Company registration number 09979633 (England and Wales)
MATTHEW WAY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
MATTHEW WAY LTD
BALANCE SHEET
AS AT 28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
10,393
18,700
Current assets
52,050
52,514
Creditors: amounts falling due within one year
(33,476)
(24,243)
Net current assets
18,574
28,271
Total assets less current liabilities
28,967
46,971
Creditors: amounts falling due after more than one year
(12,532)
(23,582)
Accruals and deferred income
(3,705)
(1,670)
Net assets
12,730
21,719
Capital and reserves
12,730
21,719
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the year directors of the company were advances amounts totaling £19,751 (2022 - £34,992) and repaid amounts theron of £28,896 (2022 - £24,542. At the year end the balance owing to the company was £14,809 (2022 - £23,954). The balances were unsecured, interest free and repayable on demand.

2
Financial commitments, guarantees and contingencies

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases which totalled £72,833 (2022 - £95,833).

3
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
7
7

Matthew Way Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Michael House, Castle Street, Exeter, Devon, EX4 3LQ.

For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

MATTHEW WAY LTD
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023
28 February 2023
- 2 -

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 September 2023 and are signed on its behalf by:
Mr M D Way
Director
Company registration number 09979633 (England and Wales)
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