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REGISTERED NUMBER: NI651162 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

AJ Matthews Ltd

AJ Matthews Ltd (Registered number: NI651162)






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


AJ Matthews Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr A J Matthews





REGISTERED OFFICE: 87 The Brambles
Lisburn
BT28 2XY





REGISTERED NUMBER: NI651162 (Northern Ireland)





ACCOUNTANTS: Astons Accountants
Chartered Certified Accountants
19-21 Manor Road
Caddington
Bedfordshire
LU1 4EE

AJ Matthews Ltd (Registered number: NI651162)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 283,072 158,072

CURRENT ASSETS
Cash at bank 39,885 3,184

CREDITORS
Amounts falling due within one year 5 72,433 31,196
NET CURRENT LIABILITIES (32,548 ) (28,012 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,524

130,060

CREDITORS
Amounts falling due after more than one
year

6

141,111

73,249
NET ASSETS 109,413 56,811

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 109,313 56,711
SHAREHOLDERS' FUNDS 109,413 56,811

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 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.

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 3 October 2023 and were signed by:




Mr A J Matthews - Director


AJ Matthews Ltd (Registered number: NI651162)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

AJ Matthews Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Investments in associates
Investments in associate undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 March 2022 158,072
Additions 125,000
At 28 February 2023 283,072
NET BOOK VALUE
At 28 February 2023 283,072
At 28 February 2022 158,072

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts (see note 7) 66,500 28,498
Directors' current accounts 4,295 2,698
Accrued expenses 1,638 -
72,433 31,196

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans (see note 7) 141,111 73,249

AJ Matthews Ltd (Registered number: NI651162)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. LOANS

An analysis of the maturity of loans is given below:

28.2.23 28.2.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 66,500 28,498

Amounts falling due between two and five years:
Bank loans - 2-5 years 141,111 73,249