MADMAX777 LIMITED

Company Registration Number:
12275146 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

MADMAX777 LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

MADMAX777 LIMITED

Company Information

for the Period Ended 31 October 2024




Director: Maksimiliyan Konstantinov Mihaylov
Registered office: 39
South Clive Street
Cardiff
GB-WLS
CF11 7EG
Company Registration Number: 12275146 (England and Wales)

MADMAX777 LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

The company's principal activity during the period was installation, service and maintenance communication equipment.

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Maksimiliyan Konstantinov Mihaylov

This report was approved by the board of directors on 14 March 2025
And Signed On Behalf Of The Board By:

Name: Maksimiliyan Konstantinov Mihaylov
Status: Director

MADMAX777 LIMITED

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Turnover 63,180 116,960
Cost of sales ( 35,776 ) ( 71,923 )
Gross Profit or (Loss) 27,404 45,037
Administrative Expenses ( 25,676 ) ( 41,374 )
Operating Profit or (Loss) 1,728 3,663
Profit or (Loss) Before Tax 1,728 3,663
Tax on Profit ( 328 ) ( 696 )
Profit or (Loss) for Period 1,400 2,967

The notes form part of these financial statements

MADMAX777 LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 4,034 4,920
Total fixed assets: 4,034 4,920
Current assets
Cash at bank and in hand: 33,700 42,910
Total current assets: 33,700 42,910
Creditors: amounts falling due within one year: 6 ( 338 ) ( 696 )
Net current assets (liabilities): 33,362 42,214
Total assets less current liabilities: 37,396 47,134
Creditors: amounts falling due after more than one year: 7 ( 22,847 ) ( 32,014 )
Total net assets (liabilities): 14,549 15,120

The notes form part of these financial statements

MADMAX777 LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 14,449 15,020
Shareholders funds: 14,549 15,120

For the year ending 31 October 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 14 March 2025
And Signed On Behalf Of The Board By:

Name: Maksimiliyan Konstantinov Mihaylov
Status: Director

The notes form part of these financial statements

MADMAX777 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MADMAX777 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

MADMAX777 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

MADMAX777 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Dividends


2024
£

2023
£
Dividends paid 1,400 2,000

MADMAX777 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 November 2023 4,920 4,920
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 4,920 4,920
Depreciation
At 01 November 2023 - -
Charge for year 886 886
On disposals - -
Other adjustments - -
At 31 October 2024 886 886
Net book value
At 31 October 2024 4,034 4,034
At 31 October 2023 4,920 4,920

MADMAX777 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 338 696
Total 338 696

MADMAX777 LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 22,847 32,014
Total 22,847 32,014