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REGISTERED NUMBER: 00757855 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

MATHER & ELLIS LIMITED

MATHER & ELLIS LIMITED (REGISTERED NUMBER: 00757855)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MATHER & ELLIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr I D Madeley
Mr J H Russell
Mr P E Duerden





SECRETARY: Mr I D Madeley





REGISTERED OFFICE: Mosley Road
Trafford Park
Manchester
M17 1QA





REGISTERED NUMBER: 00757855 (England and Wales)





AUDITORS: Dunhams
Chartered Accountants and
Statutory Auditor
11 Warwick Road
Old Trafford
Stretford
Manchester
M16 0QQ

MATHER & ELLIS LIMITED (REGISTERED NUMBER: 00757855)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 179,000 217,760

CURRENT ASSETS
Stocks 5 146,647 128,635
Debtors 6 406,898 579,743
Cash at bank and in hand 828,419 940,756
1,381,964 1,649,134
CREDITORS
Amounts falling due within one year 7 (422,533 ) (728,830 )
NET CURRENT ASSETS 959,431 920,304
TOTAL ASSETS LESS CURRENT LIABILITIES 1,138,431 1,138,064

PROVISIONS FOR LIABILITIES (43,494 ) (52,908 )
NET ASSETS 1,094,937 1,085,156

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 1,092,937 1,083,156
SHAREHOLDERS' FUNDS 1,094,937 1,085,156

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 6 November 2024 and were signed on its behalf by:





Mr J H Russell - Director


MATHER & ELLIS LIMITED (REGISTERED NUMBER: 00757855)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Mather & Ellis 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.

The accounts are prepared rounded to the nearest pound sterling.

Significant judgements and estimates
The preparation of financial statements in conformity with the UK GAAP requires management to make estimates and assumptions that effect the amounts and disclosures reported in the financial statements. Actual results could differ from these estimates.

Work in Progress
See below for detailed policy on Work in Progress.

Turnover
Turnover is the total amount receivable by the company in the ordinary course of business with outside customers for the goods supplied and services provided excluding VAT. On long term contracts the estimated sales value of work performed in the period is included.

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 - 20% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks & work in progress
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Long-term work in progress is taken to be that on contracts which exceed one year in duration or whose activity falls into different accounting periods and they are material to the activity of the period. Where it is considered that the outcome of a long-term contract can be assessed with reasonable certainty before its conclusion, the prudently calculated attributable profit is recognised in the profit and loss account as the difference between the recorded turnover and attributable contract costs incurred to date in the accounting period. Where it is considered that the outcome of a long-term contract cannot be assessed with reasonable certainty before its conclusion no profit is recognised on such a contract during an accounting period prior to its completion. Where there are foreseeable losses on a contracts then provision is made for these losses by setting them off against costs within work in progress and then providing for any excess within creditors. Where contracts are not long-term in nature revenue is recognised such that the right to consideration has accrued on a part completed contract.

MATHER & ELLIS LIMITED (REGISTERED NUMBER: 00757855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial instruments are recognized at amortised cost, except for investments in non-convertible
preference and non-puttable ordinary shares which are measured at fair value, with changes recognized in profit or loss.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Short-term debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognized in the income statement in other perating
expenses.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 30 (2023 - 30 ) .

MATHER & ELLIS LIMITED (REGISTERED NUMBER: 00757855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 532,259 15,526 389,835 6,431 944,051
Additions 5,949 - 9,995 2,596 18,540
Disposals (6,959 ) - (8,145 ) (2,650 ) (17,754 )
At 30 June 2024 531,249 15,526 391,685 6,377 944,837
DEPRECIATION
At 1 July 2023 467,274 12,100 242,366 4,551 726,291
Charge for year 13,980 343 39,785 807 54,915
Eliminated on disposal (5,835 ) - (7,329 ) (2,205 ) (15,369 )
At 30 June 2024 475,419 12,443 274,822 3,153 765,837
NET BOOK VALUE
At 30 June 2024 55,830 3,083 116,863 3,224 179,000
At 30 June 2023 64,985 3,426 147,469 1,880 217,760

5. STOCKS
2024 2023
£    £   
Stocks 134,798 139,756
Work-in-progress 11,849 (11,121 )
146,647 128,635

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 322,918 512,658
Other debtors 840 1,880
Prepayments 83,140 65,205
406,898 579,743

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 98,948 142,955
Tax 9,064 (17 )
Social security and other taxes 32,559 37,449
Net wages control 10,448 10,438
VAT 24,831 13,809
Other creditors 5,491 5,432
Accrued expenses 241,192 518,764
422,533 728,830

MATHER & ELLIS LIMITED (REGISTERED NUMBER: 00757855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Edwards FCA ACCA (Senior Statutory Auditor)
for and on behalf of Dunhams

9. RELATED PARTY DISCLOSURES

During the year management fees of £71,129 (2023 £133,355) and dividends of £NIL(2023 £Nil) were paid to the parent company.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J H Russell.