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Company Registration No. 2713274 (England and Wales)
Martin Mason Homes Limited Unaudited accounts for the year ended 31 May 2025
Martin Mason Homes Limited Unaudited accounts Contents
Page
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Martin Mason Homes Limited Company Information for the year ended 31 May 2025
Directors
Mr M Mason Mrs L A Mason
Secretary
Mrs L A Mason
Company Number
2713274 (England and Wales)
Registered Office
WOODFORD HOUSE MAIN STREET, KILNWICK DRIFFIELD, N. HUMBERSIDE. YO25 9JD
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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Martin Mason Homes Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,329 
39,255 
Investment property
1,130,000 
1,130,000 
1,165,329 
1,169,255 
Current assets
Debtors
4,000 
4,000 
Cash at bank and in hand
72,218 
69,771 
76,218 
73,771 
Creditors: amounts falling due within one year
(16,181)
(17,289)
Net current assets
60,037 
56,482 
Total assets less current liabilities
1,225,366 
1,225,737 
Provisions for liabilities
Deferred tax
(21,587)
(21,587)
Net assets
1,203,779 
1,204,150 
Capital and reserves
Called up share capital
1,000 
1,000 
Revaluation reserve
70,000 
70,000 
Profit and loss account
1,132,779 
1,133,150 
Shareholders' funds
1,203,779 
1,204,150 
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2025 and were signed on its behalf by
Mr M Mason Director Company Registration No. 2713274
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Martin Mason Homes Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Martin Mason Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 2713274. The registered office is WOODFORD HOUSE, MAIN STREET, KILNWICK, DRIFFIELD,, N. HUMBERSIDE. , YO25 9JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on a reducing balance
Motor vehicles
25% on a reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. Deferred tax is has not been charged on the Investment land as it believed it will not create a future deferred tax liability.
Investment property
Investment properties are included at fair value. Gains are recognised in the income statement. Deferred taxation (if any) is provided on these gains at the rate expected to apply when the property is sold.
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Martin Mason Homes Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2024
184,977 
19,974 
204,951 
At 31 May 2025
184,977 
19,974 
204,951 
Depreciation
At 1 June 2024
145,722 
19,974 
165,696 
Charge for the year
3,926 
- 
3,926 
At 31 May 2025
149,648 
19,974 
169,622 
Net book value
At 31 May 2025
35,329 
- 
35,329 
At 31 May 2024
39,255 
- 
39,255 
5
Investment property
2025 
£ 
Fair value at 1 June 2024
1,130,000 
At 31 May 2025
1,130,000 
The investment properties brought forward and carried forward relates to commercial land and two residential properties. Valuations have been provided by the director. No professional valuations have been undertaken.
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,000 
4,000 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
1,863 
2,004 
Trade creditors
- 
110 
Taxes and social security
9,910 
10,979 
Loans from directors
2,278 
2,156 
Accruals
2,130 
2,040 
16,181 
17,289 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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