MASON DEVELOPMENTS (MANAGEMENT) LIMITED

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

MASON DEVELOPMENTS (MANAGEMENT) LIMITED - Company Information

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MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Company Registration Number:
06576028 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 2 2,153,562 2,153,562
Total fixed assets: 2,153,562 2,153,562
Current assets
Debtors:   13,765 10,540
Total current assets: 13,765 10,540
Creditors: amounts falling due within one year:   (2,978,551) (2,965,391)
Net current assets (liabilities): (2,964,786) (2,954,851)
Total assets less current liabilities: (811,224) (801,289)
Total net assets (liabilities): (811,224) (801,289)
Capital and reserves
Called up share capital: 1 1
Revaluation reserve:3(471,900)(471,900)
Profit and loss account: (339,325) (329,390)
Shareholders funds: (811,224) (801,289)

The notes form part of these financial statements

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Balance sheet statements

For the year ending 31 December 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 August 2019
and signed on behalf of the board by:

Name: Albert Fletcher
Status: Director

The notes form part of these financial statements

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Tangible Assets

Total
Cost £
At 01 January 2018 2,153,562
At 31 December 2018 2,153,562
Depreciation
At 01 January 2018 0
At 31 December 2018 0
Net book value
At 31 December 2018 2,153,562
At 31 December 2017 2,153,562

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Revaluation reserve

2018
£
Balance at 01 January 2018 (471,900)
Surplus or deficit after revaluation 0
Balance at 31 December 2018 (471,900)

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Related party transactions

Name of the related party: MASON DEVELOPMENTS (NW) LIMITED
Relationship:
Parent
Description of the Transaction: Interes on the inter-company debt.
£
Balance at 01 January 2018 78,546
Balance at 31 December 2018 65,825

MASON DEVELOPMENTS (MANAGEMENT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

5. Post balance sheet events

Land and Buildings of the Company, shown in the Balance Sheet under Tangible Assets, were sold on 06 August 2019.