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Company Registration No. 14591083 (England and Wales)
Massicot Investments 7 Ltd Unaudited accounts for the year ended 31 March 2025
Massicot Investments 7 Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Massicot Investments 7 Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
660,000
660,000
Current assets
Debtors
5
1,675
-
Cash at bank and in hand
3,364
1,768
5,039
1,768
Creditors: amounts falling due within one year
6
(119,104)
(320,878)
Net current liabilities
(114,065)
(319,110)
Total assets less current liabilities
545,935
340,890
Creditors: amounts falling due after more than one year
7
(457,650)
(237,150)
Net assets
88,285
103,740
Capital and reserves
Revaluation reserve
136,895
136,895
Profit and loss account
(48,610)
(33,155)
Shareholders' funds
88,285
103,740
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 December 2025 and were signed on its behalf by
Mr PB Olsberg Director Company Registration No. 14591083
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Massicot Investments 7 Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Massicot Investments 7 Ltd is a private company, limited by shares, registered in England and Wales, registration number 14591083. The registered office is 24 Hurstwood Road, London, NW11 0AT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 13 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2024
660,000
At 31 March 2025
660,000
Depreciation
At 31 March 2025
-
Net book value
At 31 March 2025
660,000
At 31 March 2024
660,000
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,800
-
Accrued income and prepayments
4,375
-
Other debtors
(4,500)
-
1,675
-
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Massicot Investments 7 Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,800
1,800
Other creditors
72,483
276,132
Loans from directors
44,821
42,946
119,104
320,878
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
457,650
237,150
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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