1 January 2025 false No description of principal activity Taxfiler 2024.6 12640114business:PrivateLimitedCompanyLtd2025-01-012025-12-31 126401142024-12-31 126401142025-01-012025-12-31 12640114business:AuditExempt-NoAccountantsReport2025-01-012025-12-31 12640114business:FilletedAccounts2025-01-012025-12-31 126401142025-12-31 12640114business:Director12025-01-012025-12-31 12640114business:Director32025-01-012025-12-31 12640114business:RegisteredOffice2025-01-012025-12-31 126401142024-12-31 12640114core:WithinOneYear2025-12-31 12640114core:WithinOneYear2024-12-31 12640114core:AfterOneYear2025-12-31 12640114core:AfterOneYear2024-12-31 12640114core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 12640114core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12640114core:SharePremiumcore:PreviouslyStatedAmount2025-12-31 12640114core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 12640114core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 12640114core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12640114core:PreviouslyStatedAmount2025-12-31 12640114core:PreviouslyStatedAmount2024-12-31 12640114business:SmallEntities2025-01-012025-12-31 12640114countries:EnglandWales2025-01-012025-12-31 12640114core:PlantMachinery2024-12-31 12640114core:MotorVehicles2024-12-31 12640114core:ComputerEquipment2024-12-31 12640114core:PlantMachinery2025-01-012025-12-31 12640114core:MotorVehicles2025-01-012025-12-31 12640114core:ComputerEquipment2025-01-012025-12-31 12640114core:PlantMachinery2025-12-31 12640114core:MotorVehicles2025-12-31 12640114core:ComputerEquipment2025-12-31 126401142024-07-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12640114 (England and Wales)
MAST TECHNOLOGIES LTD Unaudited accounts for the year ended 31 December 2025
MAST TECHNOLOGIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MAST TECHNOLOGIES LTD Company Information for the year ended 31 December 2025
Directors
Joy Abi Saab Robert Cameron Stronach
Company Number
12640114 (England and Wales)
Registered Office
71-75 SHELTON STREET LONDON WC2H 9JQ ENGLAND
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MAST TECHNOLOGIES LTD Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
8,456 
13,818 
Current assets
Debtors
5
181,236 
149,668 
Cash at bank and in hand
333,686 
417,842 
514,922 
567,510 
Creditors: amounts falling due within one year
6
(181,733)
(124,363)
Net current assets
333,189 
443,147 
Total assets less current liabilities
341,645 
456,965 
Creditors: amounts falling due after more than one year
7
- 
165,249 
Net assets
341,645 
622,214 
Capital and reserves
Called up share capital
5 
5 
Share premium
2,914,394 
2,164,419 
Profit and loss account
(2,572,754)
(1,542,210)
Shareholders' funds
341,645 
622,214 
For the year ending 31 December 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 16 June 2026 and were signed on its behalf by
Joy Abi Saab Director Company Registration No. 12640114
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MAST TECHNOLOGIES LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
MAST TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12640114. The registered office is 71-75 SHELTON STREET, LONDON, WC2H 9JQ, 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
These financial statements for the year ended 31 December 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Current Assets (Other debtors)
Other debtors include an amount of £165,249 in respect of an R&D tax relief claim relating to the year ended 31 December 2024. The balance represents the directors’ best estimate of the amount recoverable at the reporting date and is expected to be received within twelve months of the balance sheet date. Other debtors also include £90 receivable under the Cycle to Work salary sacrifice scheme. Accordingly, the total balance included within other debtors at the reporting date amounts to £165,339.
Shortened Accounting Period
The company's accounting reference date has changed during the previous financial year from 30 June 2025 to 31 December 2024. Accordingly, the comparative period presented in these financial statements covers a 6-month period from 1 July 2024 to 31 December 2024, whereas the current financial year covers the 12-month period from 1 January 2025 to 31 December 2025.
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:
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MAST TECHNOLOGIES LTD Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
775 
1,449 
23,715 
25,939 
Additions
633 
- 
1,332 
1,965 
Disposals
- 
(1,449)
- 
(1,449)
At 31 December 2025
1,408 
- 
25,047 
26,455 
Depreciation
At 1 January 2025
225 
- 
11,896 
12,121 
Charge for the year
319 
- 
5,559 
5,878 
At 31 December 2025
544 
- 
17,455 
17,999 
Net book value
At 31 December 2025
864 
- 
7,592 
8,456 
At 31 December 2024
550 
1,449 
11,819 
13,818 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
144,000 
Accrued income and prepayments
15,897 
5,668 
Other debtors
165,339 
- 
181,236 
149,668 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
5,280 
7,429 
Trade creditors
583 
12,252 
Taxes and social security
16,054 
31,368 
Other creditors
16,118 
72,123 
Loans from directors
22 
346 
Accruals
- 
845 
Deferred income
143,676 
- 
181,733 
124,363 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Taxes and social security
- 
(165,249)
8
Average number of employees
During the year the average number of employees was 13 (2024: 13).
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