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REGISTERED NUMBER: 07273992 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MATTHEW SHAW LTD

MATTHEW SHAW LTD (REGISTERED NUMBER: 07273992)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MATTHEW SHAW LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Dr M Shaw
Mrs C Shaw





REGISTERED OFFICE: 1 St Anthony's
30 Christ Church Road
Cheltenham
Gloucestershire
GL52 2PL





REGISTERED NUMBER: 07273992 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

MATTHEW SHAW LTD (REGISTERED NUMBER: 07273992)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 33,293 44,634

CURRENT ASSETS
Debtors 5 16,019 17,512
Cash at bank 211,731 83,624
227,750 101,136
CREDITORS
Amounts falling due within one year 6 (39,482 ) (16,988 )
NET CURRENT ASSETS 188,268 84,148
TOTAL ASSETS LESS CURRENT
LIABILITIES

221,561

128,782

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 221,461 128,682
SHAREHOLDERS' FUNDS 221,561 128,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2024 and were signed on its behalf by:





Dr M Shaw - Director


MATTHEW SHAW LTD (REGISTERED NUMBER: 07273992)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Matthew Shaw 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.

Significant judgements and estimates
The directors are of the opinion that there are no significant judgements or estimations used in preparing the financial statements.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

MATTHEW SHAW LTD (REGISTERED NUMBER: 07273992)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 59,188 3,387 62,575
DEPRECIATION
At 1 April 2023 14,797 3,144 17,941
Charge for year 11,098 243 11,341
At 31 March 2024 25,895 3,387 29,282
NET BOOK VALUE
At 31 March 2024 33,293 - 33,293
At 31 March 2023 44,391 243 44,634

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,018 17,511
Other debtors 1 1
16,019 17,512

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 34,240 12,141
Directors' current accounts 3,112 2,717
Accrued expenses 2,130 2,130
39,482 16,988

7. RESERVES
Retained
earnings
£   

At 1 April 2023 128,682
Profit for the year 97,779
Dividends (5,000 )
At 31 March 2024 221,461

8. ULTIMATE CONTROLLING PARTY

The controlling party is Dr M Shaw.

The ultimate controlling party is Dr M Shaw.