MADD RECOVERY LIMITED


Director	TODD, Marc Iain


Registered Address	106 Mitchell Street
	Coatbridge
	ML5 5RF


Registered Number	SC684878 (Scotland)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		120,177		164,152
			120,177		164,152
Current assets
Debtors		3,914		5,118
Cash at bank and on hand		14,086		13,400
		18,000		18,518
Creditors amounts falling due within one year	4	(183,894)		(204,087)
Net current assets (liabilities)			(165,894)		(185,569)
Total assets less current liabilities			(45,717)		(21,417)
Net assets			(45,717)		(21,417)
Capital and reserves
Profit and loss account			(45,717)		(21,417)
Shareholders' funds			(45,717)		(21,417)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 17 September 2025, and are signed on its behalf by:

TODD, Marc Iain
Director
Registered Company No. SC684878

MADD RECOVERY LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 February 24	194,121	-	194,121
Additions	9,330	500	9,830
Disposals	(50,000)	-	(50,000)
At 31 January 25	153,451	500	153,951
Depreciation and impairment
At 01 February 24	29,969	-	29,969
Charge for year	22,416	139	22,555
On disposals	(18,750)	-	(18,750)
At 31 January 25	33,635	139	33,774
Net book value
At 31 January 25	119,816	361	120,177
At 31 January 24	164,152	-	164,152

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	79,839	103,918
Bank borrowings and overdrafts	95,810	84,121
Taxation and social security	8,245	16,048
Total	183,894	204,087


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year