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Company Registration No. 05579227 (England and Wales)
MSSEC LTD Unaudited accounts for the year ended 30 September 2024
MSSEC LTD Unaudited accounts Contents
Page
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MSSEC LTD Company Information for the year ended 30 September 2024
Directors
Ralph Peter Aldenhoven Marc Simon Sofer
Secretary
Janet Sofer
Company Number
05579227 (England and Wales)
Registered Office
bdh Tax Capitol Square, 4-6 Church Street Epsom KT17 4NR United Kingdom
Accountants
bdh Tax Capitol Square 4-6 Church Street Epsom KT17 4NR
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MSSEC LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,741 
8,262 
Investment property
1,950,000 
1,950,000 
Investments
400 
400 
1,965,141 
1,958,662 
Current assets
Inventories
650,000 
650,000 
Debtors
272,677 
269,661 
Cash at bank and in hand
10,875 
34,089 
933,552 
953,750 
Creditors: amounts falling due within one year
(12,553)
(28,677)
Net current assets
920,999 
925,073 
Total assets less current liabilities
2,886,140 
2,883,735 
Creditors: amounts falling due after more than one year
(1,702,864)
(1,702,864)
Net assets
1,183,276 
1,180,871 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
875,908 
875,908 
Profit and loss account
307,366 
304,961 
Shareholders' funds
1,183,276 
1,180,871 
For the year ending 30 September 2024 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 29 July 2025 and were signed on its behalf by
Marc Simon Sofer Director Company Registration No. 05579227
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MSSEC LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
MSSEC LTD is a private company, limited by shares, registered in England and Wales, registration number 05579227. The registered office is bdh Tax, Capitol Square, 4-6 Church Street, Epsom, KT17 4NR, United Kingdom.
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.
Turnover
Rents Received 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 and depreciation
Tangible assets are included at cost less depreciation and impairment.
Investments in associates
Investments in associate undertakings are recognised at cost.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement.
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MSSEC LTD Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
16,659 
5,225 
21,884 
Additions
- 
8,994 
8,994 
At 30 September 2024
16,659 
14,219 
30,878 
Depreciation
At 1 October 2023
8,397 
5,225 
13,622 
Charge for the year
2,065 
450 
2,515 
At 30 September 2024
10,462 
5,675 
16,137 
Net book value
At 30 September 2024
6,197 
8,544 
14,741 
At 30 September 2023
8,262 
- 
8,262 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
1,950,000 
At 30 September 2024
1,950,000 
6
Investments
Other investments 
£ 
Valuation at 1 October 2023
400 
Valuation at 30 September 2024
400 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
186,777 
145,350 
Other debtors
85,900 
124,311 
272,677 
269,661 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
11,546 
27,648 
Accruals
1,007 
1,029 
12,553 
28,677 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,702,864 
1,702,864 
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MSSEC LTD Notes to the Accounts for the year ended 30 September 2024
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Marc Simon Sofer
Director's loan
124,311 
123,000 
161,411 
85,900 
124,311 
123,000 
161,411 
85,900 
11
Transactions with related parties
Included in other debtors is an amount of £142,814 (2022: £142,814) which represents an amount receivable from MSSEC Commercial Limited, a company controlled by M S Sofer. This amount receivable relates to amounts that the company has paid on behalf of MSSEC Commercial Limited.
12
Controlling party
The company is controlled by Ralph Peter Aldenhoven, a director of the company.
13
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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