Company Registration No. 08062083 (England and Wales)
Massari Ltd
Unaudited accounts
for the year ended 31 May 2025
Massari Ltd
Unaudited accounts
Contents
Massari Ltd
Company Information
for the year ended 31 May 2025
Company Number
08062083 (England and Wales)
Registered Office
Massari Ltd
69 Alverthorpe Road
Wakefield
West Yorkshire
WF2 9NU
England
Massari Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
1,366
1,366
Inventories
61,421
1,103,512
Cash at bank and in hand
40,968
74,389
Creditors: amounts falling due within one year
(438,250)
(2,243,729)
Net current liabilities
(320,238)
(456,152)
Total assets less current liabilities
(318,872)
(454,786)
Creditors: amounts falling due after more than one year
(278,990)
(72,467)
Net liabilities
(597,862)
(527,253)
Called up share capital
100
100
Profit and loss account
(597,962)
(527,353)
Shareholders' funds
(597,862)
(527,253)
For the year ending 31 May 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 May 2026 and were signed on its behalf by
Soban Saeed
Director
Company Registration No. 08062083
Massari Ltd
Notes to the Accounts
for the year ended 31 May 2025
Massari Ltd is a private company, limited by shares, registered in England and Wales, registration number 08062083. The registered office is Massari Ltd, 69 Alverthorpe Road, Wakefield, West Yorkshire, WF2 9NU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
12,712
508,786
Other debtors
2,911
100,890
Massari Ltd
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
59,363
Trade creditors
-
1,783,666
Other creditors
437,433
319,345
Loans from directors
-
43,705
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).