Company Registration No. 13904547 (England and Wales)
Masons Property Investment Limited
Unaudited accounts
for the year ended 28 February 2025
Masons Property Investment Limited
Unaudited accounts
Contents
Masons Property Investment Limited
Company Information
for the year ended 28 February 2025
Company Number
13904547 (England and Wales)
Registered Office
554 Lordship Lane
London
London
N22 5BY
England
Accountants
DNG Associates
214 Baker Street
Enfield
EN1 3JY
Masons Property Investment Limited
Statement of financial position
as at 28 February 2025
Investment property
442,000
468,100
Cash at bank and in hand
1,595
278
Creditors: amounts falling due within one year
(205,319)
(188,058)
Net current liabilities
(198,765)
(187,780)
Total assets less current liabilities
243,235
280,320
Creditors: amounts falling due after more than one year
(288,445)
(288,445)
Net liabilities
(45,210)
(8,125)
Called up share capital
100
100
Revaluation reserve
(21,141)
-
Profit and loss account
(24,169)
(8,225)
Shareholders' funds
(45,210)
(8,125)
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 9 October 2025 and were signed on its behalf by
Onder OZDIL
Director
Company Registration No. 13904547
Masons Property Investment Limited
Notes to the Accounts
for the year ended 28 February 2025
Masons Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 13904547. The registered office is 554 Lordship Lane, London, London, N22 5BY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
Fair value at 1 March 2024
468,100
Net loss from fair value adjustments
(26,100)
At 28 February 2025
442,000
Amounts falling due within one year
Deferred tax asset
4,959
-
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
63,000
61,500
Loans from directors
142,069
126,308
Masons Property Investment Limited
Notes to the Accounts
for the year ended 28 February 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
288,445
288,445
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(126,308)
-
15,761
(142,069)
(126,308)
-
15,761
(142,069)
There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).