10 December 2024 false No description of principal activity Taxfiler 2024.6 16129062business:CompanyLimitedByGuarantee2024-12-102025-12-31 161290622024-12-09 161290622024-12-102025-12-31 16129062business:AuditExempt-NoAccountantsReport2024-12-102025-12-31 16129062business:FilletedAccounts2024-12-102025-12-31 161290622025-12-31 16129062business:Director12024-12-102025-12-31 16129062business:Director22024-12-102025-12-31 16129062business:RegisteredOffice2024-12-102025-12-31 16129062core:WithinOneYear2025-12-31 16129062core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 16129062core:PreviouslyStatedAmount2025-12-31 16129062business:SmallEntities2024-12-102025-12-31 16129062countries:EnglandWales2024-12-102025-12-31 16129062core:PlantMachinery2024-12-102025-12-31 16129062core:ComputerEquipment2024-12-102025-12-31 16129062core:PlantMachinery2024-12-09 16129062core:ComputerEquipment2024-12-09 16129062core:PlantMachinery2025-12-31 16129062core:ComputerEquipment2025-12-31 iso4217:GBP xbrli:pure
Company Registration No. 16129062 (England and Wales)
Masschallenge Uk Ltd Unaudited accounts for the period from 10 December 2024 to 31 December 2025
Masschallenge Uk Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Masschallenge Uk Ltd Company Information for the period from 10 December 2024 to 31 December 2025
Directors
David Andrew Kinsella Matthew Lashmar
Company Number
16129062 (England and Wales)
Registered Office
71-75 Shelton Street London London WC2H 9JQ England
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Masschallenge Uk Ltd Statement of financial position as at 31 December 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
2,035 
Current assets
Debtors
5
10,252 
Cash at bank and in hand
193,507 
203,759 
Creditors: amounts falling due within one year
6
(167,746)
Net current assets
36,013 
Net assets
38,048 
Reserves
7
Profit and loss account
38,048 
Members' funds
38,048 
For the period ending 31 December 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by
David Andrew Kinsella Director Company Registration No. 16129062
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Masschallenge Uk Ltd Notes to the Accounts for the period from 10 December 2024 to 31 December 2025
1
Statutory information
Masschallenge Uk Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 16129062. The registered office is 71-75 Shelton Street, London, London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Computer equipment
33.3% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 10 December 2024
- 
- 
- 
Additions
1,220 
1,222 
2,442 
At 31 December 2025
1,220 
1,222 
2,442 
Depreciation
Charge for the period
102 
305 
407 
At 31 December 2025
102 
305 
407 
Net book value
At 31 December 2025
1,118 
917 
2,035 
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Masschallenge Uk Ltd Notes to the Accounts for the period from 10 December 2024 to 31 December 2025
5
Debtors
2025 
£ 
Amounts falling due within one year
Trade debtors
9,600 
Other debtors
652 
10,252 
6
Creditors: amounts falling due within one year
2025 
£ 
Taxes and social security
87,961 
Accruals
29,785 
Deferred income
50,000 
167,746 
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Transactions with related parties
Included within Other Debtors is an amount of £652 in respect of directors loans. The loan was repaid in full within nine months of the company's accounting period end.
9
Average number of employees
During the period the average number of employees was 3.
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