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Company Registration No. 14073025 (England and Wales)
Matthew & Son Building Ltd Unaudited accounts for the year ended 30 April 2024
Matthew & Son Building Ltd Unaudited accounts Contents
Page
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Matthew & Son Building Ltd Company Information for the year ended 30 April 2024
Director
D M Thomas
Company Number
14073025 (England and Wales)
Registered Office
14 Bishop Road Ammanford Carmarthenshire SA18 3HA WALES
Accountants
DCP Accountancy Limited 45 Dol Y Dderwen Bonllwyn Ammanford Carmarthenshire SA18 2GE
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Matthew & Son Building Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,686 
16,164 
Current assets
Inventories
4,000 
2,500 
Debtors
385 
3,499 
Cash at bank and in hand
8,350 
4,872 
12,735 
10,871 
Creditors: amounts falling due within one year
- 
(8,920)
Net current assets
12,735 
1,951 
Total assets less current liabilities
35,421 
18,115 
Creditors: amounts falling due after more than one year
(44,682)
(20,382)
Net liabilities
(9,261)
(2,267)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(9,262)
(2,268)
Shareholders' funds
(9,261)
(2,267)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2024 and were signed on its behalf by
D M Thomas Director Company Registration No. 14073025
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Matthew & Son Building Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Matthew & Son Building Ltd is a private company, limited by shares, registered in England and Wales, registration number 14073025. The registered office is 14 Bishop Road, Ammanford, Carmarthenshire, SA18 3HA, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
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Matthew & Son Building Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
1,706 
17,994 
505 
20,205 
Additions
- 
26,589 
- 
26,589 
Disposals
- 
(17,994)
- 
(17,994)
At 30 April 2024
1,706 
26,589 
505 
28,800 
Depreciation
At 1 May 2023
341 
3,599 
101 
4,041 
Charge for the year
273 
5,318 
81 
5,672 
On disposals
- 
(3,599)
- 
(3,599)
At 30 April 2024
614 
5,318 
182 
6,114 
Net book value
At 30 April 2024
1,092 
21,271 
323 
22,686 
At 30 April 2023
1,365 
14,395 
404 
16,164 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
236 
3,464 
Accrued income and prepayments
- 
35 
Other debtors
149 
- 
385 
3,499 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
1,051 
Loans from directors
- 
7,544 
Deferred income
- 
325 
- 
8,920 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,763 
5,000 
Obligations under finance leases and hire purchase contracts
3,939 
15,382 
Loans from directors
36,980 
- 
44,682 
20,382 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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