Mason Electronics Limited 03738123 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is the design and installation of radio systems, provision of maintenance services and hire of radio equipment Digita Accounts Production Advanced 6.30.9574.0 true 03738123 2022-07-01 2023-06-30 03738123 2023-06-30 03738123 bus:Director1 1 2023-06-30 03738123 bus:Director2 1 2023-06-30 03738123 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 03738123 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 03738123 bus:Micro-entities 2022-07-01 2023-06-30 03738123 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 03738123 bus:FullAccounts 2022-07-01 2023-06-30 03738123 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 03738123 bus:RegisteredOffice 2022-07-01 2023-06-30 03738123 bus:Director1 2022-07-01 2023-06-30 03738123 bus:Director1 1 2022-07-01 2023-06-30 03738123 bus:Director2 2022-07-01 2023-06-30 03738123 bus:Director2 1 2022-07-01 2023-06-30 03738123 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 03738123 countries:England 2022-07-01 2023-06-30 03738123 bus:Director1 1 2022-06-30 03738123 bus:Director2 1 2022-06-30 03738123 2021-07-01 2022-06-30 03738123 2022-06-30 03738123 bus:Director1 1 2022-06-30 03738123 bus:Director2 1 2022-06-30 03738123 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 03738123 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 03738123 bus:Director1 1 2021-07-01 2022-06-30 03738123 bus:Director2 1 2021-07-01 2022-06-30 03738123 bus:Director1 1 2021-06-30 03738123 bus:Director2 1 2021-06-30 iso4217:GBP xbrli:pure

Registration number: 03738123

Mason Electronics Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2023

 

Mason Electronics Limited

Contents

Balance Sheet

1 to 4

Notes to the Unaudited Financial Statements

2

 

Mason Electronics Limited

(Registration number: 03738123 )
Balance Sheet as at 30 June 2023

2023
£

2022
£

Fixed assets

115,520

121,084

Current assets

99,821

93,182

Prepayments and accrued income

19,844

19,565

Creditors: Amounts falling due within one year

(50,771)

(48,757)

Net current assets

68,894

63,990

Total assets less current liabilities

184,414

185,074

Creditors: Amounts falling due after more than one year

(77,291)

(91,748)

Accruals and deferred income

(5,210)

(3,214)

 

101,913

90,112

Capital and reserves

101,913

90,112

 

Mason Electronics Limited

(Registration number: 03738123 )
Balance Sheet as at 30 June 2023

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
218-220 Abbey Street
DERBY
DE22 3SX

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are prepared in sterling, which is the functional curreny of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

3

Financial commitments, guarantees and contingencies

Included in the balance sheet is a loan of £62,924 secured on the company freehold property.

 

Mason Electronics Limited

(Registration number: 03738123 )
Balance Sheet as at 30 June 2023

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

4

Related party transactions

Transactions with directors

2023

At 1 July 2022
£

Repayments by director
£

At 30 June 2023
£

Mr Dominic Caulton

Unsecured loan account repayable on demand

1,075

(1,075)

-

       
     

Mr Nigel James Downing

Unsecured loan account repayable on demand

1,075

(1,075)

-

       
     

 

2022

At 1 July 2021
£

Advances to director
£

Repayments by director
£

At 30 June 2022
£

Mr Dominic Caulton

Unsecured loan account repayable on demand

-

10,000

(8,925)

1,075

         
       

Mr Nigel James Downing

Unsecured loan account repayable on demand

-

10,000

(8,925)

1,075

         
       

 

 

Mason Electronics Limited

(Registration number: 03738123 )
Balance Sheet as at 30 June 2023

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

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

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 8 March 2024 and signed on its behalf by:
 

.........................................
Mr Dominic Caulton
Director

.........................................
Mr Nigel James Downing
Director