10-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

☒  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Fiscal Year Ended December 31, 2013

OR

☐  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________________ to ________________

Commission File Number 000-50655

Madison Avenue Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware	20-0823997
(State or other jurisdiction of	(IRS. Employer
incorporation or organization)	Identification No.)

3505 Hart Avenue, Suite 201, Rosemead, CA	91770
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code (626)-576-4333

Securities registered pursuant to Section 12(b) of the Act:   None.

Securities registered pursuant to Section 12(g) of the Act:   Common Stock, $.001 par value.

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes ☐     No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Yes ☐     No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☒     No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes  ☐ No  ☒

Indicate by check mark  if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☐ (Do not check if a smaller reporting company)	Smaller reporting company	☒

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  Yes ☒   No ☐

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter.   N/A

Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date: there were 500,000 shares outstanding as of March 24, 2014.

Documents incorporated by reference: None

Madison Avenue Holdings, Inc.

Form 10-K

Fiscal Year Ended December 31, 2013

Table of Contents

		Page
PART I
Item 1.	Business	1
Item 1A.	Risk Factors	1
Item 1B	Unresolved Staff Comments	1
Item 2.	Properties	1
Item 3.	Legal Proceedings	2
Item 4.	Mine Safety Disclosures	2
PART II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	2
Item 6.	Selected Financial Data	2
Item7.	Management's Discussion and Analysis of Financial Condition and Results of Operations	2
Item 7A.	Quantitative and Qualitative Disclosures about Market Risk	3
Item 8.	Financial Statements and Supplementary Data	3
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	3
Item 9A.	Controls and Procedures	4
Item 9B.	Other Information	4
PART III
Item 10.	Directors,  Executive Officers and Corporate Governance	4
Item 11.	Executive Compensation	6
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	6
Item 13.	Certain Relationships and Related Transactions, and Director Independence	6
Item 14	Principal Accounting Fees and Services	6
PART IV
Item 15.	Exhibits, Financial Statement Schedules	7
Signatures		9
Financial Statements		F-1

PART I

ITEM  1.  BUSINESS

GENERAL

Madison Avenue Holdings, Inc. ("MAHI") was incorporated on February 27, 2004 under the laws of the State of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. MAHI has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original shareholders.

On August 16, 2005, Acer Limited ("Acer"), a British Virgin Islands Company owned and controlled by Mr. Cesar Villavicencio which was then the  sole stockholder of MAHI, sold 475,000 shares of MAHI common stock to Mr. Alex Kam for a cash purchase price of $120,000. Such shares constituted 95% of the outstanding capital stock of MAHI. In connection with the sale, MAHI agreed that, in the event that MAHI successfully completes a merger with or acquisition of one or more business entities identified by Mr. Kam (a "Business Combination"), it will issue to Acer such number of shares of its common stock as shall, together with the 25,000 shares currently owned by Acer, constitute 5% of the total issued and outstanding shares of MAHI common stock immediately following consummation of the Business Combination. Also in connection with the sale, Mr. Cesar Villavicencio resigned as sole director and Chief Executive Officer of MAHI and Mr. Kam was elected to both of those positions, making Mr. Kam MAHI's sole director and sole executive officer.

On May 22, 2006, Mr. Kam entered into two separate share purchase agreements with each of Mr. Pan-Rong Liu ("Liu") and Mr. Seung Chi Tang ("Tang"). Under the share purchase agreements, Mr. Kam agreed to sell 118,750 shares of Common Stock to each of Liu and Tang. The purchase price for the Shares under each share purchase agreement was $160,000 and was paid in cash. The share purchase agreements were closed on June 13, 2006. The sale of the shares to Liu and Tang was made so that Liu and Tang would have a  proprietary  stake in MAHI and assist in locating and  negotiating with one or more  business  entities  for the  combination  of that  target company or those target companies with MAHI.

Since 2006 MAHI has attempted to locate and negotiate with one or more business entities for the combination of that target company or those target companies with MAHI. It is anticipated that each combination will take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company would wish to structure the Business Combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended.

No assurances can be given that MAHI will be successful in locating or negotiating with any target company.

MAHI has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934 (the "Exchange Act").

A Business Combination with a target company would normally involve the transfer to the target company of the majority of the issued and outstanding common stock of MAHI and the substitution by the target company of its own management and board of directors for MAHI's current director and Chief Executive Officer.

The proposed business activities described herein classify MAHI as a "blank check" company. The Securities and Exchange Commission and certain states have enacted statutes, rules and regulations limiting the public sale of securities of blank check companies. MAHI does not intend to make any efforts to cause a market to develop in its securities until such time as MAHI has successfully implemented its business plan and it is no longer classified as a blank check company.

No assurances can be given that MAHI will be able to enter into any Business Combination, as to the terms of a business combination, or as to the nature of a target company.

ITEM 1A.  RISK FACTORS

Not applicable.

ITEM 1B.   UNRESOLVED STAFF COMMENTS

Not applicable.

ITEM  2.    PROPERTIES

MAHI has no properties and at this time has no agreements to acquire any properties. MAHI currently uses the offices of Alex Kam at no cost to MAHI. Mr. Kam has agreed to continue this arrangement until MAHI completes a Business Combination. Since MAHI presently has no business operations, it will not require any additional facilities until it completes a Business Combination.

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ITEM  3.    LEGAL PROCEEDINGS

There are no legal proceedings pending or threatened by or against MAHI.

ITEM 4.    MINE SAFETY DISCLOSURES

Not applicable.

PART II

ITEM 5.   MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

(a)  MARKET PRICE. There is no trading market for MAHI's common stock at present and there has been no trading market to date. There is no assurance that a trading market will ever develop or, if such a market does develop, that it will continue.

(b)  HOLDERS. The issued and outstanding shares of the common stock of MAHI were issued in accordance with exemptions from registration under Section 4(2) of the Securities Act of 1933. As of March 24, 2014, there were 500,000 shares of common stock outstanding. The par value per share is $.001. As of March 24, 2014, there are four holders of the common stock issued and outstanding.

(c)  DIVIDENDS. MAHI has not paid any dividends to date, and has no plans to do so in the foreseeable future.

(d)  SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS. We currently do not have any equity compensation plans.

ITEM  6.    SELECTED FINANCIAL DATA

Not applicable.

ITEM  7.    MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The purpose of MAHI is to seek, investigate and, if such investigation warrants, acquire an interest in a business entity which desires to seek the perceived advantages of a corporation which has a class of securities registered under the Exchange Act. MAHI will not restrict its search to any specific business, industry, or geographical location and MAHI may participate in a business venture of virtually any kind or nature. Management anticipates that it will be able to participate in only one potential business venture because MAHI has nominal assets and limited financial resources. This lack of diversification should be considered a substantial risk to the stockholders of MAHI because it will not permit MAHI to offset potential losses from one venture against gains from another.

MAHI may seek a business opportunity with entities which have recently commenced operations, or which wish to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes.

MAHI anticipates that the selection of a business opportunity in which to participate will be complex and extremely risky. MAHI has not conducted any research to confirm that there are business entities seeking the perceived benefits of a reporting corporation. Such perceived benefits may include facilitating or improving the terms on which additional equity financing may be sought, providing liquidity for incentive stock options or similar benefits to key employees, increasing the opportunity to use securities for acquisitions, providing liquidity for stockholders and other factors. Business opportunities may be available in many different industries and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities difficult and complex.

MAHI has, and will continue to have, minimal capital with which to provide the owners of business entities with any cash or other assets; however, MAHI offers owners of acquisition candidates the opportunity to acquire a controlling ownership interest in a reporting company without the time required to become a reporting company by other means. MAHI has not conducted market research and is not aware of statistical data to support the perceived benefits of a business combination for the owners of a target company.

The analysis of new business opportunities will be undertaken by, or under the supervision of, the officers and sole director of MAHI, who are not professional business analysts. In analyzing prospective business opportunities, MAHI may consider such matters as the available technical, financial and managerial resources; working capital and other financial requirements; history of operations, if any; prospects for the future; nature of present and expected competition; the quality and experience of management services which may be available and the depth of that management; the potential for further research, development, or exploration; specific risk factors not now foreseeable, but which then may be anticipated to impact the proposed activities of MAHI; the potential for growth or expansion; the potential for profit; the perceived public recognition or acceptance of products, services, or trades; name identification; and other relevant factors. This discussion of the proposed criteria is not meant to be restrictive of the virtually unlimited discretion of MAHI to search for and enter into potential business opportunities.

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It is anticipated that any securities issued in any Business Combination would be issued in reliance upon exemption from registration under applicable federal and state securities laws. In some circumstances, however, as a negotiated element of its transaction, MAHI may agree to register all or a part of such securities immediately after the transaction is consummated or at specified times thereafter. If such registration occurs, it will be undertaken by the surviving entity after MAHI has entered into an agreement for a Business Combination or has consummated a Business Combination and MAHI is no longer considered a blank check company. The issuance of additional securities and their potential sale into any trading market which may develop in the securities of MAHI may depress the market value of the securities of MAHI in the future if such a market develops, of which there is no assurance.

While the terms of a Business Combination cannot be predicted, it is anticipated that the parties to the Business Combination would desire to avoid the creation of a taxable event and therefore structure the transaction as a tax-free reorganization under Section 351 or 368 of the Internal Revenue Code of 1986, as amended.

Depending upon, among other things, the target company's assets and liabilities, the stockholders of MAHI will in all likelihood hold a substantially lesser percentage ownership interest in MAHI following any Business Combination. The percentage of ownership may be subject to significant reduction in the event MAHI acquires a target company with substantial assets. Except for Acer, any Business Combination effected by MAHI can be expected to have a significant dilutive effect on the percentage of shares held by the stockholders of MAHI at such time.

MAHI will participate in a Business Combination only after the negotiation and execution of appropriate agreements. Although the terms of such agreements cannot be predicted, generally such agreements would require certain representations and warranties of the parties thereto, would specify certain events of default, would detail the terms of closing and the conditions which must be satisfied by the parties prior to and after such closing and would include miscellaneous other terms.

If MAHI stops or becomes unable to continue to pay its operating expenses, MAHI may not be able to timely make its periodic reports required under the Exchange Act nor to continue to search for an acquisition target.

Off-Balance Sheet Arrangements

MAHI does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

Going Concern

The financial statements included in this filing have been prepared in conformity with generally accepted accounting principles that contemplate the continuance of us as a going concern. MAHI's cash is inadequate to pay all of the costs associated with our operations. Management intends to use borrowings and security sales to mitigate the effects of its cash position; however, no assurance can be given that debt or equity financing, if and when required, will be available. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets and classification of liabilities that might be necessary should MAHI be unable to continue its existence.

ITEM 7A.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable.

ITEM 8.     FINANCIAL  STATEMENTS AND SUPPLEMENTARY DATA

MAHI's financial statements for the years ended December 31, 2013 and 2012, including the notes thereto, together with the report of independent certified public accountants thereon, are presented beginning at page F-1.

ITEM  9.    CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

MAHI has not changed its independent accountants since its formation and the Company has had no disagreements with its independent accountants on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.

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ITEM 9A. CONTROLS AND PROCEDURES

(a)   Disclosure Controls and Procedures.

Mr. Alex Kam, our chief executive officer and Mr. Pan-Rong Liu, our chief financial officer, evaluated the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, as of December 31, 2013. Based on this evaluation, our officers concluded that, as of December 31, 2013, our disclosure controls and procedures were effective and adequately designed to ensure that the information required to be disclosed by us in the reports we submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the applicable rules and forms and that such information was accumulated and communicated to our chief executive officer and chief financial officer, in a manner that allowed for timely decisions regarding required disclosure.

(b)   Internal Control over Financial Reporting

Management is responsible for establishing and maintaining adequate internal control over financial reporting as such term is defined in Exchange Act Rules 13a-15(f). The Company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Because of its inherent limitations, internal controls over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may be inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate.

Management assessed our internal control over financial reporting as of December 31, 2013, the end of our fiscal year.  Management’s assessment included evaluation of the design and operating effectiveness of key financial reporting controls, process documentation, accounting policies, and our overall control environment. Based on our assessment, management has concluded that our internal control over financial reporting was effective as of December 31, 2013 to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external reporting purposes in accordance with U.S. generally accepted accounting principles.

This Annual Report does not include an attestation report of the Company’s registered public accounting firm, regarding internal control over financial reporting.  

(c)   Changes in Internal Control over Financial Reporting

During the period ended December 31, 2013, there has been no change in internal control over financial reporting that has materially affected, or is reasonably likely to materially affect our internal control over financial reporting.

ITEM 9B.  OTHER INFORMATION

None.

PART III

ITEM 10.  DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Set forth below are the names of the sole director and the executive officers of MAHI, all positions and offices they hold with MAHI, the period during which they have served as such, and their business experience during at least the last five years.

		Positions and Offices Held
Name	Age	With Registrant
Alex Kam	58	Chief Executive Officer,
		President, Secretary and Director
Pan-Rong Liu	54	Chief Financial Officer

Alex Kam. Mr. Kam is the Chief Executive Officer and the sole director of MAHI. Mr. Kam has extensive experience in international trade between the U.S.and China. He established ACE Wholesale in 1981 and has served as President of ACE Wholesale since that time. ACE Wholesale has operations in Hong Kong and China, and focuses primarily on the import and export of electronic items. Since 1981, he has also served as Executive Vice President of the ACE Group, President of Marido Industrial Corporation, and President of Leman Development Corporation. Additionally, Mr. Kam also founded United National Bank in Monterey Park in 1986 and served as a director of the bank until the bank was sold in 1992. Mr. Kam has a Masters of Science degree from the University of California at Los Angeles.

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Pan-Rong Liu. Mr. Liu was appointed to the Chief Financial Officer of MAHI pursuant to a Written Consent of Directors dated August 31, 2006 and the appointment effected from September 1, 2006. Mr. Liu was born on November 24, 1956 in China, and obtained his PHD in Agriculture at the Auburn University in Alabama in 1988. He started T&L Trading in 1990. T&L Trading is a live seafood wholesaler and distributes seafood to markets and restaurants.

Director Qualifications

The Company’s Board of Directors believes that our director’s experience, qualifications, attributes, or skills on an individual basis lead to the conclusion that such director should serve in such capacity. Among the attributes or skills common to all of the Company’s are their ability to review critically and to evaluate, question, and discuss information provided to them, to interact effectively with the officers and employees of the Company, as well as service providers, counsel, and the Company’s independent registered public accounting firm, and to exercise effective and independent business judgment in the performance of their duties as directors.

Director Independence

Our securities are not listed on a national securities exchange or in an inter-dealer quotation system which has requirements that directors be independent.  We do not have majority of independent directors.

Family Relationships

There is no family relationship between Mr. Liu and the Company current sole director and Chief Executive Officer, Mr. Kam.

Audit Committee and Financial Expert

MAHI does not have an Audit Committee. Mr. Kam, the sole director, performs some of the same functions of an Audit Committee, such as: recommending a firm of independent certified public accountants to audit the annual financial statements; reviewing the independent auditors’ independence, the financial statements and their audit report; and reviewing management's administration of the system of internal accounting controls. MAHI does not currently have a written audit committee charter or similar document.

MAHI has no audit committee financial expert. MAHI believes the cost related to retaining an audit committee financial expert at this time is prohibitive. Further, because MAHI has no business operations, management believes the services of an audit committee financial expert are not warranted.

Code of Ethics

A code of ethics relates to written standards that are reasonably designed to deter wrongdoing and to promote:

1.     Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

2.     Full, fair, accurate, timely and understandable disclosure in reports and documents that are filed with, or submitted to, the Commission and in other public communications made by an issuer;

3.     Compliance with applicable governmental laws, rules and regulations;

4.     The prompt internal reporting of violations of the code to an appropriate person or persons identified in the code; and

5.     Accountability for adherence to the code.

MAHI has not adopted a corporate code of ethics that applies to its principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions

The decision to not adopt such a code of ethics resulted from MAHI's having only two officers and one director, management believe that the limited interaction which occurs from having a sole director and two officers eliminates the current need for such a code, in that violations of such a code would be reported to the parties generating the violation.

Nominating Committee

MAHI does not have a Nominating Committee or Nominating Committee Charter. Alex Kam, MAHI's sole director performs some of the functions associated with a Nominating Committee. MAHI has elected not to have a Nominating Committee in that it is a development stage company with limited operations and resources.

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ITEM 11.   EXECUTIVE COMPENSATION

Mr. Kam has not received any compensation for his services rendered to MAHI, has not received such compensation in the past, and is not accruing any compensation pursuant to any agreement with MAHI. However, he anticipates receiving benefits as beneficial stockholder of MAHI. Mr. Liu has agreed to allocate a limited portion of his time to the activities of MAHI without compensation.

No retirement, pension, profit sharing, stock option or insurance programs or other similar programs have been adopted by MAHI for the benefit of its employees.

Employment Agreements

MAHI has not entered into any employment agreements with executive officers or other employees to date.

ITEM 12.   SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following table sets forth each person known by MAHI to be the beneficial owner of five percent or more of the common stock of MAHI and the sole director and two officers of MAHI. Each such person has sole voting and investment power with respect to the shares shown.

Name and Address of Beneficial Owner of Class	Amount of Beneficial Ownership			Percentage
Alex Kam 1641 W. Main St., #408, Alhambra, CA 91801		237,500			47.5	%
Pan-Rong Liu 13728 Proctor Avenue, #G, La Puente, CA 91746		118,750			23.75	%
Seung Chi Tang 311 Altern St, Arcadia, CA 91006		118,750			23.75	%
Acer Limited 344 East 50th Street New York, NY 10022		25,000			5	%
Cesar Villavicencio(1) 344 East 50th Street New York, NY 10022		25,000	(1)		5	%(1)

(1) Includes 25,000 shares owned by Acer Limited, a British Virgin Islands corporation which is owned and controlled by Mr. Villavicencio.

ITEM 13.   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

None.

ITEM 14.   PRINCIPAL ACCOUNTING FEES AND SERVICES

MAHI has selected Michael T. Studer CPA P.C. (“Studer”) as our independent auditor for the fiscal years ended December 31, 2013 and 2012.

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The following table sets forth the aggregate fees billed to MAHI for the fiscal years ended December 31, 2013 and December 31, 2012 by Studer:

	Fiscal Year Ended December 31, 2013		Fiscal Year Ended December 31, 2012
Audit fees	$	6,500	$	6,500
Audit-related fees		—		—
Tax fees		—		—
All other fees		—		—

Audit fees consist of fees for services billed by Studer related to the audits of MAHI’s annual financial statements and the review of financial statements included in MAHI’s quarterly reports on SEC Form 10-Q. Audit-related fees consist primarily of fees billed in each of the last two fiscal years for assurance and related services by the principal accountants that are reasonably related to the performance of the audit or review of MAHI's financial statements and are not reported under Item 9 (e)(1) of Schedule 14A. Tax fees consist of fees billed in each of the last two fiscal years for professional services rendered by the principal accountants for tax compliance, tax advice, and tax planning.

Effective May 6, 2003, the Securities and Exchange Commission adopted rules that require that before our auditor is engaged by us or our subsidiaries to render any auditing or permitted non-audit related service, the engagement be:

-approved by our audit committee; or

-entered into pursuant to pre-approval policies and procedures established by the audit committee, provided the policies and procedures are detailed as to the particular service, the audit committee is informed of each service, and such policies and procedures do not include delegation of the audit committee's responsibilities to management.

We do not have an audit committee. Our board pre-approves all services provided by our independent auditors. The pre-approval process has just been implemented in response to the new rules. Therefore, ours sole director does not have records of what percentages of the above fees were pre-approved. However, all of the above services and fees were reviewed and approved by the entire board of directors either before or after the respective services were rendered.

PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

EXHIBIT NUMBER DESCRIPTION

3.1	Certificate of Incorporation (1)
3.2	By-Laws (2)
10.1	Stock Purchase Agreement, dated July 8, 2005, among Madison Ave. Holdings, Inc., Acer Limited and Alex Kam(3)
10.2	Stock Purchase Agreement, dated May 22, 2006, among Alex Kam and Pan-Rong Liu.(4)
10.3	Stock Purchase Agreement, dated May 22, 2006, among Alex Kam and Seung Chi Tang. (5)
31.1	Certification of Alex Kam pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of  the Sarbanes-Oxley Act of 2002;
31.2	Certification of Pan-Rong Liu pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002;
32.1	Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS**	XBRL Instance
101.SCH**	XBRL Taxonomy Extension Schema
101.CAL**	XBRL Taxonomy Extension Calculation
101.DEF**	XBRL Taxonomy Extension Definition
101.LAB**	XBRL Taxonomy Extension Labels

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101.PRE**	XBRL Taxonomy Extension Presentation
** XBRL	Information is furnished and not filed or a part of a registration statement or prospectus for purposes of sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

(1) Incorporated by reference to Exhibit 3.1 to the Registrant’s Registration Statement on Form 10-SB filed by the Company with the Securities and Exchange Commission (the “Commission”) on March 29, 2004 (the” Form 10-SB”).

(2) Incorporated by reference to Exhibit 3.2 to the Form 10-SB.

(3) Incorporated by reference to Exhibit 10.1 to the Registrant's Current Report on Form 8-K, filed with the Commission on August 25, 2005.

(4) Incorporated by reference to Exhibit 10.1 to the Statement on Schedule 13D, filed by Pan-Rong Liu with the Commission on July 7, 2006.

(5) Incorporated by reference to Exhibit 10.2 to the Statement on Schedule 13D, filed by Seung Chi Tang with the Commission on July 7, 2006.

MAHI 's financial statements for the years ended December 31, 2013 and 2012, including the notes thereto, together with the report of independent certified public accountants thereon, are presented beginning at page F-1.

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SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	Madison Avenue Holdings, Inc.
	By:
Date: March 24, 2014		/s/ Alex Kam
		Alex Kam
		Chief Executive Officer and
		President(principal executive officer)
Date: March 24, 2014
		/s/ Pan-Rong Liu
		Pan-Rong Liu
		Chief Financial Officer (principal
		financial officer and principal accounting
		officer)

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

Date: March 24, 2014	/s/ Alex Kam
	Alex Kam
	Sole Director

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MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Index to Financial Statements

	Page
Report of Independent Registered Public Accounting Firm	F-2
Financial Statements:
Balance Sheets as of December 31, 2013 and 2012	F-3
Statements of Operations for the years ended December 31, 2013 and 2012 and for the period February 27, 2004 (date of inception) to December 31, 2013	F-4
Statements of Changes in Stockholders’ Equity (Deficiency) for the years ended December 31, 2013 and 2012 and for the period February 27, 2004 (date of inception) to December 31, 2013	F-5
Statements of Cash Flows for the years ended December 31, 2013 and 2012 and for the period February 27, 2004 (date of inception) to December 31, 2013	F-6
Notes to Financial Statements	F-7

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of

Madison Avenue Holdings Inc.

I have audited the accompanying balance sheets of Madison Avenue Holdings Inc. (the Company), a development stage company, as of December 31, 2013 and 2012 and the related statements of operations, changes in stockholders’ equity (deficiency), and cash flows for the years ended December 31, 2013 and 2012 and for the period February 27, 2004 (date of inception) to December 31, 2013. These financial statements are the responsibility of the Company’s management. My responsibility is to express an opinion on these financial statements based on my audit.

I conducted my audit in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Madison Avenue Holdings Inc., a development stage company, as of December 31, 2013 and 2012 and the results of its operations and its cash flows for the years ended December 31, 2013 and 2012 and for the period February 27, 2004 (date of inception) to December 31, 2013 in conformity with accounting principles generally accepted in the United States.

The accompanying financial statements referred to above have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company’s present financial situation raises substantial doubt about its ability to continue as a going concern. Management’s plans in regard to this matter are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ Michael T. Studer CPA P.C.

Freeport, New York

March 24, 2014

F-2

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Balance Sheets

	December 31, 2013			December 31, 2012
Assets
Current assets:
Cash and cash equivalents	$	-		$	-
Prepaid expenses		3,000			2,000
Total current assets		3,000			2,000
Other assets		-			-
Total assets	$	3,000		$	2,000
Liabilities and Stockholders' Equity (Deficiency)
Current liabilities:
Accounts payable and accrued expenses	$	1,000		$	2,180
Total current liabilities		1,000			2,180
Other liabilities		-			-
Total liabilities		1,000			2,180
Commitments and contingencies
Stockholders' equity (deficiency):
Common stock, $.001 par value; 10,000,000 shares authorized, 500,000 shares issued and outstanding		500			500
Additional paid-in capital		157,329			134,739
Deficit accumulated during the development stage		(155,829	)		(135,419	)
Total stockholders' equity (deficiency)		2,000			(180	)
Total liabilities and stockholders' equity (deficiency)	$	3,000		$	2,000

See notes to financial statements.

F-3

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Statements of Operations

	Year ended December 31, 2013			Year ended December 31, 2012
Revenues	$	-		$	-
Expenses:
General and administrative		20,410			19,160
Total expenses		20,410			19,160
Net loss	$	(20,410	)	$	(19,160	)
Net loss per share, basic and diluted	$	(0.04	)	$	(0.04	)
Weighted average number of common shares outstanding, basic and diluted		500,000			500,000

See notes to financial statements.

F-4

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Statements of Changes in Stockholders' Equity (Deficiency)

	Common Stock
	Shares		Amount		Additional Paid-In Capital		Deficit Accumulated During the Development Stage			Total Stockholders' Equity (Deficiency)
Sale of common stock to a corporation controlled by the president and director of the Company in March 2004		500,000	$	500	$	-	$	-		$	500
Company expenses paid by sole stockholder in March 2004		-		-		3,951		-			3,951
Capital contribution from sole stockholder in May 2004		-		-		2,000		-			2,000
Net loss for the period February 27, 2004 to December 31, 2004		-		-		-		(7,297	)		(7,297	)
Balances, December 31, 2004		500,000		500		5,951		(7,297	)		(846	)
Capital contributions from stockholders in February, April, July and September 2005		-		-		8,000		-			8,000
Company expenses paid by majority stockholder in October 2005		-		-		319		-			319
Net loss for the year ended December 31, 2005		-		-		-		(12,450	)		(12,450	)
Balances, December 31, 2005		500,000		500		14,270		(19,747	)		(4,977	)
Company expenses paid by stockholders during 2006		-		-		11,782		-			11,782
Net loss for the year ended December 31, 2006		-		-		-		(9,621	)		(9,621	)
Balances, December 31, 2006		500,000		500		26,052		(29,368	)		(2,816	)
Company expenses paid by stockholders during 2007		-		-		21,042		-			21,042
Net loss for the year ended December 31, 2007		-		-		-		(20,306	)		(20,306	)
Balances, December 31, 2007		500,000		500		47,094		(49,674	)		(2,080	)
Company expenses paid by stockholders during 2008		-		-		17,364		-			17,364
Net loss for the year ended December 31, 2008		-		-		-		(16,739	)		(16,739	)
Balances, December 31, 2008		500,000		500		64,458		(66,413	)		(1,455	)
Company expenses paid by stockholders during 2009		-		-		16,992		-			16,992
Net loss for the year ended December 31, 2009		-		-		-		(15,325	)		(15,325	)
Balances, December 31, 2009		500,000		500		81,450		(81,738	)		212
Company expenses paid by stockholders during 2010		-		-		17,651		-			17,651
Net loss for the year ended December 31, 2010		-		-		-		(16,318	)		(16,318	)
Balances, December 31, 2010		500,000		500		99,101		(98,056	)		1,545
Company expenses paid by stockholders during 2011		-		-		18,658		-			18,658
Net loss for the year ended December 31, 2011		-		-		-		(18,203	)		(18,203	)
Balances, December 31, 2011		500,000		500		117,759		(116,259	)		2,000
Company expenses paid by stockholders during 2012		-		-		16,980		-			16,980
Net loss for the year ended December 31, 2012		-		-		-		(19,160	)		(19,160	)
Balances, December 31, 2012		500,000		500		134,739		(135,419	)		(180	)
Company expenses paid by stockholders during 2013		-		-		22,590		-			22,590
Net loss for the year ended December 31, 2013		-		-		-		(20,410	)		(20,410	)
Balances, December 31, 2013		500,000	$	500	$	157,329	$	(155,829	)	$	2,000

See notes to financial statements.

F-5

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Statements of Cash Flows

	Year ended December 31, 2013			Year ended December 31, 2012
Cash flows from operating activities:
Net loss	$	(20,410	)	$	(19,160	)
Changes in operating assets and liabilities:
Prepaid expenses		(1,000	)
Accounts payable and accrued expenses		(1,180	)		2,180
Net cash used in operating activities		(22,590	)		(16,980	)
Cash flows from investing activities		-			-
Cash flows from financing activities:
Proceeds from sale of common stock		-			-
Capital contributions		22,590			16,980
Net cash provided by financing activities		22,590			16,980
Net increase in cash		-			-
Cash and cash equivalents, beginning of period		-			-
Cash and cash equivalents, end of period	$	-		$	-
Supplemental disclosures of cash flow information:
Interest paid	$	-		$	-
Income taxes paid	$	-		$	-

See notes to financial statements.

F-6

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Notes to Financial Statements

For the Years Ended December 31, 2013 and 2012 and

For the Period February 27, 2004 (Inception) to December 31, 2013

NOTE 1 – ORGANIZATION

Madison Avenue Holdings Inc. (the “Company”) was incorporated in the State of Delaware on February 27, 2004. The Company has no products or services; the Company is seeking a business to merge with or acquire.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation – The Company has been presented as a “development stage enterprise” in accordance with Accounting Standards Codification (“ASC”) 915, “Development Stage Entities”. Since inception, the Company’s activities have been limited to organizational efforts, obtaining initial financing, and making filings with the Securities and Exchange Commission.

At December 31, 2013, the Company had no cash and for the period February 27, 2004 (inception) to December 31, 2013, the Company incurred a net loss of $155,829. These factors create uncertainty as to the Company’s ability to continue as a going concern. The Company is making efforts to acquire a business with assets and operations. However, there is no assurance that the Company will be successful in accomplishing this objective. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

Cash and cash equivalents – For purposes of the balance sheet and statement of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents.

Use of estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair value of financial instruments – The Company’s financial instruments consist of accounts payable and accrued expenses, which approximate fair value because of their short maturity.

F-7

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Notes to Financial Statements

For the Years Ended December 31, 2013 and 2012 and

For the Period February 27, 2004 (Inception) to December 31, 2013

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Income taxes – Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.

Net loss per common share – Basic and diluted net loss per common share has been calculated based upon the weighted average number of common shares outstanding.

Concentration of credit risk – The Company has no off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements. The Company maintains its cash balance with one financial institution, in the form of a demand deposit account.

NOTE 3 – STOCKHOLDERS’ EQUITY

In March 2004, the Company sold 500,000 shares of its common stock at a price of $.001 per share, or $500 total, to a corporation (the “First Stockholder”) controlled by the then president and director of the Company. From March 2004 to September 2005, the First Stockholder made additional capital contributions to the Company of $13,951.

In August 2005, the First Stockholder of the Company sold 475,000 shares of Company common stock to an unrelated third party (the “Second Stockholder”). The Company agreed under the related Stock Purchase Agreement that, in exchange for the First Stockholder’s efforts in procuring the Second Stockholder’s services to identify merger or acquisition targets for the Company; in the event that the Company successfully completes a merger or acquisition of one or more business entities identified by the new 95% Second Stockholder (the “Business Combination”), the Company will issue such number of new shares of the common stock of the Company to the First Stockholder so that it will continue to retain 5% of equity ownership in the Company immediately after the close of any Business Combination. From October 2005 to June 2006, the Second Stockholder made additional capital contributions to the Company of $7,744.

F-8

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Notes to Financial Statements

For the Years Ended December 31, 2013 and 2012 and

For the Period February 27, 2004 (Inception) to December 31, 2013

NOTE 3 – STOCKHOLDERS’ EQUITY (continued)

In June 2006, the Second Stockholder sold a total of 237,500 shares of Company common stock to two unrelated third parties (the “Third Stockholder” and the “Fourth Stockholder”), 118,750 shares to each of them. From September 2006 to December 2013, the Second Stockholder, Third Stockholder and Fourth Stockholder made capital contributions to the Company of $135,634.

NOTE 4 – INCOME TAXES

The provision for (benefit from) income taxes differs from the amount computed by applying the statutory United States federal income tax rate of 34% to income (loss) before income taxes. The sources of the difference are as follows:

	Year ended December 31, 2013			Year ended December 31, 2012			Cumulative during the development stage (February 27, 2004 to December 31, 2013)
Expected tax at 34%	$	(6,940	)	$	(6,514	)	$	(52,982	)
Increase in valuation allowance.		6,940			6,514			52,982
Income tax provision	$	-		$	-		$	-

Significant components of the Company’s deferred income tax assets are as follows:

	December 31, 2013			December 31, 2012
Net operating loss carryforward	$	52,982		$	46,042
Less valuation allowance		(52,982	)		(46,042	)
Income tax provision	$	-		$	-

F-9

MADISON AVENUE HOLDINGS INC.

(A Development Stage Company)

Notes to Financial Statements

For the Years Ended December 31, 2013 and 2012 and

For the Period February 27, 2004 (Inception) to December 31, 2013

NOTE 4 – INCOME TAXES (continued)

Based on management “s present assessment, the Company has not yet determined it to be more likely than not that a deferred tax asset of $52,982 attributable to the future utilization of the $155,829 net operating loss carryforward as of December 31, 2013 will be realized. Accordingly, the Company has provided a 100% allowance against the deferred tax asset in the financial statements at December 31, 2013. The Company will continue to review this valuation allowance and make adjustments as appropriate. The net operating loss carryforward expires in years 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032 and 2033 in the amounts of $7,297, $12,450, $9,621, $20,306, $16,739, $15,325, $16,318, $18,203, $19,160 and $20,410, respectively.

Current tax laws limit the amount of loss available to be offset against future taxable income when a substantial change in ownership occurs. Therefore, the amount available to offset future taxable income may be limited.

NOTE 5 – COMMITMENTS AND CONTINGENCIES

All activities of the Company are being conducted by the officers and directors from either their homes or their business offices at no cost to the Company. The officers and directors have agreed to continue this arrangement until the Company completes a business combination.

F-10

EX-31

Exhibit 31.1

CERTIFICATION

I, Alex Kam certify that:

1.           I have reviewed this Annual Report on Form 10-K of Madison Avenue Holdings, Inc. for the fiscal year ended December 31, 2013;

2.           Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.           Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.           The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.           The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):

a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:    March 24, 2014

/s/ Alex Kam

Alex Kam

Chief Executive Officer and President

(principal executive officer)

EX-31

Exhibit 31.2

CERTIFICATION

I, Pan-Rong Liu certify that:

1.           I have reviewed this Annual Report on Form 10-K of Madison Avenue Holdings, Inc. for the fiscal year ended December 31, 2013;

2.           Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.           Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.           The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.           The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):

a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:     March 24, 2014

/s/ Pan-Rong Liu

Pan-Rong Liu

Chief Financial Officer

(principal financial officer and principal accounting officer)

EX-32

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Each of the undersigned hereby certifies, in his capacity as an officer of Madison Avenue Holdings, Inc. (the “Company”), for the purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of his knowledge:

(1)           The Annual Report of the Company on Form 10-K for the fiscal year ended December 31, 2013 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)           The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: March 24, 2014

/s/ Alex Kam

Alex Kam

Chief Executive Officer and President

(principal executive officer)

/s/ Pan-Rong Liu

Pan-Rong Liu

Chief Financial Officer

(principal financial officer and principal accounting officer)

A signed original of this written statement required by Section 906 has been provided to Madison Avenue Holdings, Inc. and will be retained by Madison Avenue Holdings, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

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Note 3 - Stockholders' Equity

12 Months Ended

Dec. 31, 2013

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

NOTE 3 – STOCKHOLDERS’ EQUITY

In March 2004, the Company sold 500,000 shares of its common stock at a price of $.001 per share, or $500 total, to a corporation (the “First Stockholder”) controlled by the then president and director of the Company. From March 2004 to September 2005, the First Stockholder made additional capital contributions to the Company of $13,951.

In August 2005, the First Stockholder of the Company sold 475,000 shares of Company common stock to an unrelated third party (the “Second Stockholder”). The Company agreed under the related Stock Purchase Agreement that, in exchange for the First Stockholder’s efforts in procuring the Second Stockholder’s services to identify merger or acquisition targets for the Company; in the event that the Company successfully completes a merger or acquisition of one or more business entities identified by the new 95% Second Stockholder (the “Business Combination”), the Company will issue such number of new shares of the common stock of the Company to the First Stockholder so that it will continue to retain 5% of equity ownership in the Company immediately after the close of any Business Combination. From October 2005 to June 2006, the Second Stockholder made additional capital contributions to the Company of $7,744.

In June 2006, the Second Stockholder sold a total of 237,500 shares of Company common stock to two unrelated third parties (the “Third Stockholder” and the “Fourth Stockholder”), 118,750 shares to each of them. From September 2006 to December 2013, the Second Stockholder, Third Stockholder and Fourth Stockholder made capital contributions to the Company of $135,634.

XML

Note 2 - Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation – The Company has been presented as a “development stage enterprise” in accordance with Accounting Standards Codification (“ASC”) 915, “Development Stage Entities”. Since inception, the Company’s activities have been limited to organizational efforts, obtaining initial financing, and making filings with the Securities and Exchange Commission.

At December 31, 2013, the Company had no cash and for the period February 27, 2004 (inception) to December 31, 2013, the Company incurred a net loss of $155,829. These factors create uncertainty as to the Company’s ability to continue as a going concern. The Company is making efforts to acquire a business with assets and operations. However, there is no assurance that the Company will be successful in accomplishing this objective. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

Cash and cash equivalents – For purposes of the balance sheet and statement of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents.

Use of estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair value of financial instruments – The Company’s financial instruments consist of accounts payable and accrued expenses, which approximate fair value because of their short maturity.

Income taxes – Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.

Net loss per common share – Basic and diluted net loss per common share has been calculated based upon the weighted average number of common shares outstanding.

Concentration of credit risk – The Company has no off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements. The Company maintains its cash balance with one financial institution, in the form of a demand deposit account.

XML

(A Development Stage Company) Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents
Prepaid expenses	3,000	2,000
Total current assets	3,000	2,000
Other assets
Total assets	3,000	2,000
Current liabilities:
Accounts payable and accrued expenses	1,000	2,180
Total current liabilities	1,000	2,180
Other liabilities
Total liabilities	1,000	2,180
Stockholders' equity (deficiency):
Common stock, $.001 par value; 10,000,000 shares authorized, 500,000 shares issued and outstanding	500	500
Additional paid-in capital	157,329	134,739
Deficit accumulated during the development stage	(155,829)	(135,419)
Total stockholders' equity (deficiency)	2,000	(180)
Total liabilities and stockholders' equity (deficiency)	$ 3,000	$ 2,000

XML

(A Development Stage Company) - Statements of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Net loss	$ (20,410)	$ (19,160)
Prepaid expenses	(1,000)
Accounts payable and accrued expenses	(1,180)	2,180
Net cash used in operating activities	(22,590)	(16,980)
Cash flows from investing activities
Capital contributions	22,590	16,980
Net cash provided by financing activities	22,590	16,980
Net increase in cash
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period
Interest paid
Income taxes paid

XML

Note 1 - Organization

12 Months Ended

Dec. 31, 2013

Disclosure Text Block [Abstract]

Nature of Operations [Text Block]

NOTE 1 – ORGANIZATION

Madison Avenue Holdings Inc. (the “Company”) was incorporated in the State of Delaware on February 27, 2004. The Company has no products or services; the Company is seeking a business to merge with or acquire.

XML

(A Development Stage Company) Balance Sheets (Parentheticals) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	500,000	500,000
Common stock, shares outstanding	500,000	500,000

XML

Note 4 - Income Taxes (Details) - Provision for (Benefit from) Income Taxes (USD $)	12 Months Ended		118 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Provision for (Benefit from) Income Taxes [Abstract]
Expected tax at 34%	$ (6,940)	$ (6,514)	$ (52,982)
Increase in valuation allowance.	$ 6,940	$ 6,514	$ 52,982

XML

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 24, 2014	Jun. 30, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	MADISON AVE HOLDINGS INC
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		500,000
Entity Public Float			$ 0
Amendment Flag	false
Entity Central Index Key	0001284196
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY

XML

Note 4 - Income Taxes (Details) - Deferred Income Tax Assets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred Income Tax Assets [Abstract]
Net operating loss carryforward	$ 52,982	$ 46,042
Less valuation allowance	$ (52,982)	$ (46,042)

XML

(A Development Stage Company) Statements of Operations (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Revenues
Expenses:
General and administrative	20,410	19,160
Total expenses	20,410	19,160
Net loss	$ (20,410)	$ (19,160)
Net loss per share, basic and diluted (in Dollars per share)	$ (0.04)	$ (0.04)
Weighted average number of common shares outstanding, basic and diluted (in Shares)	500,000	500,000

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Accounting Policies, by Policy (Policies)

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Basis of Presentation and Significant Accounting Policies [Text Block]

Basis of presentation – The Company has been presented as a “development stage enterprise” in accordance with Accounting Standards Codification (“ASC”) 915, “Development Stage Entities”. Since inception, the Company’s activities have been limited to organizational efforts, obtaining initial financing, and making filings with the Securities and Exchange Commission.

At December 31, 2013, the Company had no cash and for the period February 27, 2004 (inception) to December 31, 2013, the Company incurred a net loss of $155,829. These factors create uncertainty as to the Company’s ability to continue as a going concern. The Company is making efforts to acquire a business with assets and operations. However, there is no assurance that the Company will be successful in accomplishing this objective. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and cash equivalents – For purposes of the balance sheet and statement of cash flows, the Company considers all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents.

Use of Estimates, Policy [Policy Text Block]

Use of estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair Value of Financial Instruments, Policy [Policy Text Block]

Fair value of financial instruments – The Company’s financial instruments consist of accounts payable and accrued expenses, which approximate fair value because of their short maturity.

Income Tax, Policy [Policy Text Block]

Income taxes – Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.

Earnings Per Share, Policy [Policy Text Block]

Net loss per common share – Basic and diluted net loss per common share has been calculated based upon the weighted average number of common shares outstanding.

Concentration Risk, Credit Risk, Policy [Policy Text Block]

Concentration of credit risk – The Company has no off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements. The Company maintains its cash balance with one financial institution, in the form of a demand deposit account.

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Note 5 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2013

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

NOTE 5 – COMMITMENTS AND CONTINGENCIES

All activities of the Company are being conducted by the officers and directors from either their homes or their business offices at no cost to the Company. The officers and directors have agreed to continue this arrangement until the Company completes a business combination.

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Note 3 - Stockholders' Equity (Details) (USD $)	1 Months Ended						1 Months Ended		1 Months Ended
	Mar. 31, 2004	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2006	Sep. 30, 2005 First Stockholder [Member]	Aug. 31, 2005 First Stockholder [Member]	Aug. 31, 2005 Second Stockholder [Member]	Oct. 01, 2005 Second Stockholder [Member]	Jun. 30, 2006 Third And Fourth Stockholder [Member]	Jun. 30, 2006 Third Stockholder [Member]	Jun. 30, 2006 Fourth Stockholder [Member]	Dec. 31, 2013 Second, Third, and Fourth Stockholders [Member]
Note 3 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, New Issues	500,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.001	$ 0.001	$ 0.001
Stock Issued During Period, Value, New Issues (in Dollars)	$ 500
Additional Paid in Capital, Common Stock (in Dollars)		$ 157,329	$ 134,739		$ 13,951			$ 7,744				$ 135,634
Shares Sold By Shareholder, Shares							475,000		237,500
Percentage Sold by Shareholder Shares							95.00%
Percentage After Transaction						5.00%
Number of Unrelated Parties				2
Shares Acquired by New Stockholder										118,750	118,750

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Note 4 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year ended December 31, 2013			Year ended December 31, 2012			Cumulative during the development stage (February 27, 2004 to December 31, 2013)
Expected tax at 34%	$	(6,940	)	$	(6,514	)	$	(52,982	)
Increase in valuation allowance.		6,940			6,514			52,982
Income tax provision	$	-		$	-		$	-

Cumulative Schedule Of Components Of Income Tax Expense Benefit [Table Text Block]

	December 31, 2013			December 31, 2012
Net operating loss carryforward	$	52,982		$	46,042
Less valuation allowance		(52,982	)		(46,042	)
Income tax provision	$	-		$	-

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Note 2 - Summary of Significant Accounting Policies (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Cash and Cash Equivalents, at Carrying Value
Development Stage Enterprise, Deficit Accumulated During Development Stage	155,829	135,419
February 27, 2004 To Current [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Cash and Cash Equivalents, at Carrying Value	$ 0

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Note 4 - Income Taxes (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
Note 4 - Income Taxes (Details) [Line Items]
Effective Income Tax Rate Reconciliation, Percent	34.00%
Deferred Tax Assets, Net	$ 52,982
Deferred Tax Assets, Operating Loss Carryforwards	155,829
Deferred Tax Assets Valuation Allowance Percentage	100.00%
Expires in 2024 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	7,297
Expires in 2025 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	12,450
Expires in 2026 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	9,621
Expires in 2027 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	20,306
Expires in 2028 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	16,739
Expires in 2029 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	15,325
Expires in 2030 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	16,318
Expires in 2031 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	18,203
Expires in 2032 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	19,160
Expires in 2033 [Member]
Note 4 - Income Taxes (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	$ 20,410

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(A Development Stage Company) Statements of Changes in Stockholders' Equity (Deficiency) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit during Development Stage [Member]	Total
Balance at Feb. 29, 2004
Company expenses paid by stockholders		$ 3,951		$ 3,951
Balance at Mar. 31, 2004	500			500
Balance (in Shares) (in Shares) at Mar. 31, 2004	500,000
Balance at Feb. 29, 2004
Capital contribution from stockholders		2,000		2,000
Net loss			(7,297)	(7,297)
Balance at Dec. 31, 2004	500	5,951	(7,297)	(846)
Balance (in Shares) (in Shares) at Dec. 31, 2004	500,000
Company expenses paid by stockholders		319		319
Capital contribution from stockholders		8,000		8,000
Net loss			(12,450)	(12,450)
Balance at Dec. 31, 2005	500	14,270	(19,747)	(4,977)
Balance (in Shares) (in Shares) at Dec. 31, 2005	500,000
Company expenses paid by stockholders		11,782		11,782
Net loss			(9,621)	(9,621)
Balance at Dec. 31, 2006	500	26,052	(29,368)	(2,816)
Balance (in Shares) (in Shares) at Dec. 31, 2006	500,000
Company expenses paid by stockholders		21,042		21,042
Net loss			(20,306)	(20,306)
Balance at Dec. 31, 2007	500	47,094	(49,674)	(2,080)
Balance (in Shares) (in Shares) at Dec. 31, 2007	500,000
Company expenses paid by stockholders		17,364		17,364
Net loss			(16,739)	(16,739)
Balance at Dec. 31, 2008	500	64,458	(66,413)	(1,455)
Balance (in Shares) (in Shares) at Dec. 31, 2008	500,000
Company expenses paid by stockholders		16,992		16,992
Net loss			(15,325)	(15,325)
Balance at Dec. 31, 2009	500	81,450	(81,738)	212
Balance (in Shares) (in Shares) at Dec. 31, 2009	500,000
Company expenses paid by stockholders		17,651		17,651
Net loss			(16,318)	(16,318)
Balance at Dec. 31, 2010	500	99,101	(98,056)	1,545
Balance (in Shares) (in Shares) at Dec. 31, 2010	500,000
Company expenses paid by stockholders		18,658		18,658
Net loss			(18,203)	(18,203)
Balance at Dec. 31, 2011	500	117,759	(116,259)	2,000
Balance (in Shares) (in Shares) at Dec. 31, 2011	500,000
Company expenses paid by stockholders		16,980		16,980
Net loss			(19,160)	(19,160)
Balance at Dec. 31, 2012	500	134,739	(135,419)	(180)
Balance (in Shares) (in Shares) at Dec. 31, 2012	500,000
Company expenses paid by stockholders		22,590		22,590
Net loss			(20,410)	(20,410)
Balance at Dec. 31, 2013	$ 500	$ 157,329	$ (155,829)	$ 2,000
Balance (in Shares) (in Shares) at Dec. 31, 2013	500,000

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Note 4 - Income Taxes

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

NOTE 4 – INCOME TAXES

The provision for (benefit from) income taxes differs from the amount computed by applying the statutory United States federal income tax rate of 34% to income (loss) before income taxes. The sources of the difference are as follows:

	Year ended December 31, 2013			Year ended December 31, 2012			Cumulative during the development stage (February 27, 2004 to December 31, 2013)
Expected tax at 34%	$	(6,940	)	$	(6,514	)	$	(52,982	)
Increase in valuation allowance.		6,940			6,514			52,982
Income tax provision	$	-		$	-		$	-

Significant components of the Company’s deferred income tax assets are as follows:

	December 31, 2013			December 31, 2012
Net operating loss carryforward	$	52,982		$	46,042
Less valuation allowance		(52,982	)		(46,042	)
Income tax provision	$	-		$	-

Based on management “s present assessment, the Company has not yet determined it to be more likely than not that a deferred tax asset of $52,982 attributable to the future utilization of the $155,829 net operating loss carryforward as of December 31, 2013 will be realized. Accordingly, the Company has provided a 100% allowance against the deferred tax asset in the financial statements at December 31, 2013. The Company will continue to review this valuation allowance and make adjustments as appropriate. The net operating loss carryforward expires in years 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032 and 2033 in the amounts of $7,297, $12,450, $9,621, $20,306, $16,739, $15,325, $16,318, $18,203, $19,160 and $20,410, respectively.

Current tax laws limit the amount of loss available to be offset against future taxable income when a substantial change in ownership occurs. Therefore, the amount available to offset future taxable income may be limited.