REGISTERED NUMBER: 06809461 (England and Wales)

MADVENTURE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

W G Thomson

Miss K E Brown

REGISTERED OFFICE:

Ross House

The Square

Stow On The Wold

Gloucestershire

GL54 1AF

REGISTERED NUMBER:

06809461 (England and Wales)

ACCOUNTANTS:

William Hinton Limited

Chartered Accountants

Ross House

The Square

Stow On The Wold

Gloucestershire

GL54 1AF

FIXED ASSETS

Intangible assets

4

54,740

59,160

Tangible assets

5

80,974

130,540

135,714

189,700

CURRENT ASSETS

Debtors

6

283,715

281,535

Cash at bank

418,357

454,803

702,072

736,338

CREDITORS

Amounts falling due within one year

7

644,770

762,297

NET CURRENT ASSETS/(LIABILITIES)

57,302

(25,959

)

TOTAL ASSETS LESS CURRENT LIABILITIES

193,016

163,741

CREDITORS

Amounts falling due after more than one year

8

72,019

10,825

NET ASSETS

120,997

152,916

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

90,997

122,916

SHAREHOLDERS' FUNDS

120,997

152,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 27 May 2026 and were signed on its behalf by:

W G Thomson - Director

1.	STATUTORY INFORMATION

Madventure 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% per annum on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% per annum on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2025 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

68,000

AMORTISATION

At 1 April 2025

8,840

Charge for year

4,420

At 31 March 2026

13,260

NET BOOK VALUE

At 31 March 2026

54,740

At 31 March 2025

59,160

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

376,238

Additions

11,630

At 31 March 2026

387,868

DEPRECIATION

At 1 April 2025

245,698

Charge for year

61,196

At 31 March 2026

306,894

NET BOOK VALUE

At 31 March 2026

80,974

At 31 March 2025

130,540

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by participating interests

256,784

256,784

Other debtors

26,931

24,751

283,715

281,535

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,940

2,837

Taxation and social security

51,335

16,361

Other creditors

590,495

743,099

644,770

762,297

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

72,019

10,825

9.	RELATED PARTY DISCLOSURES

As at 31 March 2026, Dragoman Limited owed Madventure Limited £256,784 (2025 £256,784).