IRIS Accounts Production v25.1.0.734 09217806 Board of Directors Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092178062023-12-31092178062024-12-31092178062024-01-012024-12-31092178062022-12-31092178062023-01-012023-12-31092178062023-12-3109217806ns15:EnglandWales2024-01-012024-12-3109217806ns14:PoundSterling2024-01-012024-12-3109217806ns10:Director12024-01-012024-12-3109217806ns10:Director22024-01-012024-12-3109217806ns10:Director32024-01-012024-12-3109217806ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3109217806ns10:SmallEntities2024-01-012024-12-3109217806ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3109217806ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3109217806ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3109217806ns10:FullAccounts2024-01-012024-12-3109217806ns5:CurrentFinancialInstruments2024-12-3109217806ns5:CurrentFinancialInstruments2023-12-3109217806ns5:Non-currentFinancialInstruments2024-12-3109217806ns5:Non-currentFinancialInstruments2023-12-3109217806ns5:ShareCapital2024-12-3109217806ns5:ShareCapital2023-12-3109217806ns5:RetainedEarningsAccumulatedLosses2024-12-3109217806ns5:RetainedEarningsAccumulatedLosses2023-12-3109217806ns10:RegisteredOffice2024-01-012024-12-3109217806ns5:LongLeaseholdAssetsns5:LandBuildings2024-01-012024-12-3109217806ns5:PlantMachinery2024-01-012024-12-3109217806ns5:LandBuildings2023-12-3109217806ns5:PlantMachinery2023-12-3109217806ns5:LandBuildings2024-01-012024-12-3109217806ns5:LandBuildings2024-12-3109217806ns5:PlantMachinery2024-12-3109217806ns5:LandBuildings2023-12-3109217806ns5:PlantMachinery2023-12-3109217806ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3109217806ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3109217806ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-12-3109217806ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-12-3109217806ns5:WithinOneYear2024-12-3109217806ns5:WithinOneYear2023-12-31
REGISTERED NUMBER: 09217806 (England and Wales)












MASON GILLIBRAND LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






MASON GILLIBRAND LIMITED (REGISTERED NUMBER: 09217806)

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










Page

Balance Sheet 1

Notes to the Financial Statements 3


MASON GILLIBRAND LIMITED (REGISTERED NUMBER: 09217806)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 20,186 34,542

Current assets
Debtors 5 208,557 169,462
Prepayments and accrued income 5,487 6,147
Cash at bank and in hand 172,170 314,886
386,214 490,495
Creditors
Amounts falling due within one year 6 134,432 184,446
Net current assets 251,782 306,049
Total assets less current liabilities 271,968 340,591

Creditors
Amounts falling due after more than one
year

7

(12,557

)

(19,614

)

Provisions for liabilities (3,603 ) (6,997 )

Accruals and deferred income (8,375 ) (6,401 )
Net assets 247,433 307,579

Capital and reserves
Called up share capital 90 90
Retained earnings 247,343 307,489
247,433 307,579

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

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

MASON GILLIBRAND LIMITED (REGISTERED NUMBER: 09217806)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:




Mr P M Duckett - Director Mr L M Donner - Director




Mr J J Handy - Director


MASON GILLIBRAND LIMITED (REGISTERED NUMBER: 09217806)

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


1. Statutory information

Mason Gillibrand 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: 09217806

Registered office: 16 Willow Mill
Fell View
Caton
LANCASTER
LA2 9RA

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 and represents amounts receivable, for services provided in the normal course of business, net of discounts, rebates, value added tax and other sales taxes.

Turnover is recognised at a point in time when a performance obligation is satisfied by transferring a service to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tennants improvements - 15% Reducing balance
Plant and machinery - 25% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


MASON GILLIBRAND LIMITED (REGISTERED NUMBER: 09217806)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2023 - 13 ) .

4. Tangible fixed assets
Plant and
Tenants machinery
improvements etc Totals
£    £    £   
Cost
At 1 January 2024
and 31 December 2024 22,511 85,264 107,775
Depreciation
At 1 January 2024 17,306 55,927 73,233
Charge for year 783 13,573 14,356
At 31 December 2024 18,089 69,500 87,589
Net book value
At 31 December 2024 4,422 15,764 20,186
At 31 December 2023 5,205 29,337 34,542

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 142,790 107,712
Amounts recoverable on contract 65,767 61,750
208,557 169,462

MASON GILLIBRAND LIMITED (REGISTERED NUMBER: 09217806)

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


6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 6,000 5,073
Hire purchase contracts (see note 8) - 1,939
Taxation and social security 122,736 167,785
Other creditors 5,696 9,649
134,432 184,446

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 12,557 19,614

8. Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year - 1,939

Non-cancellable operating leases
2024 2023
£    £   
Within one year 13,011 12,420