MG MATTHEWS LIMITED |
Registered number: |
07978435 |
Balance Sheet |
as at 31 March 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Current assets |
Investments held as current assets |
3 |
|
194,364 |
|
|
193,440 |
Cash at bank and in hand |
|
|
3,479 |
|
|
6,770 |
|
|
|
197,843 |
|
|
200,210 |
|
Creditors: amounts falling due within one year |
4 |
|
(872) |
|
|
(8,940) |
|
Net current assets |
|
|
|
196,971 |
|
|
191,270 |
|
Net assets |
|
|
|
196,971 |
|
|
191,270 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
196,871 |
|
|
191,170 |
|
Shareholder's funds |
|
|
|
196,971 |
|
|
191,270 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
MG Matthews |
Director |
Approved by the board on 20 November 2024 |
|
MG MATTHEWS LIMITED |
Notes to the Accounts |
for the year ended 31 March 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Investments held as current assets |
2024 |
|
2023 |
£ |
£ |
|
Fair value |
|
Listed investments |
194,364 |
|
193,440 |
|
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Taxation and social security costs |
187 |
|
8,256 |
|
Other creditors |
685 |
|
684 |
|
|
|
|
|
|
872 |
|
8,940 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
MG MATTHEWS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Devonshire House |
|
582 Honeypot Lane |
|
Stanmore |
|
Middlesex |
|
HA7 1JS |