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REGISTERED NUMBER: 07234670 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MASSEY PR LIMITED

MASSEY PR LIMITED (REGISTERED NUMBER: 07234670)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MASSEY PR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr J N G Massey





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 07234670 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

MASSEY PR LIMITED (REGISTERED NUMBER: 07234670)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,891
Investments 5 108,627 96,023
108,627 98,914

CURRENT ASSETS
Debtors 6 59,252 40,731
Cash at bank and in hand 118,492 93,846
177,744 134,577
CREDITORS
Amounts falling due within one year 7 78,212 66,259
NET CURRENT ASSETS 99,532 68,318
TOTAL ASSETS LESS CURRENT
LIABILITIES

208,159

167,232

PROVISIONS FOR LIABILITIES 8 2,429 722
NET ASSETS 205,730 166,510

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 205,630 166,410
SHAREHOLDERS' FUNDS 205,730 166,510

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

MASSEY PR LIMITED (REGISTERED NUMBER: 07234670)

BALANCE SHEET - continued
31 OCTOBER 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 12 March 2025 and were signed by:





Mr J N G Massey - Director


MASSEY PR LIMITED (REGISTERED NUMBER: 07234670)

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

1. STATUTORY INFORMATION

Massey PR 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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.

MASSEY PR LIMITED (REGISTERED NUMBER: 07234670)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2023 13,706 16,082 29,788
Disposals (3,470 ) (15,702 ) (19,172 )
At 31 October 2024 10,236 380 10,616
DEPRECIATION
At 1 November 2023 11,195 15,702 26,897
Charge for year 2,511 380 2,891
Eliminated on disposal (3,470 ) (15,702 ) (19,172 )
At 31 October 2024 10,236 380 10,616
NET BOOK VALUE
At 31 October 2024 - - -
At 31 October 2023 2,511 380 2,891

5. FIXED ASSET INVESTMENTS
Other
investme
£   
COST OR VALUATION
At 1 November 2023 96,023
Additions 2,327
Revaluations 10,277
At 31 October 2024 108,627
NET BOOK VALUE
At 31 October 2024 108,627
At 31 October 2023 96,023

MASSEY PR LIMITED (REGISTERED NUMBER: 07234670)

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

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 October 2024 is represented by:

Other
investme
£   
Valuation in 2023 96,023
Valuation in 2024 12,604
108,627

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 51,470 38,417
Other debtors 7,782 2,314
59,252 40,731

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Taxation and social security 74,213 60,105
Other creditors 3,999 6,154
78,212 66,259

8. PROVISIONS FOR LIABILITIES
31.10.24 31.10.23
£    £   
Deferred tax 2,429 722

Deferred
tax
£   
Balance at 1 November 2023 722
accelerated capital allowances
Balance at 31 October 2024 722

MASSEY PR LIMITED (REGISTERED NUMBER: 07234670)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
50 A Ordinary £1 50 50
50 B Ordinary £1 50 50
100 100

10. RELATED PARTY DISCLOSURES

The director, Mr J Massey, maintains an interest free loan with the company. At the year end, the company owed the director £57 (2023: £3,603).

11. ULTIMATE CONTROLLING PARTY

Mr J N G Massey is the ultimate controlling party.