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
Matthew & Son Building Ltd
Company Information
for the year ended 30 April 2024
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
Matthew & Son Building Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
22,686
16,164
Cash at bank and in hand
8,350
4,872
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)
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
Matthew & Son Building Ltd
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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
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
At 30 April 2024
1,092
21,271
323
22,686
At 30 April 2023
1,365
14,395
404
16,164
Amounts falling due within one year
Accrued income and prepayments
-
35
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
-
7,544
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,939
15,382
Loans from directors
36,980
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).