SIMON MUSTO ESTATES LIMITED

SIMON MUSTO ESTATES LIMITED

Statement of Financial Position

As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	2	900	2,400
Tangible fixed assets	3	915,120	926,159
		916,020	928,559
Current assets
Debtors	4	541,655	542,081
Cash at bank and in hand		4,258	2,565
		545,913	544,646
Creditors: amount falling due within one year	5	(113,402)	(114,580)
Net current assets/(liabilities)		432,511	430,066


Total assets less current liabilities		1,348,531	1,358,625
Net assets/(liabilities)		1,348,531	1,358,625

Capital and reserves
Called up share capital		1	1
Profit and loss account		1,348,530	1,358,624
Shareholders fund		1,348,531	1,358,625

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

These accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors have elected not to include the profit and loss account within the financial statements.

Signed on behalf of the board of directors:

----------------------------------
Simon Robert Musto
Director

Date approved: 16 December 2025

SIMON MUSTO ESTATES LIMITED

Notes to the Accounts

For the year ended 31 March 2025

Statutory Information

SIMON MUSTO ESTATES LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 04672919, registration address 31/32 High Street, Wellingborough, Northamptonshire, NN8 4HL.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

Goodwill

Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Office Equipment

25% Reducing Balance

Intangible fixed assets

Cost or Valuation	Goodwill	Total
	£	£
At 01 April 2024	30,000	30,000
Additions	-	-
At 31 March 2025	30,000	30,000
Amortisation
At 01 April 2024	27,600	27,600
Charge for year	1,500	1,500
At 31 March 2025	29,100	29,100
Net book values
At 31 March 2025	900	900
At 31 March 2024	2,400	2,400

Tangible fixed assets

Cost or Valuation	Freehold property	Motor Vehicles	Office Equipment	Total
	£	£	£	£
At 01 April 2024	982,342	6,595	2,631	991,568
Additions	-	-	-	-
Disposals	-	(6,595)	-	(6,595)
At 31 March 2025	982,342	-	2,631	984,973
Depreciation
At 01 April 2024	57,523	5,421	2,465	65,409
Charge for year	9,823	-	42	9,865
On disposals	-	(5,421)	-	(5,421)
At 31 March 2025	67,346	-	2,507	69,853
Net book values
Closing balance as at 31 March 2025	914,996	-	124	915,120
Opening balance as at 01 April 2024	924,819	1,174	166	926,159

Debtors: amounts falling due within one year

	2025 £		2024 £
Other debtors less than one year	541,655		542,081
	541,655		542,081

Creditors: amount falling due within one year

	2025 £	2024 £
Trade creditors	2,054	2,927
Taxation & social security less than one year	1,349	1,185
Other creditors less than one year	109,999	110,468
	113,402	114,580

Share Capital

Allotted	2025 £		2024 £
1 Ordinary shares of £1.00 each	1		1
	1		1

7.	Average number of employees Average number of employees during the year were 4 (2024: 4).

Contents Page

Business Information

Statement of Financial Position

Notes to the Accounts