IRIS Accounts Production v24.3.2.46 13463154 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh134631542023-06-30134631542024-06-30134631542023-07-012024-06-30134631542022-06-30134631542022-07-012023-06-30134631542023-06-3013463154ns15:EnglandWales2023-07-012024-06-3013463154ns14:PoundSterling2023-07-012024-06-3013463154ns10:Director12023-07-012024-06-3013463154ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3013463154ns10:SmallEntities2023-07-012024-06-3013463154ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3013463154ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3013463154ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3013463154ns10:FullAccounts2023-07-012024-06-3013463154ns10:OrdinaryShareClass12023-07-012024-06-3013463154ns10:Director22023-07-012024-06-3013463154ns10:RegisteredOffice2023-07-012024-06-3013463154ns5:CurrentFinancialInstruments2024-06-3013463154ns5:CurrentFinancialInstruments2023-06-3013463154ns5:ShareCapital2024-06-3013463154ns5:ShareCapital2023-06-3013463154ns5:RetainedEarningsAccumulatedLosses2024-06-3013463154ns5:RetainedEarningsAccumulatedLosses2023-06-3013463154ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3013463154ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3013463154ns5:CurrentFinancialInstruments2023-07-012024-06-3013463154ns10:OrdinaryShareClass12024-06-3013463154ns5:RetainedEarningsAccumulatedLosses2023-06-3013463154ns5:RetainedEarningsAccumulatedLosses2023-07-012024-06-301346315412023-07-012024-06-30
REGISTERED NUMBER: 13463154 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Madripoor Ltd

Madripoor Ltd (Registered number: 13463154)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Madripoor Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Cornhill Directors Limited
Mrs J A Venables





REGISTERED OFFICE: Monomark House
27 Old Gloucester Street
London
WC1N 3AX





REGISTERED NUMBER: 13463154 (England and Wales)





ACCOUNTANTS: ILS Fiduciaries (IOM) Limited
First Floor
Millennium House
Victoria Road
Douglas
Isle of Man
IM2 4RW

Madripoor Ltd (Registered number: 13463154)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 10,083 4,967
Cash at bank 41,136 68,936
51,219 73,903
CREDITORS
Amounts falling due within one year 5 41,243 65,917
NET CURRENT ASSETS 9,976 7,986
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,976

7,986

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 7 9,975 7,985
SHAREHOLDERS' FUNDS 9,976 7,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:





Mrs J A Venables - Director


Madripoor Ltd (Registered number: 13463154)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Madripoor Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company has a Certificate of Registration under the Isle of Man Foreign Companies Act 2014.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the provision of family office services.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 4,422 3,208
VAT 3,990 -
Accrued income 1,671 1,759
10,083 4,967

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Shareholder loan 7,516 7,516
Trade creditors 5,044 9,282
Corporation tax payable 490 1,334
VAT - 4,262
Pensions payable 188 373
Tax & NI payable 604 1,374
Payments in advance 24,601 40,276
Accruals 2,800 1,500
41,243 65,917

The shareholder loan is unsecured, interest free and repayable on demand.

Madripoor Ltd (Registered number: 13463154)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

7. RESERVES
Retained
earnings
£   

At 1 July 2023 7,985
Profit for the year 1,990
At 30 June 2024 9,975

8. RELATED PARTY DISCLOSURES

Shareholder

Shareholder loan


2024 2023
£    £   
Amount due to related party at the balance sheet date 7,516 7,516

Shareholder

Payments in advance


Sales invoices totalling £165,675 (2023: £203,372) were issued to the shareholder during the year and payments on account totalling £150,000 (2023: £150,000) were received.

2024 2023
£    £   
Amount due to related party at the balance sheet date 24,601 40,276

9. POST BALANCE SHEET EVENTS

The effect of events relating to the year ended 30 June 2024, which occurred before the date of approval of the financial statements by the directors, have been included to the extent required to show a true and fair view of the state of affairs at 30 June 2024 and of the results of the year ended on that date.

10. PENSION COMMITMENTS

The company paid pension contributions to NEST, a defined occupational pension scheme backed by the UK Government, for the UK based employees.

During the year the total pension costs to the company were £1,213 (2023: £1,470).