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REGISTERED NUMBER: 04567210 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

MATTHEW DIXON LIMITED

MATTHEW DIXON LIMITED (REGISTERED NUMBER: 04567210)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MATTHEW DIXON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: M A Dixon
Mrs J Dixon





SECRETARY: M A Dixon





REGISTERED OFFICE: 1 Highwood
Driffield
East Yorkshire
YO25 5YX





REGISTERED NUMBER: 04567210 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence
Chartered Accountants
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

MATTHEW DIXON LIMITED (REGISTERED NUMBER: 04567210)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 215
Tangible assets 5 4,495 5,788
4,495 6,003

CURRENT ASSETS
Stocks 1,725 1,730
Debtors 6 1,539 1,198
Cash at bank and in hand 12,918 26,276
16,182 29,204
CREDITORS
Amounts falling due within one year 7 22,372 19,726
NET CURRENT (LIABILITIES)/ASSETS (6,190 ) 9,478
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,695

)

15,481

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 (1,795 ) 15,381
SHAREHOLDERS' FUNDS (1,695 ) 15,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:



M A Dixon - Director


MATTHEW DIXON LIMITED (REGISTERED NUMBER: 04567210)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Matthew Dixon 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

MATTHEW DIXON LIMITED (REGISTERED NUMBER: 04567210)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 4,300
AMORTISATION
At 1 March 2022 4,085
Charge for year 215
At 28 February 2023 4,300
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 215

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 1,080 10,288 11,368
DEPRECIATION
At 1 March 2022 1,079 4,501 5,580
Charge for year (154 ) 1,447 1,293
At 28 February 2023 925 5,948 6,873
NET BOOK VALUE
At 28 February 2023 155 4,340 4,495
At 28 February 2022 1 5,787 5,788

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 60 -
Other debtors 1,479 1,198
1,539 1,198

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 228 1,122
Taxation and social security 45 3,217
Other creditors 22,099 15,387
22,372 19,726

MATTHEW DIXON LIMITED (REGISTERED NUMBER: 04567210)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

8. RESERVES
Retained
earnings
£   

At 1 March 2022 15,381
Deficit for the year (17,176 )
At 28 February 2023 (1,795 )

9. ULTIMATE CONTROLLING PARTY

Due to the disposition of the shareholdings there is no ultimate controlling party..