REGISTERED NUMBER: 16024085 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 17 OCTOBER 2024 TO 31 OCTOBER 2025

FOR

JAMES MASIH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Halford

N Halford

REGISTERED OFFICE:

Rose Cottage

75 Wimpole Road

Barton

Cambridge

CB23 7AB

REGISTERED NUMBER:

16024085 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Accountants and Business Advisers

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Investment property

4

415,000

CURRENT ASSETS

Cash at bank

8,337

CREDITORS

Amounts falling due within one year

5

20,793

NET CURRENT LIABILITIES

(12,456

)

TOTAL ASSETS LESS CURRENT LIABILITIES

402,544

CREDITORS

Amounts falling due after more than one year

6

396,442

NET ASSETS

6,102

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

6,002

6,102

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by:

D J Halford - Director

N Halford - Director

1.	STATUTORY INFORMATION

James Masih Ltd 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st October 2025 the company's current liabilities exceeded its current assets by £12,456 and total liabilities of the company were £417,235. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided, as necessary, to enable the company to continue as a going concern.

Turnover

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

Investment property

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

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

420,337

Revaluations

(5,337

)

At 31 October 2025

415,000

NET BOOK VALUE

At 31 October 2025

415,000

Investment property is held at fair value. The directors have reviewed this at the year end and consider the fair value at 31st October 2025 to be £415,000.

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

415,000

If investment property had not been revalued it would have been included at the following historical cost:

£

Cost

420,337

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other loans

12,813

Tax

3,780

Other creditors

1,650

Accruals and deferred income

2,550

20,793

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other loans - due in 1-2 years

12,813

Other loans - due in 2-5 years

38,439

Other loans - due in more than 5 years

345,190

396,442

Amounts falling due in more than five years:

Repayable by instalments

Other loans - due in more than 5 years

345,190

7.	RELATED PARTY DISCLOSURES

Other loans consist of a formal loan from the directors.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are D Halford and N Halford with 100% of the issued share capital.