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REGISTERED NUMBER: 06807850 (England and Wales)













Abbreviated Accounts

for the Year Ended 28 February 2014

for

Madas Limited
Madas Limited (Registered number: 06807850)

Contents of the Abbreviated Accounts
for the Year Ended 28 February 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3
Madas Limited

Company Information
for the Year Ended 28 February 2014







DIRECTORS: Mr P May
H Morrison





REGISTERED OFFICE: 3 Rembrandt Close
Shoeburyness
Essex
SS3 9TB





REGISTERED NUMBER: 06807850 (England and Wales)





ACCOUNTANTS: Beelams Accountancy Limited
42 Barnstaple Road
Thorpe Bay
Southend on Sea
Essex
SS1 3PA
Madas Limited (Registered number: 06807850)

Abbreviated Balance Sheet
28 February 2014

28.2.14 28.2.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 434 867

CURRENT ASSETS
Stocks 800 750
Debtors 54 288
Cash at bank and in hand 14,226 16,063
15,080 17,101
CREDITORS
Amounts falling due within one year 8,054 17,330
NET CURRENT ASSETS/(LIABILITIES) 7,026 (229 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,460

638

PROVISIONS FOR LIABILITIES 87 173
NET ASSETS 7,373 465

CAPITAL AND RESERVES
Called up share capital 3 400 400
Profit and loss account 6,973 65
SHAREHOLDERS' FUNDS 7,373 465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 7 November 2014 and were signed on its
behalf by:




Mr P May - Director

Madas Limited (Registered number: 06807850)

Notes to the Abbreviated Accounts
for the Year Ended 28 February 2014


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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


Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and slow moving items.

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2013
and 28 February 2014 1,300
DEPRECIATION
At 1 March 2013 433
Charge for year 433
At 28 February 2014 866
NET BOOK VALUE
At 28 February 2014 434
At 28 February 2013 867

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.14 28.2.13
value: £    £   
400 Ordinary 1 400 400

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