and social security
4,330 
9,780 
Loans from directors
7,243 
2,533 
Accruals
775 
750 
15,195 
8,609 
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Mad4 Business Ltd Notes to the Accounts for the year ended 31 March 2024
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Denis Andrew Collen
Directors Loan
(3,562)
- 
1,302 
(4,864)
Francesca Collen
Directors Loan
(312)
- 
492 
(804)
Meeta Tallow
Directors Loan
(312)
- 
1,077 
(1,389)
Rishi Thaker
Directors Loan
1,938 
- 
582 
1,356 
Marie Anne Wehrly
Directors Loan
(285)
- 
1,257 
(1,542)
(2,533)
- 
4,710 
(7,243)
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).
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