Company Registration No. 11827201 (England and Wales)
More Maison Ltd
Unaudited accounts
for the year ended 31 March 2025
More Maison Ltd
Unaudited accounts
Contents
More Maison Ltd
Company Information
for the year ended 31 March 2025
Directors
Maria Diane Loosemore
Mark John Loosemore
Company Number
11827201 (England and Wales)
Registered Office
Loosemore House
Brannam Crescent, Roundswell Business Pa
Barnstaple
Devon
EX31 3TD
England
Accountants
Swift Accounting & Bookkeeping Services Ltd
Ground Floor
The Custom House
The Strand
Barnstaple
Devon
EX31 1EU
More Maison Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
49,911
32,944
Investment property
5,935,000
5,955,000
Cash at bank and in hand
150,237
76,771
Creditors: amounts falling due within one year
(49,165)
(129,185)
Net current assets
211,049
190,231
Total assets less current liabilities
6,195,960
6,178,175
Creditors: amounts falling due after more than one year
(40,859)
(29,517)
Provisions for liabilities
Deferred tax
(122,937)
(118,695)
Net assets
6,032,164
6,029,963
Called up share capital
5,946,380
5,946,380
Profit and loss account
85,784
83,583
Shareholders' funds
6,032,164
6,029,963
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 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 21 October 2025 and were signed on its behalf by
Mark John Loosemore
Director
Company Registration No. 11827201
More Maison Ltd
Notes to the Accounts
for the year ended 31 March 2025
More Maison Ltd is a private company, limited by shares, registered in England and Wales, registration number 11827201. The registered office is Loosemore House, Brannam Crescent, Roundswell Business Pa, Barnstaple, Devon, EX31 3TD, 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.
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
Straight Line over 5 years
Motor vehicles
20% Reducing Balance
Computer equipment
25% Reducing Balance
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
More Maison Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
3,199
38,793
1,746
43,738
Additions
-
29,995
-
29,995
At 31 March 2025
3,199
68,788
1,746
73,733
At 1 April 2024
1,651
7,758
1,385
10,794
Charge for the year
639
12,206
183
13,028
At 31 March 2025
2,290
19,964
1,568
23,822
At 31 March 2025
909
48,824
178
49,911
At 31 March 2024
1,548
31,035
361
32,944
Fair value at 1 April 2024
5,955,000
At 31 March 2025
5,935,000
Amounts falling due within one year
Trade debtors
8,280
14,062
Accrued income and prepayments
-
230
Other debtors
101,697
228,353
7
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
4,357
3,648
Other creditors
1,075
1,075
Loans from directors
42,446
123,256
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
40,859
29,517
More Maison Ltd
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).