Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31No description of principal activity2023-02-01truefalse21trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13840674 2023-02-01 2024-01-31 13840674 2022-01-11 2023-01-31 13840674 2024-01-31 13840674 2023-01-31 13840674 c:Director1 2023-02-01 2024-01-31 13840674 d:OfficeEquipment 2023-02-01 2024-01-31 13840674 d:OfficeEquipment 2024-01-31 13840674 d:OfficeEquipment 2023-01-31 13840674 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13840674 d:CurrentFinancialInstruments 2024-01-31 13840674 d:CurrentFinancialInstruments 2023-01-31 13840674 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13840674 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13840674 d:ShareCapital 2024-01-31 13840674 d:ShareCapital 2023-01-31 13840674 d:RetainedEarningsAccumulatedLosses 2024-01-31 13840674 d:RetainedEarningsAccumulatedLosses 2023-01-31 13840674 c:OrdinaryShareClass1 2023-02-01 2024-01-31 13840674 c:OrdinaryShareClass1 2024-01-31 13840674 c:OrdinaryShareClass1 2023-01-31 13840674 c:FRS102 2023-02-01 2024-01-31 13840674 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13840674 c:FullAccounts 2023-02-01 2024-01-31 13840674 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13840674 2 2023-02-01 2024-01-31 13840674 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13840674









MADRE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
MADRE LIMITED
REGISTERED NUMBER: 13840674

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,221
3,494

  
5,221
3,494

Current assets
  

Debtors: amounts falling due within one year
 5 
15,519
1,334

Cash at bank and in hand
  
21,470
891

  
36,989
2,225

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(23,263)
(4,995)

Net current assets/(liabilities)
  
 
 
13,726
 
 
(2,770)

Total assets less current liabilities
  
18,947
724

  

Net assets
  
18,947
724


Capital and reserves
  

Called up share capital 
 7 
100
1

Profit and loss account
  
18,847
723

  
18,947
724


Page 1

 
MADRE LIMITED
REGISTERED NUMBER: 13840674
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Sara-Mai Reyes Escoto
Director

Date: 23 October 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MADRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Madre Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is Regina House, 124 Finchley Road, London, United Kingdom, NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

The following principal accounting policies have been applied:

  
2.2

Currency

The company's functional and presentational currency is GBP.

 
2.3

Revenue

Revenue comprises the invoiced cost of digital marketing services provided and is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
MADRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Office equipment
-
20%
per annum on the reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short term debtors are measured at the transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees



The average monthly number of employees, including directors, during the year was 2 (2023 - 1).

Page 4

 
MADRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





Office equipment

£



Cost


At 1 February 2023
4,367


Additions
2,888



At 31 January 2024

7,255



Depreciation


At 1 February 2023
873


Charge for the year on owned assets
1,161



At 31 January 2024

2,034



Net book value



At 31 January 2024
5,221



At 31 January 2023
3,494

Page 5

 
MADRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
15,017
-

Prepayments
502
1,334

15,519
1,334



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
296
-

Other taxation and social security
15,092
185

Other creditors
4,475
1,310

Accruals
3,400
3,500

23,263
4,995



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 1) Ordinary shares of £1.00 each
100
1


During the year, the company issued 99 Ordinary shares at their par value of £1.00 per share.

Page 6