Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue2023-08-01No description of principal activity11falsefalse 04804836 2023-08-01 2024-07-31 04804836 2022-08-01 2023-07-31 04804836 2024-07-31 04804836 2023-07-31 04804836 c:Director1 2023-08-01 2024-07-31 04804836 d:PlantMachinery 2023-08-01 2024-07-31 04804836 d:PlantMachinery 2024-07-31 04804836 d:PlantMachinery 2023-07-31 04804836 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04804836 d:CurrentFinancialInstruments 2024-07-31 04804836 d:CurrentFinancialInstruments 2023-07-31 04804836 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 04804836 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 04804836 d:ShareCapital 2024-07-31 04804836 d:ShareCapital 2023-07-31 04804836 d:RetainedEarningsAccumulatedLosses 2024-07-31 04804836 d:RetainedEarningsAccumulatedLosses 2023-07-31 04804836 c:FRS102 2023-08-01 2024-07-31 04804836 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04804836 c:FullAccounts 2023-08-01 2024-07-31 04804836 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04804836 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 04804836









MAD SPOON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
MAD SPOON LIMITED
REGISTERED NUMBER: 04804836

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 6 
2,929
3,247

  
2,929
3,247

Current assets
  

Debtors: amounts falling due within one year
 7 
88
25,218

Bank & cash balances
  
66,953
6,294

  
67,041
31,512

Creditors: amounts falling due within one year
 8 
(47,074)
(25,175)

Net current assets
  
 
 
19,967
 
 
6,337

Total assets less current liabilities
  
22,896
9,584

  

Net assets
  
22,896
9,584


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
22,796
9,484

  
22,896
9,584


Page 1

 
MAD SPOON LIMITED
REGISTERED NUMBER: 04804836
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 her 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 on 6 November 2024.


S Tully
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MAD SPOON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Mad Spoon Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is Regina House,124 Finchley Road, London, 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.

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.

Depreciation is provided on the following basis:


Plant & machinery
-
20%
reducing balance

 
2.4

Debtors

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

 
2.5

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.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

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.

Page 3

 
MAD SPOON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

3.


Employees

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


4.


Directors remuneration

2024
2023
£
£
Aggregate remuneration
9,100

9,100
 
9,100

9,100
 


5.

Taxation

2024
2023
       £
       £
Corporation tax charge for the year

28,656

21,705
 

28,656

21,705
 

Page 4

 
MAD SPOON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Tangible fixed assets





Plant & machinery

£



Cost or valuation


At 1 August 2023
16,265


Additions
414



At 31 July 2024

16,679



Depreciation


At 1 August 2023
13,018


Charge for the year on owned assets
732



At 31 July 2024

13,750



Net book value



At 31 July 2024
2,929



At 31 July 2023
3,247

Page 5

 
MAD SPOON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Debtors

2024
2023
£
£


Trade debtors
-
10,800

Other debtors
88
14,418

88
25,218



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
436
-

Corporation tax
28,656
21,705

Other taxation and social security
14,582
-

Other creditors
-
70

Accruals and deferred income
3,400
3,400

47,074
25,175



9.


Reserves

2024
2023
£
£


At 1 August 2021
9,484
19,268

Profit for the year
93,312
84,216

Dividends: Equity capital
(80,000)
(94,000)

At 31 July 2022
22,796
9,484



10.


Dividends

2024
2023
£
£


Dividends paid on equity capital
80,000
94,000

80,000
94,000


Page 6

 
MAD SPOON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

11.


Transactions with directors

At the balance sheet date, the director owns the company  £88 (2023:£70 - the company owed the director). During the year, the sole director and sole shareholder of the company S Tully received dividends of £80,000 (2023: £94,000).

 
Page 7