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Company Registration No. 12051429 (England and Wales)
The Mad Potter Limited Unaudited accounts for the year ended 31 March 2026
The Mad Potter Limited Unaudited accounts Contents
Page
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The Mad Potter Limited Company Information for the year ended 31 March 2026
Directors
Steve Harrison Julia Harrison
Secretary
Julia Harrison
Company Number
12051429 (England and Wales)
Registered Office
40 Brodie Road Enfield Middlesex EN2.0ET UK
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The Mad Potter Limited Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,729 
28,594 
Current assets
Inventories
1,800 
1,800 
Debtors
81,212 
- 
Cash at bank and in hand
1,860,971 
1,534,035 
1,943,983 
1,535,835 
Creditors: amounts falling due within one year
(150,660)
(155,174)
Net current assets
1,793,323 
1,380,661 
Total assets less current liabilities
1,815,052 
1,409,255 
Provisions for liabilities
Deferred tax
(5,433)
(7,149)
Net assets
1,809,619 
1,402,106 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
1,809,589 
1,402,076 
Shareholders' funds
1,809,619 
1,402,106 
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2026 and were signed on its behalf by
Steve Harrison Director Company Registration No. 12051429
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The Mad Potter Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
The Mad Potter Limited is a private company, limited by shares, registered in England and Wales, registration number 12051429. The registered office is 40 Brodie Road, Enfield, Middlesex, EN2.0ET, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers and when the risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
12.5%
Computer equipment
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation., at an annual rate of 33.3%.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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The Mad Potter Limited Notes to the Accounts for the year ended 31 March 2026
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2025
9,000 
At 31 March 2026
9,000 
Amortisation
At 1 April 2025
9,000 
At 31 March 2026
9,000 
Net book value
At 31 March 2026
- 
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
40,181 
8,262 
48,443 
At 31 March 2026
40,181 
8,262 
48,443 
Depreciation
At 1 April 2025
15,441 
4,408 
19,849 
Charge for the year
5,023 
1,842 
6,865 
At 31 March 2026
20,464 
6,250 
26,714 
Net book value
At 31 March 2026
19,717 
2,012 
21,729 
At 31 March 2025
24,740 
3,854 
28,594 
6
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
512 
- 
Trade debtors
80,700 
- 
81,212 
- 
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The Mad Potter Limited Notes to the Accounts for the year ended 31 March 2026
7
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
- 
7,971 
Taxes and social security
140,995 
140,452 
Loans from directors
6,471 
3,827 
Accruals
3,194 
2,924 
150,660 
155,174 
8
Share capital
2026 
2025 
£ 
£ 
Allotted, called up and fully paid:
30 Ordinary shares of £1 each
30 
30 
9
Transactions with related parties
The balance on the directors` current accounts with the company at the balance sheet date was: S.C.Harrison £2,890 credit (2025: £1,586 credit), owed by the company to the director; J.A.Harrison £3,581 credit (2025: £2,241 credit), owed by the company to the director. These amounts owing are unsecured, interest free and repayable on demand, and were in credit throughout the year.
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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