REGISTERED NUMBER: 01510566 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MAST HOUSE HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J J Keefe

J L Keefe

B J Keefe

SECRETARY:

J J Keefe

REGISTERED OFFICE:

77 The Wheel House Burrells

Wharf, Westferry Road

London

E14 3TB

REGISTERED NUMBER:

01510566 (England and Wales)

ACCOUNTANTS:

Kingly Jones LLP

Chartered Accountants

414 Linen Hall

162-168 Regent Street

London

W1B 5TE

FIXED ASSETS

Tangible assets

4

5,642

2

Investment property

5

3,449,998

4,043,973

3,455,640

4,043,975

CURRENT ASSETS

Debtors

6

5,999

23,030

Investments

7

73,287

85,866

Cash at bank

222,156

290,440

301,442

399,336

CREDITORS

Amounts falling due within one year

8

181,876

217,575

NET CURRENT ASSETS

119,566

181,761

TOTAL ASSETS LESS CURRENT LIABILITIES

3,575,206

4,225,736

CREDITORS

Amounts falling due after more than one year

9

2,935,983

3,078,761

NET ASSETS

639,223

1,146,975

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

639,123

1,146,875

639,223

1,146,975

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

B J Keefe - Director

J L Keefe - Director

1.	STATUTORY INFORMATION

Mast House Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties and initially recognised at cost and then subsequently measured at fair value with changes recognised in the profit and loss account.

Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

7,057

Additions

7,050

At 31 December 2025

14,107

DEPRECIATION

At 1 January 2025

7,055

Charge for year

1,410

At 31 December 2025

8,465

NET BOOK VALUE

At 31 December 2025

5,642

At 31 December 2024

2

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

4,043,973

Impairments

(593,975

)

At 31 December 2025

3,449,998

NET BOOK VALUE

At 31 December 2025

3,449,998

At 31 December 2024

4,043,973

The investment properties were valued on an open market basis on 31 December 2025 by the directors. The cost of the Investment Properties is £4,043,973

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,511

19,943

Other debtors

3,488

3,087

5,999

23,030

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

73,287

85,866

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

80,000

80,000

Taxation and social security

33,383

74,984

Other creditors

68,493

62,591

181,876

217,575

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

1,341,000

1,421,000

Other creditors

1,594,983

1,657,761

2,935,983

3,078,761

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,021,000

1,101,000

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

80,000

80,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

80,000

80,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

240,000

240,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,021,000

1,101,000

The bank loans are secured by a fixed charge over the company’s assets. The finance leases

included in other creditors are secured on the assets concerned.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party comprise the directors who own all of the issued share capital.