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REGISTERED NUMBER: 09195837 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

All Masons Locksmiths Limited

All Masons Locksmiths Limited (Registered number: 09195837)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


All Masons Locksmiths Limited (Registered number: 09195837)

Abridged Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,000 2,000
Tangible assets 5 13,198 14,633
14,198 16,633

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 19,318 41,391
Cash at bank 94,416 41,274
117,734 86,665
CREDITORS
Amounts falling due within one year 67,178 45,613
NET CURRENT ASSETS 50,556 41,052
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,754

57,685

CREDITORS
Amounts falling due after more than one
year

(23,569

)

(29,609

)

PROVISIONS FOR LIABILITIES (2,508 ) (2,780 )
NET ASSETS 38,677 25,296

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 38,576 25,195
SHAREHOLDERS' FUNDS 38,677 25,296

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

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

All Masons Locksmiths Limited (Registered number: 09195837)

Abridged Balance Sheet - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 February 2025 and were signed on its behalf by:





R E Mason - Director


All Masons Locksmiths Limited (Registered number: 09195837)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

All Masons Locksmiths Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09195837

Registered office: Valley View
Tugby Orchards Business Centre
Wood Lane
Tugby
Leicestershire
LE7 9WE

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

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 - 25% on cost and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


All Masons Locksmiths Limited (Registered number: 09195837)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 4,000
AMORTISATION
At 1 September 2023 2,000
Amortisation for year 1,000
At 31 August 2024 3,000
NET BOOK VALUE

At 31 August 2024 1,000
At 31 August 2023 2,000

All Masons Locksmiths Limited (Registered number: 09195837)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 23,121
Additions 1,985
At 31 August 2024 25,106
DEPRECIATION
At 1 September 2023 8,488
Charge for year 3,420
At 31 August 2024 11,908
NET BOOK VALUE
At 31 August 2024 13,198
At 31 August 2023 14,633