REGISTERED NUMBER: 04833603 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Madeley Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C M Crow

R A Ward

Mrs J M Ward

SECRETARY:

Mrs J M Ward

REGISTERED OFFICE:

Netherset Hey Farm

Netherset Lane

Madeley

Crewe

Staffordshire

CW3 9PD

REGISTERED NUMBER:

04833603 (England and Wales)

FIXED ASSETS

Investments

4

82,969

90,129

Investment property

5

3,000,000

3,000,000

3,082,969

3,090,129

CURRENT ASSETS

Debtors

6

177,433

179,910

Cash at bank and in hand

1,397,229

1,154,809

1,574,662

1,334,719

CREDITORS

Amounts falling due within one year

7

136,142

101,319

NET CURRENT ASSETS

1,438,520

1,233,400

TOTAL ASSETS LESS CURRENT LIABILITIES

4,521,489

4,323,529

PROVISIONS FOR LIABILITIES

320,414

322,204

NET ASSETS

4,201,075

4,001,325

CAPITAL AND RESERVES

Called up share capital

50

50

Fair value reserve

1,025,006

1,030,377

Retained earnings

3,176,019

2,970,898

4,201,075

4,001,325

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

Mrs J M Ward - Director

1.	STATUTORY INFORMATION

Madeley Developments Limited 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.

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

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.

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 Income Statement, 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 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Investments are carried at market value as determined by the valuation reports provided by the investment company.

During the year the investments were revalued by (£7,160). The previous years revaluations were 2024:£3,451, 2023: (£28,849), 2022:

£8,038, 2021: £48,843, 2020: (£19,773), 2019: £4,970, 2018: £9,153, 2017: £9,727, 2016: (£18,709), 2015: £23,278.

On an historical costs basis these would have been included at an original cost of £50,000 (2023: £50,000).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,000,000

NET BOOK VALUE

At 31 March 2025

3,000,000

At 31 March 2024

3,000,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31/03/2024 by RWR Walker FRICS Chartered Surveyors, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. The directors see no reason for the value to have changed since this date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

3,542

-

Amounts owed by group undertakings

173,891

173,891

Other debtors

-

6,019

177,433

179,910

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

222

1,083

Taxation and social security

69,685

67,751

Other creditors

66,235

32,485

136,142

101,319