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REGISTERED NUMBER: 11780385 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

MADDOCWELL LIMITED
MADDOCWELL LIMITED (REGISTERED NUMBER: 11780385)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


MADDOCWELL LIMITED (REGISTERED NUMBER: 11780385)

BALANCE SHEET
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,919 4,156
Investment property 5 1,400,000 1,400,000
1,401,919 1,404,156

CURRENT ASSETS
Debtors 6 1,766 -
Cash at bank 14,759 61,912
16,525 61,912
CREDITORS
Amounts falling due within one year 7 688,736 725,463
NET CURRENT LIABILITIES (672,211 ) (663,551 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
729,708
740,605

CREDITORS
Amounts falling due after more than one
year
8
(401,033
)
(424,358
)

PROVISIONS FOR LIABILITIES (95,000 ) (93,000 )
NET ASSETS 233,675 223,247

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 233,575 223,147
SHAREHOLDERS' FUNDS 233,675 223,247

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 notes form part of these financial statements

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MADDOCWELL LIMITED (REGISTERED NUMBER: 11780385)

BALANCE SHEET - continued
31 JANUARY 2025


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 22 October 2025 and were signed on its behalf by:




A J M Cripwell - Director



C H P Cripwell - Director


The notes form part of these financial statements

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MADDOCWELL LIMITED (REGISTERED NUMBER: 11780385)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Maddocwell Limited is a private company, limited by shares, registered in England and Wales. The company's registration number is 11780385. The registered office is Homehouse, Tanhouse Lane, Cradley, Herefordshire, WR13 5JY.

The presentation currency is in Sterling, which is also the functional currency of the company.

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 represents rental income received.

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 4 (2024 - 4 ) .

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MADDOCWELL LIMITED (REGISTERED NUMBER: 11780385)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024
and 31 January 2025 8,949
DEPRECIATION
At 1 February 2024 4,793
Charge for year 2,237
At 31 January 2025 7,030
NET BOOK VALUE
At 31 January 2025 1,919
At 31 January 2024 4,156

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 1,400,000
NET BOOK VALUE
At 31 January 2025 1,400,000
At 31 January 2024 1,400,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2021 330,405
Valuation in 2022 30,590
Valuation in 2024 123,379
Cost 915,626
1,400,000

Investment property was valued on an open market basis as at 31 January 2025 by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Other debtors 1,766 -

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MADDOCWELL LIMITED (REGISTERED NUMBER: 11780385)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 22,205 21,185
Trade creditors 990 -
Other creditors 665,541 704,278
688,736 725,463

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans 401,033 424,358

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 301,824 329,705

9. SECURED DEBTS

The following secured debts are included within creditors:

31.1.25 31.1.24
£    £   
Bank loans 423,238 445,543

10. RELATED PARTY DISCLOSURES

The company receives rent from a company controlled by certain of the directors. During the year the company received rent of £12,000 (2024 - £8,000).

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