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REGISTERED NUMBER: 11566406 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Matheson Communications Limited

Matheson Communications Limited (Registered number: 11566406)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Matheson Communications Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mrs S Matheson
Mr A Matheson





REGISTERED OFFICE: Vodafone
29-30 Parliament Street
York
United Kingdom
YO1 8RS





REGISTERED NUMBER: 11566406 (England and Wales)





ACCOUNTANTS: Parker Hartley & Co
Incorporated Financial Accountants
2 Waverley Street
The Groves
York
YO31 7QZ

Matheson Communications Limited (Registered number: 11566406)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,995 1,995
Tangible assets 5 1,492 1,855
3,487 3,850

CURRENT ASSETS
Debtors 6 105,320 81,229
Cash at bank 136,659 136,226
241,979 217,455
CREDITORS
Amounts falling due within one year 7 78,607 75,405
NET CURRENT ASSETS 163,372 142,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,859

145,900

CREDITORS
Amounts falling due after more than one
year

8

(6,667

)

(16,667

)

PROVISIONS FOR LIABILITIES (283 ) (352 )
NET ASSETS 159,909 128,881

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 159,905 128,877
159,909 128,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Matheson Communications Limited (Registered number: 11566406)

Balance Sheet - continued
30 September 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by:




Mrs S Matheson - Director



Mr A Matheson - Director


Matheson Communications Limited (Registered number: 11566406)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Matheson Communications 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Licences
£   
COST
At 1 October 2023
and 30 September 2024 1,995
NET BOOK VALUE
At 30 September 2024 1,995
At 30 September 2023 1,995

5. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 October 2023 6,782
Additions 372
At 30 September 2024 7,154
DEPRECIATION
At 1 October 2023 4,927
Charge for year 735
At 30 September 2024 5,662
NET BOOK VALUE
At 30 September 2024 1,492
At 30 September 2023 1,855

Matheson Communications Limited (Registered number: 11566406)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 105,320 81,229

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,905 2,565
Corporation Tax 7,817 13,786
Social security and other taxes 11,755 9,073
VAT 43,219 36,778
Other creditors 1,969 -
Directors' loan accounts 422 1,798
Accrued expenses 1,520 1,405
78,607 75,405

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans - 1-2 years 6,667 16,667

9. OTHER FINANCIAL COMMITMENTS

Matheson Communications Limited had outstanding commitments in respect of operating leases as at 30 September 2024 of £49,674 The breakdown of the periods that they are due are as follows:

Due in less than one year- £47,382
Due in 1-5 years- £2,292

Total- £49,674