REGISTERED NUMBER: 09043634 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Mad Dog Developers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P R Burrows

Mrs S J Burrows

P L Burrows

REGISTERED OFFICE:

Bracken Lodge

Stapley

Taunton

Somerset

TA3 7QA

REGISTERED NUMBER:

09043634 (England and Wales)

ACCOUNTANTS:

Altway Business Services Limited

44 Links Way

Croxley Green

Rickmansworth

Hertfordshire

WD3 3RQ

FIXED ASSETS

Tangible assets

4

820,498

1,027,330

CURRENT ASSETS

Stocks

537,119

530,765

Debtors

5

648

333

Cash at bank

9,230

18,854

546,997

549,952

CREDITORS

Amounts falling due within one year

6

889,917

896,573

NET CURRENT LIABILITIES

(342,920

)

(346,621

)

TOTAL ASSETS LESS CURRENT LIABILITIES

477,578

680,709

PROVISIONS FOR LIABILITIES

3,895

5,193

NET ASSETS

473,683

675,516

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

473,653

675,486

SHAREHOLDERS' FUNDS

473,683

675,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 3 September 2025 and were signed on its behalf by:

P L Burrows - Director

P R Burrows - Director

Mrs S J Burrows - Director

1.	STATUTORY INFORMATION

Mad Dog Developers Limited 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2024

1,000,000

79,966

2,182

12,881

1,095,029

Revaluations

(200,000

)

-

-

-

(200,000

)

At 31 March 2025

800,000

79,966

2,182

12,881

895,029

DEPRECIATION

At 1 April 2024

-

56,989

1,905

8,805

67,699

Charge for year

-

5,744

69

1,019

6,832

At 31 March 2025

-

62,733

1,974

9,824

74,531

NET BOOK VALUE

At 31 March 2025

800,000

17,233

208

3,057

820,498

At 31 March 2024

1,000,000

22,977

277

4,076

1,027,330

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2025

800,000

79,966

2,182

12,881

895,029

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

648

333

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

246,741

246,741

Trade creditors

(1

)

1,192

Other creditors

643,177

648,640

889,917

896,573

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company had an outstanding directors loan in the names of Mr P and Mrs S Burrows of £648,640 (2023: £755,533) at the year end. This is included in other creditors in note 8. This loan is interest free and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by the three directors, Mr P R Burrows, Mrs S J Burrows and Mr P L Burrows, by virtue of the fact that between them they own 100% of the company's issued share capital.