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Mastertech Poole Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Freestone & Co
Chartered Accountants
1 The Centre
High Street
Gillingham
Dorset
SP8 4AB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08007637
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,114 37,203
20,114 37,203
CURRENT ASSETS
Stocks 5 2,927 3,959
Debtors 6 82,216 85,837
Cash at bank and in hand 302,784 289,856
387,927 379,652
Creditors: Amounts Falling Due Within One Year 7 (169,964 ) (191,125 )
NET CURRENT ASSETS (LIABILITIES) 217,963 188,527
TOTAL ASSETS LESS CURRENT LIABILITIES 238,077 225,730
PROVISIONS FOR LIABILITIES
Deferred Taxation - (4,026 )
NET ASSETS 238,077 221,704
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 237,877 221,504
SHAREHOLDERS' FUNDS 238,077 221,704
Page 1
Page 2
For the year ending 31 March 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr T J Hilder
Director
12 September 2025
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Mastertech Poole Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08007637 . The registered office is One The Centre, High Street, Gillingham, Dorset, SP8 4AB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Not depreciated
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 7,114 35,785 60,992 1,030
Disposals - (3,591 ) - -
As at 31 March 2025 7,114 32,194 60,992 1,030
...CONTINUED
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Depreciation
As at 1 April 2024 - 31,522 35,617 1,030
Provided during the period - 2,038 14,748 -
Disposals - (3,591 ) - -
As at 31 March 2025 - 29,969 50,365 1,030
Net Book Value
As at 31 March 2025 7,114 2,225 10,627 -
As at 1 April 2024 7,114 4,263 25,375 -
Computer Equipment Total
£ £
Cost
As at 1 April 2024 1,945 106,866
Disposals (280 ) (3,871 )
As at 31 March 2025 1,665 102,995
Depreciation
As at 1 April 2024 1,494 69,663
Provided during the period 303 17,089
Disposals (280 ) (3,871 )
As at 31 March 2025 1,517 82,881
Net Book Value
As at 31 March 2025 148 20,114
As at 1 April 2024 451 37,203
5. Stocks
2025 2024
£ £
Stock 2,927 3,959
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 17,464 16,883
Other debtors 64,752 68,954
82,216 85,837
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 25,289 49,957
Other creditors 65,322 60,184
Taxation and social security 79,353 80,984
169,964 191,125
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Later than five years 26,265 26,265
26,265 26,265
Operating lease payments represent rentals payable by the company for certain of its business premises. The lease was negociated for a term of 20 years expiring in June 2032. Rentals are subject to review every 5 years and there is no agreement in place at the date of signing of these accounts. 
10. Directors Advances, Credits and Guarantees
Dividends totalling £124,461 (2024 - £118,622) were paid in the year in respect of shares held by the company's directors.
Mr J B Dunn was paid dividends of £39,461 during the year in respect of his Ordinary shares held. 
Mr T J Hilder was paid dividends of £60,000 during the year in respect of his Ordinary shares held. Mr T J Hilder waived dividends of £13,131 in respect of his Ordinary shares held.
Mr T J Hilder was also paid dividends of £25,000 during the year in respect of his Ordinary A shares held.   
2025 2024
£ £
Mr T J Hilder 85,000 85,000
Mr J B Dunn 39,461 33,622
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11. Related Party Transactions
During the year, the company operated loan accounts with its directors to assist with its trade. At the year end the company owed Mr J B Dunn £14,090 (2024 - £14,930), and owed Mr T J Hilder £157 (2024 - £16,388).
These loans are interest-free and repayable on demand.
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