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Company Registration No. 13904547 (England and Wales)
Masons Property Investment Limited Unaudited accounts for the year ended 29 February 2024
Masons Property Investment Limited Unaudited accounts Contents
Page
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Masons Property Investment Limited Company Information for the year ended 29 February 2024
Director
Onder OZDIL
Company Number
13904547 (England and Wales)
Registered Office
554 Lordship Lane London London N22 5BY England
Accountants
DNG Associates 214 Baker Street Enfield EN1 3JY
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Masons Property Investment Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
468,100 
- 
Current assets
Cash at bank and in hand
278 
100 
Creditors: amounts falling due within one year
(188,058)
- 
Net current (liabilities)/assets
(187,780)
100 
Total assets less current liabilities
280,320 
100 
Creditors: amounts falling due after more than one year
(288,445)
- 
Net (liabilities)/assets
(8,125)
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(8,225)
- 
Shareholders' funds
(8,125)
100 
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 November 2024 and were signed on its behalf by
Onder OZDIL Director Company Registration No. 13904547
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Masons Property Investment Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Masons Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 13904547. The registered office is 554 Lordship Lane, London, London, N22 5BY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
4
Investment property
2024 
£ 
Additions
468,100 
At 29 February 2024
468,100 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
61,500 
- 
Loans from directors
126,308 
- 
Accruals
250 
- 
188,058 
- 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
288,445 
- 
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Masons Property Investment Limited Notes to the Accounts for the year ended 29 February 2024
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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