Company Registration No. 06197677 (England and Wales)
Mad-Renaline Activities Limited
Unaudited accounts
for the year ended 31 March 2025
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Mad-Renaline Activities Limited
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Mad-Renaline Activities Limited for the year ended
31 March 2025 as set out on pages
3 -
6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Mad-Renaline Activities Limited, as a body, in accordance with the terms of our engagement letter dated 27 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of Mad-Renaline Activities Limited and state those matters that we have agreed to state to the Board of Directors of Mad-Renaline Activities Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mad-Renaline Activities Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mad-Renaline Activities Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Mad-Renaline Activities Limited. You consider that Mad-Renaline Activities Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Mad-Renaline Activities Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Dove Accountants Limited
Chartered Certified Accountants
71-75 Shelton Street
Covent Garden
London
Staffordshire
WC2H 9JQ
11 June 2025
Mad-Renaline Activities Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
19,311
19,002
Creditors: amounts falling due within one year
(16,539)
(14,023)
Net current assets
3,169
5,398
Total assets less current liabilities
39,069
5,398
Creditors: amounts falling due after more than one year
(141)
(558)
Provisions for liabilities
Called up share capital
100
100
Revaluation reserve
29,079
-
Profit and loss account
2,928
4,740
Shareholders' funds
32,107
4,840
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by
Patricia J Heath
Director
Company Registration No. 06197677
Mad-Renaline Activities Limited
Notes to the Accounts
for the year ended 31 March 2025
Mad-Renaline Activities Limited is a private company, limited by shares, registered in England and Wales, registration number 06197677. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Plant and machinery is initially recognised at cost and then measured at fair value with any revaluation increase or decrease recognised in profit or loss.
The fair value is based on a valuation carried out by a valuer with relevant knowledge and experience.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Mad-Renaline Activities Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At valuation
Plant and Machinery have been valued by the directors based on their opinion of market value as of the balance sheet date.
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
417
407
Taxes and social security
-
423
Loans from directors
11,366
10,637
Mad-Renaline Activities Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 6 (2024: 7).