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REGISTERED NUMBER: 07726958 (England and Wales)





















MATON ROSE INTERIORS (UK) LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






MATON ROSE INTERIORS (UK) LTD (REGISTERED NUMBER: 07726958)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


MATON ROSE INTERIORS (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: Ms G Hextall





REGISTERED OFFICE: 22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ





REGISTERED NUMBER: 07726958 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

MATON ROSE INTERIORS (UK) LTD (REGISTERED NUMBER: 07726958)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 199,606 64,939

CURRENT ASSETS
Stocks 298,057 90,000
Debtors 5 58,390 165,211
Cash at bank 190,526 97,654
546,973 352,865
CREDITORS
Amounts falling due within one year 6 281,829 164,655
NET CURRENT ASSETS 265,144 188,210
TOTAL ASSETS LESS CURRENT LIABILITIES 464,750 253,149

PROVISIONS FOR LIABILITIES 49,901 12,314
NET ASSETS 414,849 240,835

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 414,847 240,833
SHAREHOLDERS' FUNDS 414,849 240,835

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MATON ROSE INTERIORS (UK) LTD (REGISTERED NUMBER: 07726958)

BALANCE SHEET - continued
31 JULY 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 January 2024 and were signed by:





Ms G Hextall - Director


MATON ROSE INTERIORS (UK) LTD (REGISTERED NUMBER: 07726958)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Maton Rose Interiors (UK) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 - 20% on reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 25% 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.


MATON ROSE INTERIORS (UK) LTD (REGISTERED NUMBER: 07726958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 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.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 16 ) .

MATON ROSE INTERIORS (UK) LTD (REGISTERED NUMBER: 07726958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2022 143,138 6,147 85,559 234,844
Additions 94,830 4,221 66,320 165,371
Disposals (441 ) (2,887 ) (25,024 ) (28,352 )
At 31 July 2023 237,527 7,481 126,855 371,863
DEPRECIATION
At 1 August 2022 117,151 3,422 49,332 169,905
Charge for year 10,808 1,120 10,770 22,698
Eliminated on disposal (441 ) (2,770 ) (17,135 ) (20,346 )
At 31 July 2023 127,518 1,772 42,967 172,257
NET BOOK VALUE
At 31 July 2023 110,009 5,709 83,888 199,606
At 31 July 2022 25,987 2,725 36,227 64,939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,354 139,566
Other debtors 30,054 21,044
Prepayments 8,982 4,601
58,390 165,211

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 202,903 82,971
Corporation tax 35,400 5,486
Social security and other taxes 12,017 10,350
VAT 10,478 36,502
Other creditors 16,283 8,403
Directors' current accounts 263 17,413
Accruals and deferred income 4,485 3,530
281,829 164,655

MATON ROSE INTERIORS (UK) LTD (REGISTERED NUMBER: 07726958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2