MASWORTH LTD


Directors	AMARGIANAKI, Aimilia
	MASELIS, Konstantinos


Registered Address	Parkhill Business Centre
	Walton Road
	Wetherby
	LS22 5DZ


Registered Number	11806471 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		1,463		-
Tangible assets	4		2,214		2,952
			3,677		2,952
Current assets
Stocks	5	96,451		36,430
Debtors		93,065		32,896
Cash at bank and on hand		273,982		35,865
		463,498		105,191
Creditors amounts falling due within one year	6	(180,925)		(70,904)
Net current assets (liabilities)			282,573		34,287
Total assets less current liabilities			286,250		37,239
Creditors amounts falling due after one year	7		(1,601)		(3,800)
Net assets			284,649		33,439
Capital and reserves
Called up share capital			1		1
Profit and loss account			284,648		33,438
Shareholders' funds			284,649		33,439

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 November 2025, and are signed on its behalf by:

MASELIS, Konstantinos
Director
Registered Company No. 11806471

MASWORTH LTD

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Office Equipment - 25% Reducing Balance Computer Equipment - 25% Reducing Balance

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
Additions	1,500	1,500
At 28 February 25	1,500	1,500
Amortisation and impairment
Charge for year	37	37
At 28 February 25	37	37
Net book value
At 28 February 25	1,463	1,463
At 29 February 24	-	-

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 March 24	8,078	8,078
At 28 February 25	8,078	8,078
Depreciation and impairment
At 01 March 24	5,126	5,126
Charge for year	738	738
At 28 February 25	5,864	5,864
Net book value
At 28 February 25	2,214	2,214
At 29 February 24	2,952	2,952

5.	Stocks
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	2025	2024
	£	£
Other stocks	96,451	36,430
Total	96,451	36,430

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	78,691	55,309
Bank borrowings and overdrafts	2,328	2,400
Taxation and social security	98,496	6,957
Other creditors	1,410	6,238
Total	180,925	70,904


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,601	3,800
Total	1,601	3,800