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Registration number: 14481467

Madcat Productions (Hampshire) Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

Madcat Productions (Hampshire) Ltd

Contents

Company Information | 1
Director's Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Statement of Comprehensive Income | 5
Balance Sheet | 6
Statement of Changes in Equity | 7
Notes to the Unaudited Financial Statements | 8 to 12

Madcat Productions (Hampshire) Ltd

Company Information

Director | Mr Paul Farruiga

Company secretary | Britannia Accountancy & Tax Services Ltd

Registered office | 1633 Parkway Whiteley Fareham Hampshire PO15 7AH

Accountants | Britannia Accountancy & Tax Services Ltd 1633 Parkway Whiteley Fareham Hampshire PO15 7AH

Madcat Productions (Hampshire) Ltd

Director's Report for the Year Ended 31 March 2025

The director presents his report and the financial statements for the year ended 31 March 2025.

Director of the company

The director who held office during the year was as follows:

Mr Paul Farruiga

Principal activity

The principal activity of the company is general building and refurbishment

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the director on 4 October 2025 and signed on its behalf by:

......................................... Mr Paul Farruiga Director |  |

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Madcat Productions (Hampshire) Ltd
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Madcat Productions (Hampshire) Ltd for the year ended 31 March 2025 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Madcat Productions (Hampshire) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Madcat Productions (Hampshire) Ltd and state those matters that we have agreed to state to the Board of Directors of Madcat Productions (Hampshire) Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Madcat Productions (Hampshire) Ltd and its Board of Directors as a body for our work or for this report. To the best of our knowledge at the time of preparation; all information contained in this report is accurate, based upon the information and representations made to us by Madcat Productions (Hampshire) Ltd

It is your duty to ensure that Madcat Productions (Hampshire) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Madcat Productions (Hampshire) Ltd. You consider that Madcat Productions (Hampshire) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Madcat Productions (Hampshire) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Britannia Accountancy & Tax Services Ltd
1633 Parkway
Whiteley
Fareham
Hampshire
PO15 7AH

4 October 2025

Madcat Productions (Hampshire) Ltd

Profit and Loss Account for the Year Ended 31 March 2025

| Note | 2025 £ | 2024 £
Turnover |  | 58,761 | 50,000
Cost of sales |  | (8,088) | (1,696)
Gross profit |  | 50,673 | 48,304
Administrative expenses |  | (46,655) | (46,635)
Operating profit |  | 4,018 | 1,669
Profit before tax | 4 | 4,018 | 1,669
Profit for the financial year |  | 4,018 | 1,669

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Madcat Productions (Hampshire) Ltd

Statement of Comprehensive Income for the Year Ended 31 March 2025

| 2025 £ | 2024 £
Profit for the year | 4,018 | 1,669
Total comprehensive income for the year | 4,018 | 1,669

Madcat Productions (Hampshire) Ltd

(Registration number: 14481467)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 5 | 171,500 | 196,000
Tangible assets | 6 | 14,680 | 17,946
|  | 186,180 | 213,946
Current assets |  |  |
Stocks | 7 | 135,034 | 135,034
Creditors: Amounts falling due within one year | 8 | (214,480) | (246,265)
Net current liabilities |  | (79,446) | (111,231)
Net assets |  | 106,734 | 102,715
Capital and reserves |  |  |
Called up share capital | 9 | 1 | 1
Retained earnings |  | 106,733 | 102,714
Shareholders' funds |  | 106,734 | 102,715

For the financial 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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 4 October 2025

......................................... Mr Paul Farruiga Director |  |

Madcat Productions (Hampshire) Ltd

Statement of Changes in Equity for the Year Ended 31 March 2025

| Share capital £ | Retained earnings £ | Total £
At 1 April 2024 | 1 | 102,715 | 102,716
Profit for the year | - | 4,018 | 4,018
At 31 March 2025 | 1 | 106,733 | 106,734

| Share capital £ | Retained earnings £ | Total £
At 1 April 2023 | 1 | 102,545 | 102,546
Profit for the year | - | 1,669 | 1,669
Dividends | - | (1,500) | (1,500)
At 31 March 2024 | 1 | 102,714 | 102,715

Madcat Productions (Hampshire) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1633 Parkway
Whiteley
Fareham
Hampshire
PO15 7AH

These financial statements were authorised for issue by the director on 4 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Madcat Productions (Hampshire) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Asset class | Depreciation method and rate
Plant and machinery | 18% on net book value
Vehicles | 18% on net book value
Office equipment | 18% on net book value
Furniture and fittings | 18% on net book value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Madcat Productions (Hampshire) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 3,266 | 3,939
Amortisation expense | 24,500 | 24,500

Madcat Productions (Hampshire) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 April 2024 | 245,000 | 245,000
At 31 March 2025 | 245,000 | 245,000
Amortisation
At 1 April 2024 | 49,000 | 49,000
Amortisation charge | 24,500 | 24,500
At 31 March 2025 | 73,500 | 73,500
Carrying amount
At 31 March 2025 | 171,500 | 171,500
At 31 March 2024 | 196,000 | 196,000

6 | Tangible assets

| Other tangible assets £ | Total £
Cost or valuation
At 1 April 2024 | 24,476 | 24,476
At 31 March 2025 | 24,476 | 24,476
Depreciation
At 1 April 2024 | 6,530 | 6,530
Charge for the year | 3,266 | 3,266
At 31 March 2025 | 9,796 | 9,796
Carrying amount
At 31 March 2025 | 14,680 | 14,680
At 31 March 2024 | 17,946 | 17,946

7 | Stocks

| 2025 £ | 2024 £
Work in progress | 135,034 | 135,034

Madcat Productions (Hampshire) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 210,652 | 237,504
Accruals and deferred income |  | 3,828 | 8,761
|  | 214,480 | 246,265

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 210,652 | 237,504

11 | Dividends

Interim dividends paid

| 2025 £ | 2024 £
Interim dividend of £0 (2024 - £1,500) per each Ordinary share | - | 1,500