2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 12281795 2024-01-01 2024-12-31 12281795 2024-12-31 12281795 2023-12-31 12281795 2022-11-01 2023-12-31 12281795 2023-12-31 12281795 2022-10-31 12281795 core:FurnitureFittings 2024-01-01 2024-12-31 12281795 bus:Director1 2024-01-01 2024-12-31 12281795 core:FurnitureFittings 2023-12-31 12281795 core:FurnitureFittings 2024-12-31 12281795 core:WithinOneYear 2024-12-31 12281795 core:WithinOneYear 2023-12-31 12281795 core:ShareCapital 2024-12-31 12281795 core:ShareCapital 2023-12-31 12281795 core:RetainedEarningsAccumulatedLosses 2024-12-31 12281795 core:RetainedEarningsAccumulatedLosses 2023-12-31 12281795 core:FurnitureFittings 2023-12-31 12281795 bus:Director1 2023-12-31 12281795 bus:Director1 2024-12-31 12281795 bus:Director1 2022-10-31 12281795 bus:Director1 2023-12-31 12281795 bus:Director1 2022-11-01 2023-12-31 12281795 bus:SmallEntities 2024-01-01 2024-12-31 12281795 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12281795 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12281795 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12281795 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 12281795

Mason & Sons (London) LTD

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

Mason & Sons (London) LTD

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £

Fixed assets

Tangible assets | 5 | – | 261

Current assets

Stocks | – | 21,518
Debtors | 6 | 9,755 | 22,288
Cash at bank and in hand | 2,481 | 10,319
| -------- | --------
| 12,236 | 54,125

Creditors: amounts falling due within one year | 7 | 123,441 | 132,413
| --------- | ---------
Net current liabilities | 111,205 | 78,288
| --------- | --------
Total assets less current liabilities | ( 111,205) | ( 78,027)
| --------- | --------
Net liabilities | ( 111,205) | ( 78,027)
| --------- | --------

Capital and reserves

Called up share capital | 1 | 1
Profit and loss account | ( 111,206) | ( 78,028)
| --------- | --------
Shareholder deficit | ( 111,205) | ( 78,027)
| --------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Mason & Sons (London) LTD

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 13 November 2025 , and are signed on behalf of the board by:

E Mason |
Director |

Company registration number: 12281795

Mason & Sons (London) LTD

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 34 Montagu Square, London, W1H 2LJ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 6% straight line
| Equipment | - | 50% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets

| Fixtures and fittings | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 January 2024 and 31 December 2024 | 9,257 | 2,449 | 11,706
| ------- | ------- | --------
Depreciation |  |  |
At 1 January 2024 | 8,996 | 2,449 | 11,445
Charge for the year | 261 | – | 261
| ------- | ------- | --------
At 31 December 2024 | 9,257 | 2,449 | 11,706
| ------- | ------- | --------
Carrying amount |  |  |
At 31 December 2024 | – | – | –
| ------- | ------- | --------
At 31 December 2023 | 261 | – | 261
| ------- | ------- | --------

6. Debtors

| 2024 | 2023
| £ | £
Trade debtors | 3,516 | 9,640
Other debtors | 6,239 | 12,648
| ------- | --------
| 9,755 | 22,288
| ------- | --------

7. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | 50,771 | 78,363
Social security and other taxes | 43,794 | 39,004
Other creditors | 28,876 | 15,046
| --------- | ---------
| 123,441 | 132,413
| --------- | ---------

8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:

| 2024
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| E Mason | ( 2,642) | 8,892 | 6,250
|  | ------- | ------- | -------

| 2023
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| E Mason | 18,530 | ( 15,888) | 2,642
|  | -------- | -------- | -------

9. Controlling party
The company is a wholly owned subsidiary of Curraneye Ltd, a company registered in England.