Masonbrook Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02061283 (England and Wales)

MASONBROOK GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mr M A Smith

REGISTERED OFFICE:

Avebury House

St Peter Street

Winchester

Hampshire

SO23 8BN

REGISTERED NUMBER:

02061283 (England and Wales)

ACCOUNTANTS:

Rothmans CF Limited

Fryern House

125 Winchester Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2DR

BANKERS:

National Westminster

275/277 High Street

Hounslow

Middlesex

TW3 1ZA

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Masonbrook Group Limited for the year ended 31 August 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Masonbrook Group Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Masonbrook Group Limited and state those matters that we have agreed to state to the director of Masonbrook Group Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Masonbrook Group Limited and its director for our work or for this report.

It is your duty to ensure that Masonbrook Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Masonbrook Group Limited. You consider that Masonbrook Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Masonbrook Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans CF Limited

Fryern House

125 Winchester Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2DR

11 May 2026

FIXED ASSETS

Tangible assets

4

4,947

2,261

Investments

5

1

Investment property

6

5,568,288

5,573,236

5,570,550

CURRENT ASSETS

Debtors

7

59,038

74,876

Cash at bank and in hand

592,185

502,226

651,223

577,102

CREDITORS

Amounts falling due within one year

8

375,076

347,882

NET CURRENT ASSETS

276,147

229,220

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,849,383

5,799,770

CREDITORS

Amounts falling due after more than one
year

9

-

(31,818

)

PROVISIONS FOR LIABILITIES

11

(1,015,029

)

(1,015,029

)

NET ASSETS

4,834,354

4,752,923

CAPITAL AND RESERVES

Called up share capital

84,404

Capital redemption reserve

15,596

Fair value reserve

12

3,594,634

3,879,243

Retained earnings

1,139,720

773,680

SHAREHOLDERS' FUNDS

4,834,354

4,752,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 May 2026 and were signed by:

Mr M A Smith - Director

1.	STATUTORY INFORMATION

Masonbrook Group Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 02061283 and the registered office address is Avebury House, St Peter Street, Winchester, Hampshire, SO23 8BN.

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 historical cost convention.

The presentation currency is £ sterling.

Going concern

The financial statements have been prepared on the going concern basis.

Significant judgements and estimates

The preparation of the financial statements require management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date, and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.

Key sources of estimation uncertainty:

1) Fair value of investment property

The fair value of the property is subject to estimation by the director. In considering the fair value, the director reviews rental yields, market conditions and reference to external professional valuations.

Turnover

Turnover mainly consists of rent and maintenance charges (excluding value added tax) which are invoiced quarterly at an agreed rate and adjusted for accrued and deferred income where applicable.

Tangible fixed assets

All fixed assets are initially recognised at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses.

The cost of fixed assets initially recognised includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in a manner intended by management.

Depreciation is provided at rates calculated to write off the costs less residual value of each asset over its expected useful life, as follows:

Office equipment - 33% straight line

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

Fixed assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in the Statement of Income and Retained Earnings.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investment property

The investment property is shown at its fair value as estimated by the directors. Any movement in fair value is recognised in the fair value reserve. Deferred tax is recognised on any fair value adjustments.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Exchange differences are taken into account in arriving at the operating result.

Operating lease commitments

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the Statement of Income and Retained Earnings.

Financial instruments

The company only has financial assets and liabilities of the kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and debt instruments are subsequently measured at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results are stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 September 2024

11,307

Additions

5,062

Disposals

(9,783

)

At 31 August 2025

6,586

DEPRECIATION

At 1 September 2024

9,046

Charge for year

2,051

Eliminated on disposal

(9,458

)

At 31 August 2025

1,639

NET BOOK VALUE

At 31 August 2025

4,947

At 31 August 2024

2,261

5.	FIXED ASSET INVESTMENTS

Shares in

group

Unlisted

undertakings

investments

Totals

£

COST

At 1 September 2024

and 31 August 2025

100,000

60,000

160,000

PROVISIONS

At 1 September 2024

and 31 August 2025

99,999

60,000

159,999

NET BOOK VALUE

At 31 August 2025

1

-

1

At 31 August 2024

1

-

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

5,568,288

NET BOOK VALUE

At 31 August 2025

5,568,288

At 31 August 2024

5,568,288

Freehold property is considered to be investment properties by the director.

The market value of the investment properties has been assessed by the director.

The historical cost of the investment properties are £967,870.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

10,801

23,678

Other debtors

37,121

36,656

Prepayments and accrued income

11,116

14,542

59,038

74,876

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other loans

31,800

30,856

Trade creditors

16,547

5,076

Social security and other taxes

61,606

55,334

Other creditors

151,677

134,439

Directors' current accounts

6,333

10,848

Accruals and deferred income

107,113

111,329

375,076

347,882

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Other loans - 1-2 years

-

31,794

Other loans - 2-5 years

-

24

-

31,818

The other loans are due for repayment in August 2026. Interest is charged at 3% above the Bank of England base rate.

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

6,055

Between one and five years

2,018

8,074

14,129

11.	PROVISIONS FOR LIABILITIES

Deferred tax
provision

Dilapidation
provision

Total

£

Balance at 1 September 2024

1,005,029

10,000

1,015,029

Provided during the year

-

Balance at 31 August 2025

1,005,029

10,000

1,015,029

12.

RESERVES

Fair value

reserve

£

At 1 September 2024

3,879,243

Transfers

(284,609

)

At 31 August 2025

3,594,634

The fair value reserve relates to fair value movements on the investment property.