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REGISTERED NUMBER: 09910576 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MATTHEW NEILAND LIMITED

MATTHEW NEILAND LIMITED (REGISTERED NUMBER: 09910576)

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 NEILAND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: T M F Neiland





REGISTERED OFFICE: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP





REGISTERED NUMBER: 09910576 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

MATTHEW NEILAND LIMITED (REGISTERED NUMBER: 09910576)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,276 727

CURRENT ASSETS
Debtors 5 4,625 10,718
Cash at bank 108,881 70,856
113,506 81,574
CREDITORS
Amounts falling due within one year 6 (38,850 ) (23,177 )
NET CURRENT ASSETS 74,656 58,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,932

59,124

PROVISIONS FOR LIABILITIES 7 (294 ) (138 )
NET ASSETS 75,638 58,986

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 75,538 58,886
75,638 58,986

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2024 and were signed by:





T M F Neiland - Director


MATTHEW NEILAND LIMITED (REGISTERED NUMBER: 09910576)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Matthew Neiland 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.

A portion of turnover represents the company's share of the profits of the partnership Ashton Bond Gigg. This is categorised as 'partnership profit share'

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% straight line
Computer equipment - 33.3% straight line

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

MATTHEW NEILAND LIMITED (REGISTERED NUMBER: 09910576)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 - 1,349 1,349
Additions 611 633 1,244
At 31 March 2024 611 1,982 2,593
DEPRECIATION
At 1 April 2023 - 622 622
Charge for year 105 590 695
At 31 March 2024 105 1,212 1,317
NET BOOK VALUE
At 31 March 2024 506 770 1,276
At 31 March 2023 - 727 727

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,747 10,718
Other debtors 2,878 -
4,625 10,718

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 115
Taxation and social security 36,524 20,898
Other creditors 2,326 2,164
38,850 23,177

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 294 138

Deferred
tax
£   
Balance at 1 April 2023 138
Movement in the year 156
Balance at 31 March 2024 294

MATTHEW NEILAND LIMITED (REGISTERED NUMBER: 09910576)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
T M F Neiland
Balance outstanding at start of year (61 ) (2,333 )
Amounts advanced 13,704 12,450
Amounts repaid (10,765 ) (10,178 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,878 (61 )