IRIS Accounts Production v26.1.10.61 10553060 director 1.1.25 31.12.25 31.12.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10553060 2024-12-31 10553060 2025-12-31 10553060 2025-01-01 2025-12-31 10553060 2023-12-31 10553060 2024-01-01 2024-12-31 10553060 2024-12-31 10553060 ns15:EnglandWales 2025-01-01 2025-12-31 10553060 ns14:PoundSterling 2025-01-01 2025-12-31 10553060 ns10:Director1 2025-01-01 2025-12-31 10553060 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10553060 ns10:SmallEntities 2025-01-01 2025-12-31 10553060 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10553060 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 10553060 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10553060 ns10:FullAccounts 2025-01-01 2025-12-31 10553060 ns10:RegisteredOffice 2025-01-01 2025-12-31 10553060 ns5:CurrentFinancialInstruments 2025-12-31 10553060 ns5:CurrentFinancialInstruments 2024-12-31 10553060 ns5:Non-currentFinancialInstruments 2025-12-31 10553060 ns5:Non-currentFinancialInstruments 2024-12-31 10553060 ns5:ShareCapital 2025-12-31 10553060 ns5:ShareCapital 2024-12-31 10553060 ns5:RevaluationReserve 2025-12-31 10553060 ns5:RevaluationReserve 2024-12-31 10553060 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 10553060 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 10553060 ns5:ComputerEquipment 2025-01-01 2025-12-31 10553060 ns5:LandBuildings 2024-12-31 10553060 ns5:LeaseholdImprovements 2024-12-31 10553060 ns5:ComputerEquipment 2024-12-31 10553060 ns5:LandBuildings 2025-01-01 2025-12-31 10553060 ns5:LeaseholdImprovements 2025-01-01 2025-12-31 10553060 ns5:LandBuildings 2025-12-31 10553060 ns5:LeaseholdImprovements 2025-12-31 10553060 ns5:ComputerEquipment 2025-12-31 10553060 ns5:LandBuildings 2024-12-31 10553060 ns5:LeaseholdImprovements 2024-12-31 10553060 ns5:ComputerEquipment 2024-12-31 10553060 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-12-31 10553060 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-12-31 10553060 ns5:Non-currentFinancialInstruments 2025-01-01 2025-12-31 10553060 ns5:RevaluationReserve 2024-12-31

REGISTERED NUMBER: 10553060 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Mad Homes Limited

Mad Homes Limited (Registered number: 10553060)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

Mad Homes Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTOR: | Ms M S Argueta de Harvey

| REGISTERED OFFICE: | The Retreat

| 406 Roding Lane South

| Woodford Green

| Essex

| IG8 8EY

| REGISTERED NUMBER: | 10553060 (England and Wales)

| ACCOUNTANTS: | Nordens

| The Retreat

| 406 Roding Lane South

| Woodford Green

| Essex

| IG8 8EY

Mad Homes Limited (Registered number: 10553060)

Statement of Financial Position

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 336,637 |  | 304,637 |  |

CURRENT ASSETS

Cash at bank | 2,848 |  | 3,481 |  |

CREDITORS

Amounts falling due within one year | 5 | 118,555 |  | 121,300 |  |

NET CURRENT LIABILITIES | (115,707 | ) | (117,819 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 220,930 |  | 186,818 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (87,600 | ) | (87,601 | ) |

PROVISIONS FOR LIABILITIES | (33,402 | ) | - |  |

NET ASSETS | 99,928 |  | 99,217 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Revaluation reserve | 7 | 154,164 |  | 122,164 |  |

Retained earnings | (54,238 | ) | (22,949 | ) |

99,928 |  | 99,217 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 7 July 2026 and were signed by:

Ms M S Argueta de Harvey - Director

Mad Homes Limited (Registered number: 10553060)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Mad Homes 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 as modified by the revaluation of certain assets.

| Turnover

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

| Tangible fixed assets

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

| Computer equipment | - | 25% on reducing balance

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2024 - 1 ) .

Mad Homes Limited (Registered number: 10553060)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Improvements |

| Freehold |  | to |  | Computer |

| property |  | property |  | equipment |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 1 January 2025 | 283,000 |  | 21,637 |  | 200 |  | 304,837 |  |

| Revaluations | 32,000 |  | - |  | - |  | 32,000 |  |

| At 31 December 2025 | 315,000 |  | 21,637 |  | 200 |  | 336,837 |  |

| DEPRECIATION

| At 1 January 2025

| and 31 December 2025 | - |  | - |  | 200 |  | 200 |  |

| NET BOOK VALUE

| At 31 December 2025 | 315,000 |  | 21,637 |  | - |  | 336,637 |  |

| At 31 December 2024 | 283,000 |  | 21,637 |  | - |  | 304,637 |  |

| Cost or valuation at 31 December 2025 is represented by:

| Improvements |

| Freehold |  | to |  | Computer |

| property |  | property |  | equipment |  | Totals

£ | £ | £ | £ |

| Valuation in 2025 | 315,000 |  | 21,637 |  | 200 |  | 336,837 |  |

| If properties had not been revalued they would have been included at the following historical cost:

| 31.12.25 |  | 31.12.24

£ | £ |

| Cost | 160,836 |  | 160,836 |  |

| Properties were valued on an open market basis on 31 December 2025 by Ms M S Argueta de Harvey. .

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Other creditors | 118,555 |  | 121,300 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Other creditors | 87,600 |  | 87,601 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Other loans more 5yrs non-inst | 87,600 |  | 87,601 |  |

| Other creditors represents a mortgage for the properties held; this mortgage has a charge over two of the properties.

Mad Homes Limited (Registered number: 10553060)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | RESERVES

| Revaluation

| reserve

£ |

| At 1 January 2025 | 122,164 |  |

| Revaluation on property | 32,000 |  |

| At 31 December 2025 | 154,164 |  |

8. | RELATED PARTY DISCLOSURES

| The Director, Ms M S Argueta de Harvey, is considered to be key management personnel.