Company Registration No. 09029465 (England and Wales)
Matharu's UK Ltd
Unaudited accounts
for the year ended 30 April 2024
Matharu's UK Ltd
Unaudited accounts
Contents
Matharu's UK Ltd
Company Information
for the year ended 30 April 2024
Company Number
09029465 (England and Wales)
Registered Office
Supreme Banqueting & Conference
10 Roebuck Lane
West Bromwich
West Midlands
B70 6QP
Accountants
Wentworth Wealth Ltd
44-45 Calthorpe Road
Edgbaston
Birmingham
B15 1TH
Matharu's UK Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
29,377
23,620
Cash at bank and in hand
563,403
359,842
Creditors: amounts falling due within one year
(759,440)
(604,540)
Net current liabilities
(194,630)
(244,686)
Total assets less current liabilities
(165,253)
(221,066)
Creditors: amounts falling due after more than one year
(21,345)
(56,659)
Net liabilities
(186,598)
(277,725)
Called up share capital
500
500
Profit and loss account
(187,098)
(278,225)
Shareholders' funds
(186,598)
(277,725)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 April 2025 and were signed on its behalf by
Harpreet Matharu
Director
Company Registration No. 09029465
Matharu's UK Ltd
Notes to the Accounts
for the year ended 30 April 2024
Matharu's UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 09029465. The registered office is Supreme Banqueting & Conference, 10 Roebuck Lane, West Bromwich, West Midlands, B70 6QP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Matharu's UK Ltd
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
39,996
44,682
Trade creditors
214,814
167,657
Proposed dividends
75,000
50,000
Loans from directors
219,991
141,575
Deferred income
105,610
43,828
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).