2023-08-01 2024-07-31 false Capium Accounts Production 1.1 10891053 2023-08-01 2024-07-31 10891053 bus:AbridgedAccounts 2023-08-01 2024-07-31 10891053 bus:FRS102 2023-08-01 2024-07-31 10891053 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 10891053 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10891053 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10891053 2023-08-01 2024-07-31 10891053 2024-07-31 10891053 bus:RegisteredOffice 2023-08-01 2024-07-31 10891053 core:WithinOneYear 2024-07-31 10891053 core:AfterOneYear 2024-07-31 10891053 1 2023-08-01 2024-07-31 10891053 bus:Director1 2023-08-01 2024-07-31 10891053 bus:Director1 2024-07-31 10891053 bus:Director1 2022-08-01 2023-07-31 10891053 bus:Director2 2023-08-01 2024-07-31 10891053 bus:Director2 2024-07-31 10891053 bus:Director2 2022-08-01 2023-07-31 10891053 2022-08-01 10891053 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 10891053 2022-08-01 2023-07-31 10891053 2023-07-31 10891053 core:WithinOneYear 2023-07-31 10891053 core:AfterOneYear 2023-07-31 10891053 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 10891053 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 10891053 bus:OrdinaryShareClass1 2024-07-31 10891053 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 10891053 bus:OrdinaryShareClass1 2023-07-31 10891053 core:PlantMachinery 2023-08-01 2024-07-31 10891053 core:PlantMachinery 2024-07-31 10891053 core:PlantMachinery 2023-07-31 10891053 core:FurnitureFittings 2023-08-01 2024-07-31 10891053 core:FurnitureFittings 2024-07-31 10891053 core:FurnitureFittings 2023-07-31 10891053 core:ComputerEquipment 2023-08-01 2024-07-31 10891053 core:ComputerEquipment 2024-07-31 10891053 core:ComputerEquipment 2023-07-31 10891053 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-07-31 10891053 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 10891053 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 10891053 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 10891053 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 10891053 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 10891053 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 10891053 core:Non-currentFinancialInstruments 2024-07-31 10891053 core:Non-currentFinancialInstruments 2023-07-31 10891053 core:ShareCapital 2024-07-31 10891053 core:ShareCapital 2023-07-31 10891053 core:RetainedEarningsAccumulatedLosses 2024-07-31 10891053 core:RetainedEarningsAccumulatedLosses 2023-07-31 10891053 dpl:Item1 2023-08-01 10891053 dpl:Item1 2024-07-31 10891053 dpl:Item1 2022-08-01 10891053 dpl:Item1 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 10891053
England and Wales

 

 

 

MATPHIL CONVENIENCE LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Matphil Convenience Limited for the year ended 31 July 2024.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Matphil Convenience Limited for the year ended 31 July 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of Matphil Convenience Limited , as a body, in accordance with the terms of our engagement letter dated 25 April 2025. Our work has been undertaken solely to prepare for your approval the accounts of Matphil Convenience Limited and state those matters that we have agreed to state to the Board of Directors of Matphil Convenience Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Matphil Convenience Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Matphil Convenience Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Matphil Convenience Limited. You consider that Matphil Convenience Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Matphil Convenience Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................

T & K Accountancy LLP

69 Banstead Road
Carshalton
SM5 3NP
25 April 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 4,176    1,716 
4,176    1,716 
Current assets      
Stocks 23,312    31,637 
Debtors: amounts falling due within one year 3,166    5,971 
Debtors: amounts falling due after one year 3,171    2,414 
Cash at bank and in hand 8,311    10,730 
37,960    50,752 
Creditors: amount falling due within one year (15,828)   (17,142)
Net current assets 22,132    33,610 
 
Total assets less current liabilities 26,308    35,326 
Creditors: amount falling due after more than one year (9,513)   (14,553)
Net assets 16,795    20,773 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 16,695    20,673 
Shareholders' funds 16,795    20,773 
 


For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 25 April 2025 and were signed on its behalf by:


-------------------------------
Mr Mathews Sebastin
Director
2
General Information
Matphil Convenience Limited is a private company, limited by shares, registered in England and Wales, registration number 10891053, registration address 96a Red Bank Road, Blackpool, Lancashire, FY2 9DZ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Fixtures and Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees


Average number of employees during the year was 3 (2023 : 3).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 August 2023 4,043    2,074    2,073    8,190 
Additions   3,800      3,800 
Disposals      
At 31 July 2024 4,043    5,874    2,073    11,990 
Depreciation
At 01 August 2023 3,324    1,479    1,671    6,474 
Charge for year 180    1,060    100    1,340 
On disposals      
At 31 July 2024 3,504    2,539    1,771    7,814 
Net book values
Closing balance as at 31 July 2024 539    3,335    302    4,176 
Opening balance as at 01 August 2023 719    595    402    1,716 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

3