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REGISTERED NUMBER: 01614060 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MASSON JOINERY LIMITED

MASSON JOINERY LIMITED (REGISTERED NUMBER: 01614060)






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


MASSON JOINERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: P M Masson





SECRETARY: Mrs C K Masson





REGISTERED OFFICE: The Joinery Works
Frant
Tunbridge Wells
Kent
TN3 9DE





REGISTERED NUMBER: 01614060 (England and Wales)





ACCOUNTANTS: Greenaway Chartered Accountants
150 High Street
Sevenoaks
Kent
TN13 1XE

MASSON JOINERY LIMITED (REGISTERED NUMBER: 01614060)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 83,669 55,278

CURRENT ASSETS
Stocks 36,609 51,698
Debtors 5 43,463 9,466
Cash at bank and in hand 4,422 31,161
84,494 92,325
CREDITORS
Amounts falling due within one year 6 132,193 124,771
NET CURRENT LIABILITIES (47,699 ) (32,446 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,970

22,832

CREDITORS
Amounts falling due after more than one
year

7

12,221

22,428
NET ASSETS 23,749 404

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,649 304
SHAREHOLDERS' FUNDS 23,749 404

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.

MASSON JOINERY LIMITED (REGISTERED NUMBER: 01614060)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2024 and were signed by:





P M Masson - Director


MASSON JOINERY LIMITED (REGISTERED NUMBER: 01614060)

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

1. STATUTORY INFORMATION

Masson Joinery Limited 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

MASSON JOINERY LIMITED (REGISTERED NUMBER: 01614060)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2023 459,661
Additions 58,497
Disposals (20,985 )
At 31 March 2024 497,173
DEPRECIATION
At 1 April 2023 404,383
Charge for year 25,126
Eliminated on disposal (16,005 )
At 31 March 2024 413,504
NET BOOK VALUE
At 31 March 2024 83,669
At 31 March 2023 55,278

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£ £
Trade debtors 33,864 7,360
Other debtors 9,599 2,106
43,463 9,466

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£ £
Bank loans and overdrafts 14,294 27,802
Trade creditors 77,676 50,454
Taxation and social security 31,184 37,324
Other creditors 9,039 9,191
132,193 124,771

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£ £
Bank loans 12,221 22,428