Madajo Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08610891 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2017

for

Madajo Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Stocks

2,327

-

Cash at bank and in hand

494

42

2,821

42

CREDITORS

Amounts falling due within one year

4

128,855

117,875

NET CURRENT LIABILITIES

(126,034

)

(117,833

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(126,034

)

(117,833

)

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(126,044

)

(117,843

)

SHAREHOLDERS' FUNDS

(126,034

)

(117,833

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 17 April 2018 and were signed on its behalf by:

J A Coren - Director

1.	STATUTORY INFORMATION

Madajo Ltd is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address are as below:

Registered number:

08610891

Registered office:

Treviot House

186-192 High Road

Ilford

Essex

IG1 1LR

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities"

of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of

Ireland" and the Companies Act 2006.

Turnover

Turnover represents total securities sold in the year.

Stocks

Securities are measured at the market rate as at the year end.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The balance sheet at the end of the year recorded net current liabilities. However, the directors believes that

sufficient financial resources are available to the company to enable it to continue trading into the foreseeable

future. Therefore, the financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

128,855

117,875

5.	FIRST YEAR ADOPTION

There are no adjustments to be shown in a Reconciliation of Equity as at 1st August 2015 (date of transition to

FRS102).

There are also no adjustments to be made in the Reconciliation of Equity as at 31st July 2016, or in the

Reconciliation of Profit for the year ended 31st July 2016, as a result of the transition to FRS102.