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REGISTERED NUMBER: 07834322 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MASSIVE CORPORATION LIMITED

MASSIVE CORPORATION LIMITED (REGISTERED NUMBER: 07834322)






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


MASSIVE CORPORATION LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: M A Swallow
Mrs J M Swallow





REGISTERED OFFICE: One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB





REGISTERED NUMBER: 07834322 (England and Wales)





ACCOUNTANTS: Dafferns LLP
Chartered Accountants
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

MASSIVE CORPORATION LIMITED (REGISTERED NUMBER: 07834322)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 164,939 236,458
Investments 5 18,000 18,000
182,939 254,458

CURRENT ASSETS
Stocks 133,511 269,849
Debtors 6 309,421 300,318
Cash at bank 21,247 13,261
464,179 583,428
CREDITORS
Amounts falling due within one year 7 303,185 101,491
NET CURRENT ASSETS 160,994 481,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

343,933

736,395

CREDITORS
Amounts falling due after more than one
year

8

(166,098

)

(186,330

)

PROVISIONS FOR LIABILITIES - (28,000 )
NET ASSETS 177,835 522,065

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 177,833 522,063
SHAREHOLDERS' FUNDS 177,835 522,065

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 directors acknowledge their 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.

MASSIVE CORPORATION LIMITED (REGISTERED NUMBER: 07834322)

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 Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:





M A Swallow - Director


MASSIVE CORPORATION LIMITED (REGISTERED NUMBER: 07834322)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Massive Corporation 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.

The presentation currency of the financial statements is the pound sterling (£) and rounded to the nearest £1.

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 - 33% straight line, 20% straight line and 10% straight line

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its 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.

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.

MASSIVE CORPORATION LIMITED (REGISTERED NUMBER: 07834322)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 389,163
Additions 577
Disposals (181 )
At 31 March 2024 389,559
DEPRECIATION
At 1 April 2023 152,705
Charge for year 72,013
Eliminated on disposal (98 )
At 31 March 2024 224,620
NET BOOK VALUE
At 31 March 2024 164,939
At 31 March 2023 236,458

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investment Cost 18,000 18,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,700 2,400
Dormatia/Alunno 287,604 287,578
Tax 1,149 -
VAT - 4,143
Prepayments and Accrued Income 18,968 6,197
309,421 300,318

MASSIVE CORPORATION LIMITED (REGISTERED NUMBER: 07834322)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 20,273 20,273
Trade creditors 5,509 3,376
Tax - 70,736
VAT 5,478 -
Credit Card 10,387 2,448
Directors' current accounts 260,063 2,655
Accrued expenses 1,475 2,003
303,185 101,491

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 166,098 186,330