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Company Registration No. 14582416 (England and Wales)
Maskill Investments Limited Unaudited accounts for the year ended 31 December 2024
Maskill Investments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Maskill Investments Limited Company Information for the year ended 31 December 2024
Directors
Thomas Maskill Jodie Maskill
Company Number
14582416 (England and Wales)
Registered Office
3 BANKS ROW ABERFORD LEEDS WEST YORKSHIRE LS25 3AD ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Maskill Investments Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,013 
640 
Investment property
5
970,000 
289,996 
974,013 
290,636 
Current assets
Debtors
6
2,719 
950 
Cash at bank and in hand
9,675 
102,916 
12,394 
103,866 
Creditors: amounts falling due within one year
7
(624,747)
(413,851)
Net current liabilities
(612,353)
(309,985)
Total assets less current liabilities
361,660 
(19,349)
Creditors: amounts falling due after more than one year
8
(114,750)
- 
Provisions for liabilities
Deferred tax
(73,679)
- 
Net assets/(liabilities)
173,231 
(19,349)
Capital and reserves
Called up share capital
12 
12 
Revaluation reserve
221,039 
- 
Profit and loss account
(47,820)
(19,361)
Shareholders' funds
173,231 
(19,349)
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 29 September 2025 and were signed on its behalf by
Jodie Maskill Director Company Registration No. 14582416
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Maskill Investments Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Maskill Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 14582416. The registered office is 3 BANKS ROW, ABERFORD, LEEDS, WEST YORKSHIRE, LS25 3AD, 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: Computer Equipment - 33% per annum
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
- 
958 
958 
Additions
5,051 
- 
5,051 
At 31 December 2024
5,051 
958 
6,009 
Depreciation
At 1 January 2024
- 
318 
318 
Charge for the year
1,038 
640 
1,678 
At 31 December 2024
1,038 
958 
1,996 
Net book value
At 31 December 2024
4,013 
- 
4,013 
At 31 December 2023
- 
640 
640 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
289,996 
Additions
385,286 
Net gain from fair value adjustments
294,718 
At 31 December 2024
970,000 
- 5 -
Maskill Investments Limited Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
590 
Other debtors
2,719 
- 
2,719 
590 
Amounts falling due after more than one year
Other debtors
- 
360 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,223 
- 
Other creditors
1,998 
- 
Loans from directors
621,001 
413,326 
Accruals
525 
525 
624,747 
413,851 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
114,750 
- 
Aggregate of amounts that fall due for payment after five years
114,750 
- 
In February 2024, the company received a mortgage advance of £114,750 from Vida Loans. The mortgage is secured by 1st legal charge over 13 Colwyn Terrace, WF7 6JU, a property held by the company. A fixed interest rate of 5.79% is charged per annum. The mortgage is interest only, and is repayable by February 2049.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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