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REGISTERED NUMBER: 10560282 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

MASTER KEY SIMULATIONS LIMITED

MASTER KEY SIMULATIONS LIMITED (REGISTERED NUMBER: 10560282)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Statement of Financial Position 1

Notes to the Financial Statements 2


MASTER KEY SIMULATIONS LIMITED (REGISTERED NUMBER: 10560282)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,892 13,821

CURRENT ASSETS
Debtors 5 930 -
Cash at bank 46,450 28,814
47,380 28,814
CREDITORS
Amounts falling due within one year 6 19,811 19,313
NET CURRENT ASSETS 27,569 9,501
TOTAL ASSETS LESS CURRENT LIABILITIES 41,461 23,322

PROVISIONS FOR LIABILITIES 2,667 2,626
NET ASSETS 38,794 20,696

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 38,793 20,695
SHAREHOLDERS' FUNDS 38,794 20,696

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 18th June 2025 and were signed by:





J Blumberg - Director


MASTER KEY SIMULATIONS LIMITED (REGISTERED NUMBER: 10560282)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Master Key Simulations 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: 10560282

Registered office: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP

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


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 - 33% on cost
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2024 - 1 ) .

MASTER KEY SIMULATIONS LIMITED (REGISTERED NUMBER: 10560282)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st April 2024 16,249 14,946 31,195
Additions 10,239 - 10,239
Disposals (285 ) - (285 )
At 31st March 2025 26,203 14,946 41,149
DEPRECIATION
At 1st April 2024 9,227 8,147 17,374
Charge for year 6,235 3,805 10,040
Eliminated on disposal (157 ) - (157 )
At 31st March 2025 15,305 11,952 27,257
NET BOOK VALUE
At 31st March 2025 10,898 2,994 13,892
At 31st March 2024 7,022 6,799 13,821

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 930 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 17,465 17,357
Other creditors 2,346 1,956
19,811 19,313