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REGISTERED NUMBER: SC214905 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

MATtest Site Services Limited

MATtest Site Services Limited (Registered number: SC214905)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MATtest Site Services Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: S Mogford





SECRETARY: A Mogford





REGISTERED OFFICE: 505 Great Western Road
GLASGOW
G12 8HN





REGISTERED NUMBER: SC214905 (Scotland)





ACCOUNTANTS: The Kelvin Partnership Ltd
Chartered Accountants
The Cooper Building
505 Great Western Road
Glasgow
G12 8HN

MATtest Site Services Limited (Registered number: SC214905)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 195,006 148,511

CURRENT ASSETS
Stocks 23,714 3,175
Debtors 5 902,595 913,721
Cash at bank and in hand 108,140 30,001
1,034,449 946,897
CREDITORS
Amounts falling due within one year 6 535,557 431,666
NET CURRENT ASSETS 498,892 515,231
TOTAL ASSETS LESS CURRENT
LIABILITIES

693,898

663,742

CREDITORS
Amounts falling due after more than one
year

7

(117,577

)

(153,018

)

PROVISIONS FOR LIABILITIES (35,536 ) (26,548 )
NET ASSETS 540,785 484,176

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 540,783 484,174
SHAREHOLDERS' FUNDS 540,785 484,176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

MATtest Site Services Limited (Registered number: SC214905)

Balance Sheet - continued
31 January 2023


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 24 July 2023 and were signed by:





S Mogford - Director


MATtest Site Services Limited (Registered number: SC214905)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

MATtest Site Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 the amount receivable for the provision of goods and services falling within the company's ordinary activities, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.


MATtest Site Services Limited (Registered number: SC214905)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued
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 41 (2022 - 36 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2022 159,845 8,360 359,238 50,873 578,316
Additions 35,172 3,100 58,966 4,107 101,345
Disposals - - (121,810 ) - (121,810 )
At 31 January 2023 195,017 11,460 296,394 54,980 557,851
DEPRECIATION
At 1 February 2022 119,047 7,614 262,742 40,402 429,805
Charge for year 6,120 577 37,375 4,810 48,882
Eliminated on disposal - - (115,842 ) - (115,842 )
At 31 January 2023 125,167 8,191 184,275 45,212 362,845
NET BOOK VALUE
At 31 January 2023 69,850 3,269 112,119 9,768 195,006
At 31 January 2022 40,798 746 96,496 10,471 148,511

MATtest Site Services Limited (Registered number: SC214905)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 579,203 583,784
Other debtors 323,392 323,888
Prepayments - 6,049
902,595 913,721

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts - 13,587
Other loans 40,000 40,000
Hire purchase contracts 35,776 26,720
Trade creditors 153,643 100,073
Tax 47,609 33,511
Social security and other taxes 26,425 14,752
Pension 3,995 11,552
VAT 166,919 140,797
Other creditors 15,247 7,420
Directors' current accounts 212 373
Accrued expenses 45,731 42,881
535,557 431,666

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Other loans - 1-2 years 93,333 133,333
Hire purchase contracts 24,244 19,685
117,577 153,018

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end, Mr S Mogford (director and shareholder) was due £212 (2022 - £372) from the company.

This amount is interest free and repayable on demand.