MASTER & MASTER ASSOCIATES LTD

Registered Number: 09400950 MASTER & MASTER ASSOCIATES LTD
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Investments	3	695,000	745,000
		695,000	745,000
Current assets
Cash at bank and in hand		885,727	697,486
Creditors: amount falling due within one year	4	(139,179)	(155,884)
Net current assets		746,548	541,602

Total assets less current liabilities		1,441,548	1,286,602
Creditors: amount falling due after more than one year	5	(8,673)	(19,100)
Net assets		1,432,875	1,267,502

Capital and reserves
Called up share capital	6	1	1
Profit and loss account		1,432,874	1,267,501
Shareholders' funds		1,432,875	1,267,502

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 of Companies.

The financial statements were approved by the director on 04 December 2025 and were signed by:

-------------------------------
Moshin Rafiq Master
Director

MASTER & MASTER ASSOCIATES LTD
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

MASTER & MASTER ASSOCIATES LTD is a private company, limited by shares, registered in England and Wales, registration number 09400950, registration address 29 Sunnyside Road, Ilford, Greater London, IG1 1HU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Current asset investments

Current asset investments are stated at the lower of cost and net realisable value.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	-	-
Additions	695,000	695,000
Disposals	-	-
At 31 March 2025	695,000	695,000

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	55,124	54,458
Accrued Expenses	1,860	1,800
Directors' Current Accounts	82,195	99,626
	139,179	155,884

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	8,673		19,100
	8,673		19,100

Share Capital

Authorised
1 Class A share of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
1 Class A share of £1.00 each	1		1
	1		1

Registered Number: 09400950
England and Wales
MASTER & MASTER ASSOCIATES LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025