Company registration number 05529424 (England and Wales)
R.J. MASON (HOLDINGS) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
R.J. MASON (HOLDINGS) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
R.J. MASON (HOLDINGS) LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
741,403
749,534
Current assets
Debtors
4
417,341
388,315
Cash at bank and in hand
1,975
14,794
419,316
403,109
Creditors: amounts falling due within one year
5
(174,656)
(132,898)
Net current assets
244,660
270,211
Total assets less current liabilities
986,063
1,019,745
Provisions for liabilities
(14,561)
(14,966)
Net assets
971,502
1,004,779
Capital and reserves
Called up share capital
6
200
200
Profit and loss reserves
971,302
1,004,579
Total equity
971,502
1,004,779

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 29 October 2025 and are signed on its behalf by:
Mr R J Mason
Director
Company Registration No. 05529424
R.J. MASON (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

R.J. Mason (Holdings) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Albany Street, Newport, NP20 5NJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
2% on cost (buildings)
Computer equipment
33% reducing balance
Motor vehicles
25% reducing balance
1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

R.J. MASON (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
R.J. MASON (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 4 -
3
Tangible fixed assets
Land and buildings Freehold
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 June 2024 and 31 May 2025
827,580
969
31,720
860,269
Depreciation and impairment
At 1 June 2024
90,004
720
20,011
110,735
Depreciation charged in the year
5,121
83
2,927
8,131
At 31 May 2025
95,125
803
22,938
118,866
Carrying amount
At 31 May 2025
732,455
166
8,782
741,403
At 31 May 2024
737,576
249
11,709
749,534
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
417,341
388,315
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
20,070
36,859
Other creditors
154,586
96,039
174,656
132,898
R.J. MASON (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
6
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
10,000 Ordinary of 1p each
100
100
Preference share capital
Issued and fully paid
10,000 Preference of 1p each
100
100
7
Related party transactions

During the year the company has an existing loan with Mason and Reynolds Holdings Limited, a company in which Mr R J Mason is a director. At the year end a balance of £9 8,201 (2024 - £98,201) remained outstanding, being included in debtors amounts falling due within one year.

T he company has an existing loan with RJ Mason Storage and Warehousing Limited, a company in which Mr R J Mason is a director. At the year end a balance of £319,094 (2024 - £290,068) remained outstanding, being included in debtors amounts falling due within one year (2024 - creditors amounts falling due within one year).

During the year the company received a loan from Lorry Park (Newport) Ltd, a company in which Mr R J Mason is a director. At the year end a balance of £77,400 (2024 - £17,000) remained outstanding, being included in creditors amounts falling due within one year.

8
Directors' transactions

Dividends totalling £43,200 (2024 - £43,200) were paid in the year in respect of shares held by the company's directors.

The directors operate a current loan account with the company, which is debited with payments made by the company on behalf of the directors and credited with funds introduced and undrawn directors fees. At the year end, the amount outstanding to the directors was £53,759 (2024 - £55,950); this amount being included in creditors: amounts falling due within one year.

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