Masons Court Management Company No.2 Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07642494

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,113		1,336

			1,113		1,336
CURRENT ASSETS
Debtors	5	2,400		1,800
Cash at bank and in hand		3,071		2,806

		5,471		4,606
Creditors: Amounts Falling Due Within One Year	6	(2,395 )		(2,371 )

NET CURRENT ASSETS (LIABILITIES)			3,076		2,235

TOTAL ASSETS LESS CURRENT LIABILITIES			4,189		3,571

NET ASSETS			4,189		3,571

CAPITAL AND RESERVES
Called up share capital	7		3		3
Other reserves			1,113		1,336
Profit and Loss Account			3,073		2,232

SHAREHOLDERS' FUNDS			4,189		3,571

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Masons Court Management Company No.2 Limited

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr H Tate

Director

18 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Masons Court Management Company No.2 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07642494 . The registered office is 2 The Old Estate Yard High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover includes the service charge payable by the owners of each of the five properties included within the freehold land and buildings of the company.The service charge is set at a level to cover the running costs incurred.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

5% Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 June 2025	4,445

As at 31 May 2026	4,445

Depreciation
As at 1 June 2025	3,109
Provided during the period	223

As at 31 May 2026	3,332

...CONTINUED

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Masons Court Management Company No.2 Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

Net Book Value
As at 31 May 2026	1,113

As at 1 June 2025	1,336

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,400	1,800

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Accruals and deferred income	696	672
Directors' loan accounts	1,699	1,699

	2,395	2,371

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	3	3

8. Reserves

Each member of the company pays a regular contribution towards the upkeep and management of the property known as Masons' Court. A transfer is made each year from the other reserve to the members' reserve. The value of the other reserve tracks the value of the freehold property.

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