Mason Paul Property Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12754445

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,120		-
Investment Properties	5		1,146,500		917,883

			1,152,620		917,883
CURRENT ASSETS
Debtors	6	87,269		-
Cash at bank and in hand		5,928		11,986

		93,197		11,986
Creditors: Amounts Falling Due Within One Year	7	(458,798 )		(429,125 )

NET CURRENT ASSETS (LIABILITIES)			(365,601 )		(417,139 )

TOTAL ASSETS LESS CURRENT LIABILITIES			787,019		500,744

Creditors: Amounts Falling Due After More Than One Year	8		(605,612 )		(335,613 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(36,077 )		(33,575 )

NET ASSETS			145,330		131,556

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			145,230		131,456

SHAREHOLDERS' FUNDS			145,330		131,556

Page 1

Page 2

Mason Paul Property Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M P Harding

Director

25/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mason Paul Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12754445 . The registered office is 22 Church Street, Rickmansworth, WD3 1DD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents rental income receivable from the letting of the company’s investment properties and is recognised over the period to which it relates.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

Straight line over five years

2.4. Investment Properties

Investment property is initially recognised at cost, including acquisition costs, and is subsequently measured at fair value. At each reporting date, changes in fair value are recognised in profit or loss. Deferred tax is provided on fair value gains at the rate expected to apply when the property is sold.

2.5. Financial Instruments

The company has elected to apply the provisions of Sections 11 and 12 of FRS 102 in respect of financial instruments.

Basic financial assets, including debtors and cash at bank, are initially recognised at transaction price and subsequently measured at amortised cost, less any impairment where appropriate.

Basic financial liabilities, including creditors and mortgage borrowings, are initially recognised at transaction price and subsequently measured at amortised cost.

2.6. Taxation

The tax expense represents the sum of current and deferred tax.

Current tax is based on the taxable profit for the year and is calculated using tax rates that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of timing differences between the recognition of income and expenses in the financial statements and their recognition for tax purposes. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply when the timing differences reverse.

Deferred tax assets are recognised only to the extent that it is probable that they will be recovered against future taxable profits.

Page 3

Page 4

Mason Paul Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost or Valuation
As at 1 February 2025	-
Additions	7,650

As at 31 January 2026	7,650

Depreciation
As at 1 February 2025	-
Provided during the period	1,530

As at 31 January 2026	1,530

Net Book Value
As at 31 January 2026	6,120

As at 1 February 2025	-

5. Investment Property

	2026
	£
Fair Value
As at 1 February 2025	917,883
Additions	218,609
Revaluations	10,008

As at 31 January 2026	1,146,500

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2026	2025
	£	£
Cost	1,002,194	783,585

Page 4

Page 5

Mason Paul Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,235	-
Other debtors	86,034	-

	87,269	-

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	456,969	425,896
Taxation and social security	1,829	3,229

	458,798	429,125

Included within 'other creditors' above is a total of £456,019 (2025 - £424,946) owed by the Company to companies under the common control of the director.

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	605,612	335,613

The bank loans above are secured by charges over the properties to which they relate.

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2026		2025
	£		£
Bank loans	605,612		335,613

9. Secured Creditors

Of the creditors the following amounts are secured by a charge held over the properties owned by the Company.

	2026		2025
	£		£
Bank loans and overdrafts	605,612		335,613

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

Page 5