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Registered number: 11771712
MASONWOOD PROPERTY LTD
Unaudited Financial Statements
For The Year Ended 31 January 2026
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11771712
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,218,966 914,077
1,218,966 914,077
CURRENT ASSETS
Debtors 5 5,642 28,126
Cash at bank and in hand 60,128 110,161
65,770 138,287
Creditors: Amounts Falling Due Within One Year 6 (193,940 ) (178,475 )
NET CURRENT ASSETS (LIABILITIES) (128,170 ) (40,188 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,090,796 873,889
Creditors: Amounts Falling Due After More Than One Year 7 (921,217 ) (653,616 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (64,511 ) (64,511 )
NET ASSETS 105,068 155,762
CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 264,495 264,495
Profit and Loss Account (159,527 ) (108,833 )
SHAREHOLDERS' FUNDS 105,068 155,762
Page 1
Page 2
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 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.
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 Inderveer Hothi
Director
29/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MASONWOOD PROPERTY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11771712 . The registered office is Weirwater Weir Cottage, Mill Road, West Drayton, UB7 7EH.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. 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 20% on reducing balance basis
2.5. Investment Properties
All Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2025 909,760 9,259 919,019
Additions 305,129 652 305,781
As at 31 January 2026 1,214,889 9,911 1,224,800
Depreciation
As at 1 February 2025 - 4,942 4,942
Provided during the period - 892 892
As at 31 January 2026 - 5,834 5,834
Net Book Value
As at 31 January 2026 1,214,889 4,077 1,218,966
As at 1 February 2025 909,760 4,317 914,077
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors - 850
Prepayments and accrued income 5,642 27,276
5,642 28,126
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors - (1 )
Bank loans and overdrafts - 1
Other creditors 6,774 4,775
Directors' loan accounts 129,195 116,469
Amounts owed to other participating interests 57,971 57,231
193,940 178,475
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 921,217 653,616
Page 4
Page 5
8. Secured Creditors
Of the creditors the following amounts are secured.
The below bank loans are secured on the investment properties. They are interest only with a term of 25 years and 30 years.
2026 2025
£ £
Bank loans and overdrafts 921,217 653,616
9. Share Capital
2026 2025
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
10. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 February 2025 264,495 (108,833 )
Loss for the year and total comprehensive income - (50,694 )
As at 31 January 2026 264,495 (159,527 )
11. Ultimate Controlling Party
There is no utimate controlling party due to each shareholder owning an equal prportion of the total issued share capital.
Page 5