Mason Construction (London) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07430849 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

MASON CONSTRUCTION (LONDON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Rich

D G Martin

REGISTERED OFFICE:

67 Newland Street

Witham

Essex

CM8 1AA

REGISTERED NUMBER:

07430849 (England and Wales)

ACCOUNTANTS:

Wilson Devenish

67 Newland Street

Witham

Essex

CM8 1AA

FIXED ASSETS

Tangible assets

4

34,577

43,250

CURRENT ASSETS

Stocks

51,287

262,600

Debtors

5

56,695

84,365

Cash at bank

1,069,022

489,861

1,177,004

836,826

CREDITORS

Amounts falling due within one year

6

374,633

209,910

NET CURRENT ASSETS

802,371

626,916

TOTAL ASSETS LESS CURRENT
LIABILITIES

836,948

670,166

PROVISIONS FOR LIABILITIES

6,570

8,217

NET ASSETS

830,378

661,949

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

830,278

661,849

SHAREHOLDERS' FUNDS

830,378

661,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by:

D G Martin - Director

D Rich - Director

1.	STATUTORY INFORMATION

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.

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

5,421

64,896

6,773

77,090

Additions

302

-

3,580

3,882

At 31 March 2026

5,723

64,896

10,353

80,972

DEPRECIATION

At 1 April 2025

4,697

26,101

3,042

33,840

Charge for year

194

9,699

2,662

12,555

At 31 March 2026

4,891

35,800

5,704

46,395

NET BOOK VALUE

At 31 March 2026

832

29,096

4,649

34,577

At 31 March 2025

724

38,795

3,731

43,250

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

56,695

84,365

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

597

-

Trade creditors

66,439

73,633

Taxation and social security

277,454

111,191

Other creditors

30,143

25,086

374,633

209,910

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

11,700

Between one and five years

7,800

19,500

31,200

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

D G Martin

Balance outstanding at start of year

24,582

14,652

Amounts advanced

-

9,930

Amounts repaid

(13,279

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

11,303

24,582

D Rich

Balance outstanding at start of year

17,810

14,652

Amounts advanced

-

3,158

Amounts repaid

(10,336

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

7,474

17,810

A commercial rate of interest is being charged on this loan.