MADS Property Group Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10003710 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

MADS PROPERTY GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Scappaticci

Mrs D A Scappaticci

REGISTERED OFFICE:

26 Birch Grove

Eastleigh

United Kingdom

SO50 4PY

REGISTERED NUMBER:

10003710 (England and Wales)

ACCOUNTANTS:

Graham Martin & Co

Accountants

89 Leigh Road

Eastleigh

Hampshire

SO50 9DQ

FIXED ASSETS

Tangible assets

4

-

Investments

5

100

Investment property

6

122,500

122,600

CURRENT ASSETS

Debtors

7

11,924

11,674

Cash at bank

7,429

8,732

19,353

20,406

CREDITORS

Amounts falling due within one year

8

1,645

1,646

NET CURRENT ASSETS

17,708

18,760

TOTAL ASSETS LESS CURRENT
LIABILITIES

140,308

141,360

CREDITORS

Amounts falling due after more than one
year

9

(126,690

)

(132,709

)

PROVISIONS FOR LIABILITIES

(3,901

)

(3,901

)

NET ASSETS

9,717

4,750

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

10

16,632

Retained earnings

(7,015

)

(11,982

)

SHAREHOLDERS' FUNDS

9,717

4,750

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st October 2025 and were signed on its behalf by:

Mrs D A Scappaticci - Director

1.	STATUTORY INFORMATION

MADS Property Group Ltd 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.

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

and

Computer

fittings

equipment

Totals

£

COST

At 1st April 2024

and 31st March 2025

43

1,385

1,428

DEPRECIATION

At 1st April 2024

and 31st March 2025

43

1,385

1,428

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st April 2024

and 31st March 2025

100

NET BOOK VALUE

At 31st March 2025

100

At 31st March 2024

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

122,500

NET BOOK VALUE

At 31st March 2025

122,500

At 31st March 2024

122,500

Fair value at 31st March 2025 is represented by:

£

Valuation in 2024

20,533

Cost

101,967

122,500

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

101,967

Investment property was valued on open market basis on 31st March 2024 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

11,900

11,650

Other debtors

24

11,924

11,674

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

1,645

1,646

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Other creditors

126,690

132,709

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

68,250

10.

RESERVES

Fair

value

reserve

£

At 1st April 2024

and 31st March 2025

16,632

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

M J Scappaticci and Mrs D A Scappaticci

Balance outstanding at start of year

64,459

69,773

Amounts advanced

524

1,241

Amounts repaid

(6,543

)

(6,555

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

58,440

64,459

12.	RELATED PARTY DISCLOSURES

As at 31st March 2025 the company had loaned Warnford Calf Shed Limited £11,900 (2024: £11,650). This interest free loan is repayable on demand. The company owns 50% of the shares in Warnford Calf Shed Limited.

13.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, and equal shareholders, Mrs D.A. Scappaticci and M.J. Scappaticci.