Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09398316 2023-02-01 2024-01-31 09398316 2022-02-01 2023-01-31 09398316 2024-01-31 09398316 2023-01-31 09398316 c:Director1 2023-02-01 2024-01-31 09398316 c:RegisteredOffice 2023-02-01 2024-01-31 09398316 d:FurnitureFittings 2023-02-01 2024-01-31 09398316 d:FurnitureFittings 2024-01-31 09398316 d:FurnitureFittings 2023-01-31 09398316 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09398316 d:CurrentFinancialInstruments 2024-01-31 09398316 d:CurrentFinancialInstruments 2023-01-31 09398316 d:Non-currentFinancialInstruments 2024-01-31 09398316 d:Non-currentFinancialInstruments 2023-01-31 09398316 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09398316 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09398316 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 09398316 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 09398316 d:ShareCapital 2024-01-31 09398316 d:ShareCapital 2023-01-31 09398316 d:RetainedEarningsAccumulatedLosses 2024-01-31 09398316 d:RetainedEarningsAccumulatedLosses 2023-01-31 09398316 c:FRS102 2023-02-01 2024-01-31 09398316 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09398316 c:FullAccounts 2023-02-01 2024-01-31 09398316 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09398316 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 09398316







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


Madyn Limited






































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Madyn Limited
 


 
COMPANY INFORMATION


Director
Mr M Quinlivan 




Registered number
09398316



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP





 


Madyn Limited
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


Madyn Limited
REGISTERED NUMBER:09398316



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
35,332
34,132

  
35,332
34,132

Current assets
  

Debtors: amounts falling due within one year
 5 
-
3,417

Cash at bank and in hand
  
2,239
1,414

  
2,239
4,831

Creditors: amounts falling due within one year
 6 
(27,246)
(39,081)

Net current liabilities
  
 
 
(25,007)
 
 
(34,250)

Total assets less current liabilities
  
10,325
(118)

Creditors: amounts falling due after more than one year
 7 
(5,047)
(7,176)

  

Net assets/(liabilities)
  
5,278
(7,294)


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
5,258
(7,314)

  
5,278
(7,294)


Page 1

 


Madyn Limited
REGISTERED NUMBER:09398316


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The director considers 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 director acknowledges his 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 income and retained earnings 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: 


Mr M Quinlivan
Director
Date: 23 October 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


Madyn Limited
 


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

1.


General information

Madyn Limited is a private company limited by shares and incorporated in England and Wales.  The address of the registered office is given in the company information page of these financial statements.
The Company’s functional and presentational currency is GBP
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.  

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

Turnover

Turnover 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. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

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.

 
2.4

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Straight-line

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.

Page 3

 


Madyn Limited
 


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

2.Accounting policies (continued)

 
2.5

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees

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


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 February 2023
156,438


Additions
12,700



At 31 January 2024

169,138



Depreciation


At 1 February 2023
122,306


Charge for the year on owned assets
11,500



At 31 January 2024

133,806



Net book value



At 31 January 2024
35,332



At 31 January 2023
34,132


5.


Debtors

2024
2023
£
£


Other debtors
-
3,417

-
3,417


Page 4

 


Madyn Limited
 


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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
-
681

Obligations under finance lease and hire purchase contracts
2,054
14,679

Other creditors
24,098
22,627

Accruals and deferred income
1,094
1,094

27,246
39,081



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
5,047
7,176

5,047
7,176


Page 5