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REGISTERED NUMBER: 08610891 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st July 2024

for

Madajo Ltd

Madajo Ltd (Registered number: 08610891)






Contents of the Financial Statements
for the Year Ended 31st July 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Madajo Ltd (Registered number: 08610891)

Balance Sheet
31st July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 981

CURRENT ASSETS
Debtors 5 117,567 106,089
Cash at bank and in hand 10,299 7,885
127,866 113,974
CREDITORS
Amounts falling due within one year 6 122,282 73,322
NET CURRENT ASSETS 5,584 40,652
TOTAL ASSETS LESS CURRENT LIABILITIES 5,584 41,633

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 5,574 41,623
SHAREHOLDERS' FUNDS 5,584 41,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th February 2025 and were signed on its behalf by:





J A Coren - Director


Madajo Ltd (Registered number: 08610891)

Notes to the Financial Statements
for the Year Ended 31st July 2024

1. STATUTORY INFORMATION

Madajo Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08610891

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

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.

Turnover
Turnover represents the total invoice value, excluding value added tax, of consultancy income relating to the year and total securities sold in the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - Straight line over 4 years

Taxation
Taxation for the year comprises current. Tax is recognised in the Profit and Loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2023
and 31st July 2024 5,147
DEPRECIATION
At 1st August 2023 4,166
Charge for year 981
At 31st July 2024 5,147
NET BOOK VALUE
At 31st July 2024 -
At 31st July 2023 981

Madajo Ltd (Registered number: 08610891)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by related party 117,066 -
Other debtors 501 106,089
117,567 106,089

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 334 -
Taxation and social security 382 4,588
Other creditors 121,566 68,734
122,282 73,322

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company gave advances or credits to directors as follows:


20242023
£   £   

Amounts Advanced25,726142,286
Amounts Repaid(157,799)(86,279)

The loan to the director is repayable on demand. Interest is charged on loans at the official interest set by HMRC.