Madelkat Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08209403

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,439		-
Investments	5		11,940		11,940

			13,379		11,940
CURRENT ASSETS
Debtors	6	73,149		100,353
Cash at bank and in hand		4,314		9,799

		77,463		110,152
Creditors: Amounts Falling Due Within One Year	7	(58,542 )		(67,635 )

NET CURRENT ASSETS (LIABILITIES)			18,921		42,517

TOTAL ASSETS LESS CURRENT LIABILITIES			32,300		54,457

NET ASSETS			32,300		54,457

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			32,200		54,357

SHAREHOLDERS' FUNDS			32,300		54,457

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Madelkat Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

N J Barnes

Director

2 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Madelkat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08209403 . The registered office is C/O BWBCA Limited Office 44, A30 Business Centre, Okehampton, Devon, EX20 1BG.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

50% on cost

2.3. 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 material 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.

2.4. Fixed Asset Investments

The investments held are not publicly traded. It is not possible to measure fair value reliably and the investments are therefore valued at cost less impairment. The directors do not consider that the cost has been impaired during the year.

2.5. Other Operating Income

Other operating income represents income from the company's investment in a partnership, included on a receivables basis.

3. Average Number of Employees

Average number of employees during the year was: NIL (2024: NIL)

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Madelkat Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	17,918
Additions	1,645

As at 31 March 2025	19,563

Depreciation
As at 1 April 2024	17,918
Provided during the period	206

As at 31 March 2025	18,124

Net Book Value
As at 31 March 2025	1,439

As at 1 April 2024	-

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2024	11,940

As at 31 March 2025	11,940

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	11,940

As at 1 April 2024	11,940

6. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by participating interests	14,949	35,294
Other debtors	58,200	65,059

	73,149	100,353

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Madelkat Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	420	-
Other creditors	8,593	8,814
Taxation and social security	49,529	58,821

	58,542	67,635

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
51 Ordinary A shares of £ 1.00 each	51	51
49 Ordinary B shares of £ 1.00 each	49	49

	100	100

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
N J Barnes & M C Barnes	64,898	154,936	161,796	-	58,038

Interest has been charged on overdrawn loan account balances at the approved HM Revenue & Customs rates. The loan was repaid shortly after the year end.

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