Registration number: 09149759

Masters Property Group Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Masters Property Group Limited

Company Information

Director

Mrs Natalie Masters

Registered office

71-75 Shelton Street Covent Garden London WC2H 9JQ

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Masters Property Group Limited

(Registration number: 09149759)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	-	94
Current assets
Debtors	6	186,821	187,915
Cash at bank and in hand		6,849	667
		193,670	188,582
Creditors: Amounts falling due within one year	7	(1,236)	(1,170)
Net current assets		192,434	187,412
Total assets less current liabilities		192,434	187,506
Creditors: Amounts falling due after more than one year	7	(363,461)	(343,426)
Net liabilities		(171,027)	(155,920)
Capital and reserves
Called up share capital		100	100
Retained earnings		(171,127)	(156,020)
Shareholders' deficit		(171,027)	(155,920)

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 26 August 2026
 

......................................... Mrs Natalie Masters Director

Masters Property Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

These financial statements were authorised for issue by the director on 26 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Masters Property Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	93	129

Masters Property Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 December 2024	4,455	4,455
Disposals	(1,348)	(1,348)
At 30 November 2025	3,107	3,107
Depreciation
At 1 December 2024	4,361	4,361
Charge for the year	94	94
Eliminated on disposal	(1,348)	(1,348)
At 30 November 2025	3,107	3,107
Carrying amount
At 30 November 2025	-	-
At 30 November 2024	94	94

6

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties		116,719	179,713
Prepayments		158	158
Other debtors		69,944	8,044
		186,821	187,915

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	95	95
Taxation and social security	1,140	1,074
Other creditors	1	1
	1,236	1,170

Masters Property Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

7	Creditors (continued)

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	363,461	343,426

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	26,867	32,331
Other borrowings	336,594	311,095
	363,461	343,426