REGISTERED NUMBER: 14208463 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2026

FOR

MADEL HOMES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Madel

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh-On-Sea

Essex

SS9 2UA

REGISTERED NUMBER:

14208463 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

35,814

806

Investment property

5

560,000

555,662

595,814

556,468

CURRENT ASSETS

Debtors

6

-

4,553

Cash at bank and in hand

2,459

896

2,459

5,449

CREDITORS

Amounts falling due within one year

7

179,400

180,484

NET CURRENT LIABILITIES

(176,941

)

(175,035

)

TOTAL ASSETS LESS CURRENT LIABILITIES

418,873

381,433

CREDITORS

Amounts falling due after more than one year

8

(419,209

)

(383,441

)

PROVISIONS FOR LIABILITIES

(1,084

)

-

NET LIABILITIES

(1,420

)

(2,008

)

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable profits

reserve

9

3,253

-

Retained earnings

(4,773

)

(2,108

)

SHAREHOLDERS' FUNDS

(1,420

)

(2,008

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 October 2026 and were signed by:

M Madel - Director

1.	STATUTORY INFORMATION

Madel Homes Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 August 2025

1,683

-

1,683

Additions

-

47,215

47,215

At 31 July 2026

1,683

47,215

48,898

DEPRECIATION

At 1 August 2025

877

-

877

Charge for year

403

11,804

12,207

At 31 July 2026

1,280

11,804

13,084

NET BOOK VALUE

At 31 July 2026

403

35,411

35,814

At 31 July 2025

806

-

806

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

47,215

At 31 July 2026

47,215

DEPRECIATION

Charge for year

11,804

At 31 July 2026

11,804

NET BOOK VALUE

At 31 July 2026

35,411

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2025

555,662

Revaluations

4,338

At 31 July 2026

560,000

NET BOOK VALUE

At 31 July 2026

560,000

At 31 July 2025

555,662

Fair value at 31 July 2026 is represented by:

£

Valuation in 2026

4,338

Cost

555,662

560,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

-

4,461

Prepayments

-

92

-

4,553

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

5,096

-

Trade creditors

-

399

Other creditors

1,585

1,410

Directors' current accounts

171,159

177,235

Accrued expenses

1,560

1,440

179,400

180,484

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans more 5yrs non-inst

383,441

383,441

Hire purchase contracts

35,768

-

419,209

383,441

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

383,441

383,441

9.

RESERVES

Non-distributable

profits

reserve

£

Movement in year

3,253

At 31 July 2026

3,253