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REGISTERED NUMBER: 09910864 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Matt Sturgeon Limited

Matt Sturgeon Limited (Registered number: 09910864)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Matt Sturgeon Limited

Company Information
for the Year Ended 31 December 2023







Directors: Ms S R Baxter
M K Sturgeon





Registered office: Monkey Puzzle
Nursery Lane
North Wootton
King's Lynn
Norfolk
PE30 3QB





Registered number: 09910864 (England and Wales)





Accountants: Stephenson Smart (East Anglia) Limited
Chartered Accountants
22-26 King Street
King's Lynn
Norfolk
PE30 1HJ

Matt Sturgeon Limited (Registered number: 09910864)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £ £
Fixed assets
Tangible assets 4 553 651

Current assets
Debtors 5 6,575 4,951
Cash at bank 6,675 5,547
13,250 10,498
Creditors
Amounts falling due within one year 6 (10,974 ) (10,095 )
Net current assets 2,276 403
Total assets less current liabilities 2,829 1,054

Capital and reserves
Called up share capital 100 100
Retained earnings 2,729 954
2,829 1,054

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Matt Sturgeon Limited (Registered number: 09910864)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:





M K Sturgeon - Director


Matt Sturgeon Limited (Registered number: 09910864)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. Statutory information

Matt Sturgeon 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.

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 etc - 15% p.a. reducing balance

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.

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.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

Matt Sturgeon Limited (Registered number: 09910864)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 January 2023
and 31 December 2023 901
Depreciation
At 1 January 2023 250
Charge for year 98
At 31 December 2023 348
Net book value
At 31 December 2023 553
At 31 December 2022 651

5. Debtors: amounts falling due within one year
31.12.23 31.12.22
£ £
Trade debtors 6,575 1,690
Other debtors - 3,261
6,575 4,951

6. Creditors: amounts falling due within one year
31.12.23 31.12.22
£ £
Taxation and social security 9,960 9,385
Other creditors 1,014 710
10,974 10,095

Matt Sturgeon Limited (Registered number: 09910864)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


7. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£ £
M K Sturgeon
Balance outstanding at start of year 3,261 4,194
Amounts advanced - 3,126
Amounts repaid (3,500 ) (4,059 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (239 ) 3,261