M.S. Design International Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01598308

M.S. DESIGN INTERNATIONAL LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

M.S. DESIGN INTERNATIONAL LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

CONTENTS	PAGE

Statement of financial position	1

Notes to the financial statements	3

M.S. DESIGN INTERNATIONAL LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4		3,233,816		3,233,816

CURRENT ASSETS

Debtors	5	45,102	35,584
Cash at bank and in hand		11,211	70,827
		---------	----------
		56,313	106,411

CREDITORS: amounts falling due within one year	6	153,243		176,998
		----------		----------
NET CURRENT LIABILITIES			96,930		70,587
			-------------		-------------
TOTAL ASSETS LESS CURRENT LIABILITIES			3,136,886		3,163,229

CREDITORS: amounts falling due after more than one year	7		183,928		220,480

PROVISIONS

Taxation including deferred tax	8	71,396	71,396
		-------------	-------------
NET ASSETS		2,881,562	2,871,353
		-------------	-------------

M.S. DESIGN INTERNATIONAL LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

	2026		2025
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	10	20,000	20,000
Revaluation reserve		1,055,347	1,055,347
Profit and loss account		1,806,215	1,796,006
		-------------	-------------
SHAREHOLDERS FUNDS		2,881,562	2,871,353
		-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 17 June 2026 , and are signed on behalf of the board by:

Mr H Mehat

Director

Company registration number: 01598308

M.S. DESIGN INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Equitable House, 55 Pellon Lane, Halifax, HX1 5SP.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of Value Added Tax.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investment properties

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

4. TANGIBLE ASSETS

	Investment Properties
	£
Cost
At 1 April 2025 and 31 March 2026	3,233,816
	-------------
Depreciation
At 1 April 2025 and 31 March 2026	–
	-------------
Carrying amount
At 31 March 2026	3,233,816
	-------------
At 31 March 2025	3,233,816
	-------------

Tangible assets held at valuation

The investment property has been valued by the Directors taking into consideration both the market value of similar properties and the investment return.

5. DEBTORS

	2026	2025
	£	£
Trade debtors	13,722	7,522
Other debtors	31,380	28,062
	---------	---------
	45,102	35,584
	---------	---------

6. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	40,000	40,000
Accruals and deferred income	45,533	53,985
Corporation tax	54,824	63,717
Social security and other taxes	12,886	19,296
	----------	----------
	153,243	176,998
	----------	----------

The bank loan is secured by a fixed charge over land at the south side of Leeds Road Huddersfield, Land at the south east side of Leeds Road Huddersfield and the former Kendray Hotel Barnsley and also a floating charge over all the property and undertaking of the Company.

7. CREDITORS: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	180,000	220,000
Trade creditors	3,928	480
	----------	----------
	183,928	220,480
	----------	----------

8. PROVISIONS

	Deferred tax (note 9)
	£
At 1 April 2025 and 31 March 2026	71,396
	---------

9. DEFERRED TAX

The deferred tax included in the statement of financial position is as follows:

	2026	2025
	£	£
Included in provisions (note 8)	71,396	71,396
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2026	2025
	£	£
Fair value adjustment of investment property	71,396	71,396
	---------	---------

10. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	20,000	20,000	20,000	20,000
	---------	---------	---------	---------