Company No: 15218458 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mrs M M Master
	Mr M I Master

REGISTERED OFFICE	2 Hawkshaw Bank Road
	Lammack
	Blackburn
	BB1 8JS
	United Kingdom

COMPANY NUMBER

15218458 (England and Wales)

ACCOUNTANT	AAB
	Carlyle House
	78 Chorley New Road
	Bolton

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,012,701		0
		1,012,701		0
Current assets
Debtors	4	54,361		0
Cash at bank and in hand		359,284		100
		413,645		100
Creditors: amounts falling due within one year	5	( 1,417,776)		0
Net current (liabilities)/assets		(1,004,131)		100
Total assets less current liabilities		8,570		100
Net assets		8,570		100
Capital and reserves
Called-up share capital		100		100
Profit and loss account		8,470		0
Total shareholders' funds		8,570		100

For the financial year ending 31 October 2025 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Master Property NW Limited (registered number: 15218458) were approved and authorised for issue by the Board of Directors on 07 July 2026. They were signed on its behalf by:

Mr M I Master Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Master Property NW Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Hawkshaw Bank Road, Lammack, Blackburn, BB1 8JS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings

not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 November 2024	0		0
Additions	1,012,701		1,012,701
At 31 October 2025	1,012,701		1,012,701
Accumulated depreciation
At 01 November 2024	0		0
At 31 October 2025	0		0
Net book value
At 31 October 2025	1,012,701		1,012,701
At 31 October 2024	0		0

4. Debtors

	2025		2024
	£		£
Trade debtors	361		0
Other debtors	54,000		0
	54,361		0

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	3,708		0
Other creditors	1,414,068		0
	1,417,776		0