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REGISTERED NUMBER: 08696192 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

A A Massen Trading Limited

A A Massen Trading Limited (Registered number: 08696192)

Contents of the Financial Statements
for the Year Ended 28 February 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


A A Massen Trading Limited (Registered number: 08696192)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £ £
Fixed assets
Tangible assets 5 3,157 4,210
Investments 6 2 2
Investment property 7 590,000 565,000
593,159 569,212

Current assets
Stocks 3,362 3,362
Debtors 8 2,054,618 1,973,245
Cash at bank 237,275 350,913
2,295,255 2,327,520
Creditors
Amounts falling due within one year 9 (398,430 ) (358,556 )
Net current assets 1,896,825 1,968,964
Total assets less current liabilities 2,489,984 2,538,176

Provisions for liabilities (45,590 ) (39,650 )
Net assets 2,444,394 2,498,526

Capital and reserves
Called up share capital 10 100 100
Retained earnings 11 2,444,294 2,498,426
Shareholders' funds 2,444,394 2,498,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

A A Massen Trading Limited (Registered number: 08696192)

Balance Sheet - continued
28 February 2025


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 28 May 2025 and were signed on its behalf by:




Mr R M Massen - Director



Mr S J Massen - Director


A A Massen Trading Limited (Registered number: 08696192)

Notes to the Financial Statements
for the Year Ended 28 February 2025


1. Statutory information

A A Massen Trading 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: 08696192

Registered office: 15 Senters Road
Dersingham
King's Lynn
Norfolk
PE31 6LJ

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of investment properties measured at fair value through profit or loss.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant effect upon the figures reported in the financial statements are in respect of the directors' year-end valuation of investment properties, as described below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue in respect of rental income is recognised monthly under the terms of relevant leases. Revenue in respect of contract work performed is recognised on a degree of completion basis.

A A Massen Trading Limited (Registered number: 08696192)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


3. Accounting policies - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 25% p.a. reducing balance

Tangible fixed assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items. Net realisable value is calculated at the lower of cost or selling price less cost to complete.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. 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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

A A Massen Trading Limited (Registered number: 08696192)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


3. Accounting policies - continued

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.

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.

4. Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

5. Tangible fixed assets
Motor Computer
vehicles equipment Totals
£ £ £
Cost
At 1 March 2024
and 28 February 2025 30,535 1,102 31,637
Depreciation
At 1 March 2024 26,461 966 27,427
Charge for year 1,019 34 1,053
At 28 February 2025 27,480 1,000 28,480
Net book value
At 28 February 2025 3,055 102 3,157
At 29 February 2024 4,074 136 4,210

A A Massen Trading Limited (Registered number: 08696192)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


6. Fixed asset investments
Other
investments
£
Cost
At 1 March 2024
and 28 February 2025 2
Net book value
At 28 February 2025 2
At 29 February 2024 2

7. Investment property
Total
£
Fair value
At 1 March 2024 565,000
Revaluations 25,000
At 28 February 2025 590,000
Net book value
At 28 February 2025 590,000
At 29 February 2024 565,000

The investment properties were revalued by the directors at the year end on the basis of rental income, as appropriate. Changes in the fair value of investment properties are treated as other operating income and recognised in profit and loss for the year.

8. Debtors: amounts falling due within one year
28.2.25 29.2.24
£ £
Other debtors 2,054,618 1,973,245

9. Creditors: amounts falling due within one year
28.2.25 29.2.24
£ £
Trade creditors 342 103
Taxation and social security 2,553 300
Other creditors 395,535 358,153
398,430 358,556

A A Massen Trading Limited (Registered number: 08696192)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £ £
80 Ordinary A £1 80 80
20 Ordinary B £1 20 20
100 100

11. Reserves

Profit and loss account - This reserve records distributable retained earnings and accumulated losses, including fair value adjustments arising in respect of the company's investment properties. As at the balance sheet date, the non-distributable element of the retained Profit and Loss Account amounted to £165,200 (2024: £146,400).

12. Related party disclosures

At the balance sheet date, a company under the joint ownership and control of the directors owed A A Massen Trading Limited £440,500 (2024: £440,500).

At the balance sheet date, a second company controlled by the directors owed A A Massen Trading Limited £1,604,462 (2024: £1,521,140). During the year, a management charge of £91,000 (2024: £45,000) was received from this company.