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Company Registration No. 09295769 (England and Wales)
Mass Foam Systems Limited Unaudited accounts for the year ended 31 December 2024
Mass Foam Systems Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Mass Foam Systems Limited Company Information for the year ended 31 December 2024
Directors
Roy Dunn Brian Massow
Company Number
09295769 (England and Wales)
Registered Office
Mass Foam Systems Ltd 29 Balena Close Poole Dorset BH17 7EB England
Accountants
The Thrive Hub Suite A 82 James Carter Road Mildenhall IP28 7DE
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Mass Foam Systems Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
176,618 
283,991 
Current assets
Debtors
5
558,911 
487,436 
Cash at bank and in hand
46,170 
55,130 
605,081 
542,566 
Creditors: amounts falling due within one year
6
(61,049)
(105,955)
Net current assets
544,032 
436,611 
Total assets less current liabilities
720,650 
720,602 
Creditors: amounts falling due after more than one year
7
(34,397)
(16,213)
Provisions for liabilities
Other provisions
8
(168,738)
(69,156)
Net assets
517,515 
635,233 
Capital and reserves
Profit and loss account
517,515 
635,233 
Shareholders' funds
517,515 
635,233 
For the year ending 31 December 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 11 June 2025 and were signed on its behalf by
Roy Dunn Director Company Registration No. 09295769
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Mass Foam Systems Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Mass Foam Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 09295769. The registered office is Mass Foam Systems Ltd, 29 Balena Close, Poole, Dorset, BH17 7EB, England.
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
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
398,436 
417,643 
4,469 
12,955 
833,503 
Additions
10,197 
48,541 
- 
2,627 
61,365 
At 31 December 2024
408,633 
466,184 
4,469 
15,582 
894,868 
Depreciation
At 1 January 2024
300,333 
236,974 
1,857 
10,348 
549,512 
Charge for the year
81,726 
83,528 
893 
2,591 
168,738 
At 31 December 2024
382,059 
320,502 
2,750 
12,939 
718,250 
Net book value
At 31 December 2024
26,574 
145,682 
1,719 
2,643 
176,618 
At 31 December 2023
98,103 
180,669 
2,612 
2,607 
283,991 
- 5 -
Mass Foam Systems Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
12,779 
11,355 
Trade debtors
178,469 
130,237 
Other debtors
4,319 
(6,023)
195,567 
135,569 
Amounts falling due after more than one year
Trade debtors
11,477 
- 
Other debtors
351,867 
351,867 
363,344 
351,867 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
(1,370)
(3,650)
Trade creditors
225 
225 
Taxes and social security
46,046 
56,602 
Other creditors
14,573 
51,203 
Accruals
1,575 
1,575 
61,049 
105,955 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
22,920 
16,213 
Accruals
11,477 
- 
34,397 
16,213 
8
Provisions for liabilities
£ 
At 1 January 2024
69,156 
Additional provisions made during the period
99,582 
At 31 December 2024
168,738 
Prior Year Adjustment – Software Error The retained earnings brought forward in the trial balance imported from the bookkeeping system overstated the company’s reserves due to a prior period bookkeeping error. Although dividends were correctly disclosed and accounted for in the statutory financial statements for the year ended 2023, they were not reflected in the software’s retained earnings. An adjustment has therefore been recognised within provisions in the current year to ensure that the company’s net assets reconcile accurately to its equity. This adjustment does not represent a present obligation and has been included solely to correct the cumulative reserves in the accounts.
9
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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