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Company No: 08953998 (England and Wales)

M & S ENTERPRISES (HOLDINGS) LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

M & S ENTERPRISES (HOLDINGS) LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

M & S ENTERPRISES (HOLDINGS) LIMITED

BALANCE SHEET

As at 31 December 2024
M & S ENTERPRISES (HOLDINGS) LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 141,002 141,002
141,002 141,002
Current assets
Debtors 4 95 95
95 95
Creditors: amounts falling due within one year 5 ( 2) ( 2)
Net current assets 93 93
Total assets less current liabilities 141,095 141,095
Net assets 141,095 141,095
Capital and reserves
Called-up share capital 6 95 95
Capital redemption reserve 130,100 130,100
Profit and loss account 10,900 10,900
Total shareholders' funds 141,095 141,095

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of M & S Enterprises (Holdings) Limited (registered number: 08953998) were approved and authorised for issue by the Board of Directors on 07 May 2025. They were signed on its behalf by:

Mr T Sample
Director
M & S ENTERPRISES (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
M & S ENTERPRISES (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

M & S Enterprises (Holdings) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3 Bank Street, Newton Abbot, TQ12 2JL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 141,002
At 31 December 2024 141,002
Carrying value at 31 December 2024 141,002
Carrying value at 31 December 2023 141,002

4. Debtors

2024 2023
£ £
Other debtors 95 95

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 2 2

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
95 Ordinary shares of £ 1.00 each 95 95