MONEY MASTERS LIMITED

Company Registration Number:
02990592 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

MONEY MASTERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MONEY MASTERS LIMITED

Company Information

for the Period Ended 31 December 2024




Director: J O V Carlyle-Lyon, J L D Carter
J G C Carter
Registered office: Courtyard Cottage
Brownston Street
Modbury
Modbury
Devon
GBR
PL21 0RQ
Company Registration Number: 02990592 (England and Wales)

MONEY MASTERS LIMITED

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The Directors personal investment vehicle

Political and charitable donations

Nil

Company policy on the employment of disabled persons

Nil

Additional information

None

Directors

The director(s) shown below were appointed to the company during the period
J O V Carlyle-Lyon, J L D Carter
29 April 2024
J G C Carter
29 April 2024

This report was approved by the board of directors on 21 January 2025
And Signed On Behalf Of The Board By:

Name: J O V Carlyle-Lyon, J L D Carter
Status: Director

MONEY MASTERS LIMITED

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 684 1,426
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 684 ) ( 1,426 )
Operating Profit or (Loss) 0 0
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 0 0
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 0 0

The notes form part of these financial statements

MONEY MASTERS LIMITED

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 1 1
Total fixed assets: 1 1
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 99 468
Total current assets: 99 468
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 99 468
Total assets less current liabilities: 100 469
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 100 469

The notes form part of these financial statements

MONEY MASTERS LIMITED

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 4 4
Revaluation reserve: 6 ( 588 ) ( 962 )
Profit and loss account: 684 1,427
Shareholders funds: 100 469

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 January 2025
And Signed On Behalf Of The Board By:

Name: J O V Carlyle-Lyon, J L D Carter
Status: Director

The notes form part of these financial statements

MONEY MASTERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MONEY MASTERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

MONEY MASTERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

MONEY MASTERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 January 2024 3,241
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers -
    At 31 December 2024 3,241
    Amortisation
    Amortisation at 01 January 2024 3,241
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 December 2024 3,241
    Net book value
    Net book value at 31 December 2024 0
    Net book value at 31 December 2023 0

MONEY MASTERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Tangible Assets

Total
Cost £
At 01 January 2024 3,241
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2024 3,241
Depreciation
At 01 January 2024 3,240
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 December 2024 3,240
Net book value
At 31 December 2024 1
At 31 December 2023 1

MONEY MASTERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Revaluation reserve


2024
£
Balance at 01 January 2024 ( 962 )
Surplus or deficit after revaluation 374
Balance at 31 December 2024 ( 588 )