REGISTERED NUMBER: 06428550 (England and Wales)

Financial Statements

for the Year Ended 30 November 2025

for

M.A.S.L Corporation Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N K Hillier

SECRETARY:

Mrs I R Krishnamma

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

06428550 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

10,305

2,535

Investment property

5

370,000

400,000

380,305

402,535

CURRENT ASSETS

Debtors

6

15,972

25,414

Cash at bank

74,771

101,978

90,743

127,392

CREDITORS

Amounts falling due within one year

7

43,884

49,662

NET CURRENT ASSETS

46,859

77,730

TOTAL ASSETS LESS CURRENT LIABILITIES

427,164

480,265

CREDITORS

Amounts falling due after more than one year

8

144,202

144,226

NET ASSETS

282,962

336,039

CAPITAL AND RESERVES

Called up share capital

160

160

Fair value reserve

55,643

78,143

Retained earnings

227,159

257,736

SHAREHOLDERS' FUNDS

282,962

336,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 August 2026 and were signed by:

N K Hillier - Director

1.	STATUTORY INFORMATION

M.A.S.L Corporation 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.

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.

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

-

25% on cost and 20% on reducing balance

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

12,713

Additions

10,877

At 30 November 2025

23,590

DEPRECIATION

At 1 December 2024

10,178

Charge for year

3,107

At 30 November 2025

13,285

NET BOOK VALUE

At 30 November 2025

10,305

At 30 November 2024

2,535

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

400,000

Revaluations

(30,000

)

At 30 November 2025

370,000

NET BOOK VALUE

At 30 November 2025

370,000

At 30 November 2024

400,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2021

64,190

Valuation in 2022

15,000

Valuation in 2024

25,000

Valuation in 2025

(30,000

)

Cost

295,810

370,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Other debtors

15,972

25,414

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

6,967

6,966

Other creditors

36,917

42,696

43,884

49,662

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

144,202

144,226

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

116,337

116,362