1 January 2025 false No description of principal activity Taxfiler 2024.6 15329146business:PrivateLimitedCompanyLtd2025-01-012025-12-31 153291462024-12-31 153291462025-01-012025-12-31 15329146business:AuditExempt-NoAccountantsReport2025-01-012025-12-31 15329146business:FilletedAccounts2025-01-012025-12-31 153291462025-12-31 15329146business:Director12025-01-012025-12-31 153291462024-12-31 15329146core:WithinOneYear2025-12-31 15329146core:WithinOneYear2024-12-31 15329146core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 15329146core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 15329146core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 15329146core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 15329146core:PreviouslyStatedAmount2025-12-31 15329146core:PreviouslyStatedAmount2024-12-31 15329146business:SmallEntities2025-01-012025-12-31 15329146countries:EnglandWales2025-01-012025-12-31 15329146core:FurnitureFittings2025-01-012025-12-31 15329146core:ComputerEquipment2025-01-012025-12-31 15329146core:FurnitureFittings2024-12-31 15329146core:ComputerEquipment2024-12-31 15329146core:FurnitureFittings2025-12-31 15329146core:ComputerEquipment2025-12-31 153291462023-12-052024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 15329146 (England and Wales)
Modica Limited Unaudited accounts for the year ended 31 December 2025
Modica Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Modica Limited Company Information for the year ended 31 December 2025
Director
MICHAEL ROBERT CASTELLI-COATS
Company Number
15329146 (England and Wales)
- 3 -
Modica Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,048 
2,800 
Current assets
Cash at bank and in hand
15,321 
54,673 
Creditors: amounts falling due within one year
5
(9,099)
(23,315)
Net current assets
6,222 
31,358 
Net assets
10,270 
34,158 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
10,269 
34,157 
Shareholders' funds
10,270 
34,158 
For the year ending 31 December 2025 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 director acknowledges his 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 and authorised for issue on 5 June 2026 and were signed on its behalf by
MICHAEL ROBERT CASTELLI-COATS Director Company Registration No. 15329146
- 4 -
Modica Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Modica Limited is a private company, limited by shares, registered in England and Wales, registration number 15329146.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
5 Year Straight line basis
Computer equipment
5 Year Straight line basis
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
3,151 
349 
3,500 
Additions
2,435 
- 
2,435 
At 31 December 2025
5,586 
349 
5,935 
Depreciation
At 1 January 2025
630 
70 
700 
Charge for the year
1,117 
70 
1,187 
At 31 December 2025
1,747 
140 
1,887 
Net book value
At 31 December 2025
3,839 
209 
4,048 
At 31 December 2024
2,521 
279 
2,800 
- 5 -
Modica Limited Notes to the Accounts for the year ended 31 December 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
5,698 
2,209 
Taxes and social security
2,311 
19,418 
Other creditors
1,090 
849 
Loans from directors
- 
839 
9,099 
23,315 
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -