REGISTERED NUMBER: 04588673 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026

FOR

MASON PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J Mason

REGISTERED OFFICE:

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

BUSINESS ADDRESS:

16 Ashurst Avenue

Southend-on-Sea

Essex

SS2 4TJ

REGISTERED NUMBER:

04588673 (England and Wales)

ACCOUNTANTS:

A.R. Lee & Co.

Chartered Accountants

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

111,933

100,300

Investment property

6

4,265,000

4,846,600

4,376,933

4,946,900

CURRENT ASSETS

Debtors

7

218,306

236,392

Cash at bank

874,110

620,854

1,092,416

857,246

CREDITORS

Amounts falling due within one year

8

198,572

176,583

NET CURRENT ASSETS

893,844

680,663

TOTAL ASSETS LESS CURRENT LIABILITIES

5,270,777

5,627,563

PROVISIONS FOR LIABILITIES

146,625

216,720

NET ASSETS

5,124,152

5,410,843

CAPITAL AND RESERVES

Called up share capital

9

100

100

Other reserves

10

302,000

302,000

Fair value reserve

10

897,554

1,145,293

Retained earnings

10

3,924,498

3,963,450

SHAREHOLDERS' FUNDS

5,124,152

5,410,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2026 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 15 October 2026 and were signed by:

D J Mason - Director

1.	STATUTORY INFORMATION

Mason Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Mason Property Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents rents receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Gifts of assets

Gifts of assets are recognized at their fair value on the date of donation and are recorded in Other Reserves.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6 April 2025

and 5 April 2026

1,687

DEPRECIATION

At 6 April 2025

and 5 April 2026

1,687

NET BOOK VALUE

At 5 April 2026

-

At 5 April 2025

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 6 April 2025

300

100,000

100,300

Additions

-

200,768

200,768

Disposals

-

(189,135

)

(189,135

)

At 5 April 2026

300

111,633

111,933

NET BOOK VALUE

At 5 April 2026

300

111,633

111,933

At 5 April 2025

300

100,000

100,300

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2025

4,846,600

Additions

2,395

Revaluations

(583,995

)

At 5 April 2026

4,265,000

NET BOOK VALUE

At 5 April 2026

4,265,000

At 5 April 2025

4,846,600

The company's investment properties were revalued to open market value at the period end by RICS Registered Valuers Sorrell of 40 Clarence Street, Southend-on-Sea, Essex, SS1 1BD.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

£

Amounts owed by group undertakings

50,000

50,000

Other debtors

168,306

186,392

218,306

236,392

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

£

Taxation and social security

70,342

66,538

Other creditors

128,230

110,045

198,572

176,583

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.26

5.4.25

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

Retained

Other

value

earnings

reserves

reserve

Totals

£

£

£

£

At 6 April 2025

3,963,450

302,000

1,145,293

5,410,743

Deficit for the year

(274,691

)

(274,691

)

Dividends

(12,000

)

(12,000

)

Fair value gains

247,739

-

(247,739

)

-

At 5 April 2026

3,924,498

302,000

897,554

5,124,052