Company Registration No. 07857453 (England and Wales)
Mapada Ltd
Unaudited accounts
for the year ended 31 March 2025
Mapada Ltd
Unaudited accounts
Contents
Mapada Ltd
Company Information
for the year ended 31 March 2025
Company Number
07857453 (England and Wales)
Registered Office
Unit 2
Coombe Avenue
Croydon
CR0 5SD
Mapada Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
65,022
70,698
Cash at bank and in hand
36,215
65,885
Creditors: amounts falling due within one year
(425,773)
(324,048)
Net current (liabilities)/assets
(994)
61,735
Total assets less current liabilities
64,028
132,433
Creditors: amounts falling due after more than one year
(38,809)
(51,715)
Called up share capital
150
150
Profit and loss account
25,069
80,568
Shareholders' funds
25,219
80,718
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 director acknowledges his 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 and authorised for issue on 11 September 2025 and were signed on its behalf by
D Stone
Director
Company Registration No. 07857453
Mapada Ltd
Notes to the Accounts
for the year ended 31 March 2025
Mapada Ltd is a private company, limited by shares, registered in England and Wales, registration number 07857453. The registered office is Unit 2 , Coombe Avenue, Croydon, CR0 5SD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
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.
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Motor vehicles
20% on cost
Fixtures & fittings
25% on cost
Computer equipment
33% on cost
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Mapada Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
6,285
126,289
19,786
16,526
168,886
Additions
4,873
16,500
1,798
6,908
30,079
At 31 March 2025
11,158
142,789
21,584
23,434
198,965
At 1 April 2024
4,455
64,025
14,356
15,352
98,188
Charge for the year
1,828
27,692
3,245
2,990
35,755
At 31 March 2025
6,283
91,717
17,601
18,342
133,943
At 31 March 2025
4,875
51,072
3,983
5,092
65,022
At 31 March 2024
1,830
62,264
5,430
1,174
70,698
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
37,872
62,264
Amounts falling due within one year
Trade debtors
289,514
243,351
Accrued income and prepayments
53,278
69,402
Other debtors
45,772
7,145
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
33,384
5,556
Obligations under finance leases and hire purchase contracts
22,934
14,774
Trade creditors
269,149
238,853
Taxes and social security
67,058
42,192
Other creditors
25,748
13,818
Mapada Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
702
22,548
Aggregate of amounts that fall due for payment after five years
1,389
6,944
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150
150
9
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
34,907
34,907
Later than one year and not later than five years
6,141
31,048
As at 1 April 2024, the director owed the company £5,095. During the year, the company loaned the director £58,627 and the director repaid the company £20,000. As at 31 March 2025, the director owed the company £43,722. No interest was charged on these transactions and it is repayable on demand.
11
Average number of employees
During the year the average number of employees was 19 (2024: 16).