Company registration number: NI021450
Unaudited financial statements
for the year ended 31 December 2024
for
Messana Investments Limited
Pages for filing with the Registrar
Company registration number: NI021450
Messana Investments Limited
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 953,883 949,513
953,883 949,513
Current assets
Debtors 517,985 425,620
Investments 1,600 1,600
Cash at bank and in hand 183,157 227,278
702,742 654,498
Creditors: amounts falling due within one
year 		(212,614) (227,271)
Net current assets 490,128 427,227
Total assets less current liabilities 1,444,011 1,376,740
Creditors: Amounts falling due after more
than one year 		(226,074) (266,097)
Provisions for liabilities (9,550) (9,550)
NET ASSETS 1,208,387 1,101,093
Capital and reserves
Called up share capital 75,000 75,000
Profit and loss account 1,133,387 1,026,093
TOTAL EQUITY 1,208,387 1,101,093
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 December 2024.
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: NI021450
Messana Investments Limited
Balance sheet - continued
as at 31 December 2024
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 31 December 2025 and signed on its behalf by:
Mr G Ward, Director
31 December 2025
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Messana Investments Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Messana Investments Limited is a private company registered in Northern Ireland. Its registered number is NI021450. The company is limited by shares. Its registered office is Kings Castle Nursing Home, Kildare Street, Downpatrick, County Down, BT30 7TR.
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.
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.
Land and buildings:
Freehold property - 0% reducing balance
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures & fittings - 15% reducing balance
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 or deferred 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.
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Messana Investments Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 58 (2023 - 60).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 January 2024 874,742 369,398 1,244,140
Additions - 18,393 18,393
At 31 December 2024 874,742 387,791 1,262,533
Depreciation
At 1 January 2024 - 294,627 294,627
Charge for year - 14,023 14,023
At 31 December 2024 - 308,650 308,650
Net book value
At 31 December 2024 874,742 79,141 953,883
At 31 December 2023 874,742 74,771 949,513
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Messana Investments Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023.
2024 2023
£ £
Gerald Ward
Balance outstanding at start of year 9,738 9,738
Balance outstanding at end of year 9,738 9,738
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