Maldis Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13305255

Maldis Limited

Filleted Unaudited Financial Statements

31 December 2025

Maldis Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Maldis Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Investments	5		–		8

Current assets

Stocks		4,113,240	4,052,737
Debtors	6	34,558	3,104
Cash at bank and in hand		353	730,991
		------------	------------
		4,148,151	4,786,832

Creditors: amounts falling due within one year	7	4,514,241		5,084,800
		------------		------------
Net current liabilities			366,090		297,968
			---------		---------
Total assets less current liabilities			( 366,090)		( 297,960)
			---------		---------
Net liabilities			( 366,090)		( 297,960)
			---------		---------

Capital and reserves

Called up share capital	8	600	600
Profit and loss account		( 366,690)	( 298,560)
		---------	---------
Shareholders deficit		( 366,090)	( 297,960)
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Maldis Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 24 August 2026 , and are signed on behalf of the board by:

Mr W Brodie

Director

Company registration number: 13305255

Maldis Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, CM2 0AW, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the directors. The directors have indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue trading. Therefore the directors consider the going concern basis is appropriate.

Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. Profit is recognised when there is a reliable estimate for the profit to be calculated.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 3 ).

5. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025	8
Disposals	( 8)
	----
At 31 December 2025	–
	----
Impairment
At 1 January 2025 and 31 December 2025	–
	----

Carrying amount
At 31 December 2025	–
	----
At 31 December 2024	8
	----

6. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	27,776	2,578
Other debtors	6,782	526
	--------	-------
	34,558	3,104
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	36,000	4,346
Amounts owed to group undertakings	3,681,502	3,935,551
Accruals and deferred income	219,167	229,217
Director loan accounts	577,572	915,686
	------------	------------
	4,514,241	5,084,800
	------------	------------

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	400	400	400	400
Ordinary B shares of £ 1 each	200	200	200	200
	----	----	----	----
	600	600	600	600
	----	----	----	----

9. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Other related parties	–	–	1,798	( 3,932,965)
Directors loan accounts	–	–	( 577,572)	( 915,686)
	----	----	---------	------------

The company has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with wholly owned subsidiaries within the group.

10. Controlling party

The ultimate parent undertaking is Brodie Property Group Limited, a company incorporated in England and Wales. The registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.