MAD DEVELOPMENTS LIMITED

Company Registration Number:
03990000 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2025

Period of accounts

Start date: 01 June 2024

End date: 31 May 2025

MAD DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2025

Balance sheet
Notes

MAD DEVELOPMENTS LIMITED

Balance sheet

As at 31 May 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 6,999,987 5,016,855
Total fixed assets: 6,999,987 5,016,855
Current assets
Stocks: 15,920 525
Debtors:   823,044 771,176
Cash at bank and in hand: 220,583 500,538
Total current assets: 1,059,547 1,272,239
Creditors: amounts falling due within one year:   (3,131,486) (3,120,871)
Net current assets (liabilities): (2,071,939) (1,848,632)
Total assets less current liabilities: 4,928,048 3,168,223
Creditors: amounts falling due after more than one year:   (3,584,440) (3,495,932)
Total net assets (liabilities): 1,343,608 (327,709)
Capital and reserves
Called up share capital: 96 96
Revaluation reserve:41,549,3380
Profit and loss account: (205,826) (327,805)
Shareholders funds: 1,343,608 (327,709)

The notes form part of these financial statements

MAD DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 May 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 July 2025
and signed on behalf of the board by:

Name: D Demetriou
Status: Director

The notes form part of these financial statements

MAD DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAD DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

2. Employees

2025 2024
Average number of employees during the period 7 6

MAD DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Tangible Assets

Total
Cost £
At 01 June 2024 5,315,601
Additions 484,368
Revaluations 1,549,338
At 31 May 2025 7,349,307
Depreciation
At 01 June 2024 298,746
Charge for year 50,574
At 31 May 2025 349,320
Net book value
At 31 May 2025 6,999,987
At 31 May 2024 5,016,855

MAD DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Revaluation reserve

2025
£
Balance at 01 June 2024 0
Surplus or deficit after revaluation 1,549,338
Balance at 31 May 2025 1,549,338