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REGISTERED NUMBER: 05865907 (England and Wales)











Unaudited Financial Statements for the Year Ended 30 April 2024

for

Masbro Investments Ltd

Masbro Investments Ltd (Registered number: 05865907)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Masbro Investments Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr S Mason





REGISTERED OFFICE: Knoll Business Centre
325 - 327 Old Shoreham Road
Hove
East Sussex
BN3 7GS





REGISTERED NUMBER: 05865907 (England and Wales)

Masbro Investments Ltd (Registered number: 05865907)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 251,408 251,408
Investments 5 650,000 650,000
901,408 901,408

CURRENT ASSETS
Debtors 6 160,668 160,668
Cash at bank 39,955 39,955
200,623 200,623
CREDITORS
Amounts falling due within one year 7 128,354 128,354
NET CURRENT ASSETS 72,269 72,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

973,677

973,677

CREDITORS
Amounts falling due after more than one
year

8

861,516

861,516
NET ASSETS 112,161 112,161

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 112,159 112,159
112,161 112,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Masbro Investments Ltd (Registered number: 05865907)

Balance Sheet - continued
30 April 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 31 January 2025 and were signed by:





Mr S Mason - Director


Masbro Investments Ltd (Registered number: 05865907)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Masbro Investments 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.

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.

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.

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.

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 2 (2023 - 2 ) .

Masbro Investments Ltd (Registered number: 05865907)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 250,000 1,729 251,729
DEPRECIATION
At 1 May 2023
and 30 April 2024 - 321 321
NET BOOK VALUE
At 30 April 2024 250,000 1,408 251,408
At 30 April 2023 250,000 1,408 251,408

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 650,000
NET BOOK VALUE
At 30 April 2024 650,000
At 30 April 2023 650,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 152,949 152,949
Other debtors 283 283
No description 7,436 7,436
160,668 160,668

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 51,672 51,672
Trade creditors (2 ) (2 )
Tax 945 945
Social security and other taxes 48 48
Other creditors 957 957
Directors' current accounts 73,294 73,294
Accrued expenses 1,440 1,440
128,354 128,354

Masbro Investments Ltd (Registered number: 05865907)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans more 5 yr by instal 410,307 410,307
Paragon Mortgage 203,767 203,767
Landbay Mortgage 247,442 247,442
861,516 861,516

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 410,307 410,307
Paragon Mortgage 203,767 203,767
Landbay Mortgage 247,442 247,442
861,516 861,516