IRIS Accounts Production v24.3.0.553 10695720 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106957202023-03-31106957202024-03-31106957202023-04-012024-03-31106957202022-03-31106957202022-04-012023-03-31106957202023-03-3110695720ns15:EnglandWales2023-04-012024-03-3110695720ns14:PoundSterling2023-04-012024-03-3110695720ns10:Director12023-04-012024-03-3110695720ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110695720ns10:SmallEntities2023-04-012024-03-3110695720ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110695720ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110695720ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110695720ns10:FullAccounts2023-04-012024-03-3110695720ns10:OrdinaryShareClass12023-04-012024-03-3110695720ns10:RegisteredOffice2023-04-012024-03-3110695720ns5:CurrentFinancialInstruments2024-03-3110695720ns5:CurrentFinancialInstruments2023-03-3110695720ns5:Non-currentFinancialInstruments2024-03-3110695720ns5:Non-currentFinancialInstruments2023-03-3110695720ns5:ShareCapital2024-03-3110695720ns5:ShareCapital2023-03-3110695720ns5:RetainedEarningsAccumulatedLosses2024-03-3110695720ns5:RetainedEarningsAccumulatedLosses2023-03-3110695720ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3110695720ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3110695720ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 10695720 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MASON ALEXANDER PROPERTY GROUP LTD

MASON ALEXANDER PROPERTY GROUP LTD (REGISTERED NUMBER: 10695720)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MASON ALEXANDER PROPERTY GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: M Shaw





REGISTERED OFFICE: 29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA





BUSINESS ADDRESS: 2b Thackerays Lane
Woodthorpe
Nottingham
Nottinghamshire
NG5 4HP





REGISTERED NUMBER: 10695720 (England and Wales)





ACCOUNTANTS: Lemans
29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA

MASON ALEXANDER PROPERTY GROUP LTD (REGISTERED NUMBER: 10695720)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 50,102 51,322
Cash at bank 8,820 2,710
58,922 54,032
CREDITORS
Amounts falling due within one year 5 7,484 7,569
NET CURRENT ASSETS 51,438 46,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,438

46,463

CREDITORS
Amounts falling due after more than one year 6 31,421 36,976
NET ASSETS 20,017 9,487

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 20,007 9,477
SHAREHOLDERS' FUNDS 20,017 9,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MASON ALEXANDER PROPERTY GROUP LTD (REGISTERED NUMBER: 10695720)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 October 2024 and were signed by:





M Shaw - Director


MASON ALEXANDER PROPERTY GROUP LTD (REGISTERED NUMBER: 10695720)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Mason Alexander Property Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at the transaction price.

Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MASON ALEXANDER PROPERTY GROUP LTD (REGISTERED NUMBER: 10695720)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 50,102 51,322

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 3,764 3,764
Corporation tax 2,925 1,117
Other creditors - 978
Accrued expenses 795 1,710
7,484 7,569

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 31,421 36,976

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
10 Ordinary £1 10 10

MASON ALEXANDER PROPERTY GROUP LTD (REGISTERED NUMBER: 10695720)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. RELATED PARTY DISCLOSURES

Other Debtors

Spencer Mason Developments Ltd
Mr M. Shaw is a director of the above named company. Included in other debtors is a loan of £nil (2023 - £1,000) to this company.

Alexander Freeholdings Limited
Mr M. Shaw is a director of the above named company. Included in other debtors is a loan of £nil (2023 - £23) to this company.

Lifestyle Investor Ltd
Mr M. Shaw is a director of the above named company. Included in other debtors is a loan of £92 (2023 - £23) to this company.

Alexander-Mason Property Group Ltd
Mr M. Shaw is a director of the above named company. Included in other debtors is a loan of £50,000 (2023 - £50,023) to this company.

Other Creditors

Mason Alexander Developments Ltd
Mr M. Shaw is a director of the above named company. Included in other creditors is a loan of £nil(2023 - £978) from this company.