Company registration number: 04684174
Unaudited financial statements
for the year ended 31 March 2025
for
R And J Mason Limited
Pages for filing with the Registrar
Company registration number: 04684174
R And J Mason Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 22,390 22,390
Tangible assets 5 59,871 75,835
82,261 98,225
Current assets
Stocks 65,803 71,891
Cash at bank and in hand 46,437 123,433
112,240 195,324
Creditors: amounts falling due within one
year 		(181,561) (212,881)
Net current liabilities (69,321) (17,557)
Total assets less current liabilities 12,940 80,668
NET ASSETS 12,940 80,668
Capital and reserves
Called up share capital 5 5
Profit and loss account 12,935 80,663
TOTAL EQUITY 12,940 80,668
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04684174
R And J Mason Limited
Balance sheet - continued
as at 31 March 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 24 November 2025 and signed on its behalf by:
Mr R Mason, Director
24 November 2025
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R And J Mason Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
R And J Mason Limited is a private company registered in England and Wales. Its registered number is 04684174. The company is limited by shares. Its registered office is Spar Stores 89 Fegg Hayes Road, Fegg Hayes, Stoke-On-Trent, England, ST6 6QR.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - Goodwill is not amortised
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
R And J Mason Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was 5 (2024 - 5).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2024 22,390
At 31 March 2025 22,390
Amortisation
At 31 March 2025 -
Net book value
At 31 March 2025 22,390
At 31 March 2024 22,390
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 205,490
Additions 3,976
At 31 March 2025 209,466
4
R And J Mason Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Tangible fixed assets - continued
Depreciation
At 1 April 2024 129,655
Charge for year 19,940
At 31 March 2025 149,595
Net book value
At 31 March 2025 59,871
At 31 March 2024 75,835
6 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Balance outstanding at start of year 80,271 67,767
Amounts advanced 82,000 91,096
Amounts repaid (32,357) (78,592)
Balance outstanding at end of year 129,914 80,271
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