MASMA LIMITED

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 04354552

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		110,000		110,000

			110,000		110,000
CURRENT ASSETS
Debtors	5	73,300		51,863
Cash at bank and in hand		703		1,036

		74,003		52,899
Creditors: Amounts Falling Due Within One Year	6	(113,374 )		(99,466 )

NET CURRENT ASSETS (LIABILITIES)			(39,371 )		(46,567 )

TOTAL ASSETS LESS CURRENT LIABILITIES			70,629		63,433

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,892 )		(8,892 )

NET ASSETS			61,737		54,541

CAPITAL AND RESERVES
Called up share capital	7		101		101
Share premium account			995		995
Fair value reserve	8		52,306		52,306
Income Statement			8,335		1,139

SHAREHOLDERS' FUNDS			61,737		54,541

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MASMA LIMITED

Statement of Financial Position (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Mark Shephard

Director

12/01/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

MASMA LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04354552 . The registered office is 20 Mornish Road, Poole, Dorset, BH13 7BZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

Turnover is measured at the fair value of the consideration received or receivable for the sale of property in the normal course of business. Profit is recognised when the sales value can be determined with certainty. This is taken to be the date on which contracts are exchanged.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investment Property

	2025
	£
Fair Value
As at 1 May 2024 and 30 April 2025	110,000

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	36,300	44,864
Director's loan account	37,000	6,999

	73,300	51,863

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MASMA LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	10,386	982
Other loans	100,000	-
Corporation tax	1,688	3,819
Other creditors	1,300	94,665

	113,374	99,466

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	101	101

8. Reserves

	Fair Value Reserve
	£
As at 1 May 2024	52,306

As at 30 April 2025	52,306

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