REGISTERED NUMBER: 10553060 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Mad Homes Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

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

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

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 ) .

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.

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.