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Company Registration No. 11002208 (England and Wales)
MASKERY MCDONNELL LIMITED Unaudited accounts for the year ended 31 October 2025
MASKERY MCDONNELL LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MASKERY MCDONNELL LIMITED Company Information for the year ended 31 October 2025
Directors
Mr Kevin McDonnell Mr Brian Maskery
Company Number
11002208 (England and Wales)
Registered Office
85 BRIDGE STREET WORKSOP S80 1DL ENGLAND
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MASKERY MCDONNELL LIMITED Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,584
6,980
Investment property
5
1,564,998
1,564,998
1,570,582
1,571,978
Current assets
Debtors
6
100
100
Cash at bank and in hand
2,692
8,124
2,792
8,224
Creditors: amounts falling due within one year
7
(226,158)
(257,159)
Net current liabilities
(223,366)
(248,935)
Total assets less current liabilities
1,347,216
1,323,043
Creditors: amounts falling due after more than one year
8
(959,323)
(924,630)
Provisions for liabilities
Deferred tax
(77,555)
(77,555)
Net assets
310,338
320,858
Capital and reserves
Called up share capital
100
100
Profit and loss account
310,238
320,758
Shareholders' funds
310,338
320,858
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 3 March 2026 and were signed on its behalf by
Mr Kevin McDonnell Director Company Registration No. 11002208
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MASKERY MCDONNELL LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
MASKERY MCDONNELL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11002208. The registered office is 85 BRIDGE STREET, WORKSOP, S80 1DL, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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MASKERY MCDONNELL LIMITED Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
12,100
9,567
21,667
At 31 October 2025
12,100
9,567
21,667
Depreciation
At 1 November 2024
7,971
6,716
14,687
Charge for the year
826
570
1,396
At 31 October 2025
8,797
7,286
16,083
Net book value
At 31 October 2025
3,303
2,281
5,584
At 31 October 2024
4,129
2,851
6,980
5
Investment property
2025
£
Fair value at 1 November 2024
1,564,998
At 31 October 2025
1,564,998
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
100
100
7
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
224,908
255,909
Accruals
1,250
1,250
226,158
257,159
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
959,323
924,630
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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