Matthews Landscapes Limited - Filleted accounts

Registered number

05737129

Matthews Landscapes Limited

Filleted Accounts

31 March 2025

Matthews Landscapes Limited
Registered number:		05737129
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		290,230			227,265

Current assets
Debtors	5	95,133			34,337
Cash at bank and in hand		178,291			116,945
		273,424			151,282

Creditors: amounts falling due within one year	6	(23,164)			(43,299)

Net current assets			250,260			107,983

Total assets less current liabilities			540,490			335,248

Creditors: amounts falling due after more than one year	7		(170,338)			(34,722)

Net assets			370,152			300,526

Capital and reserves
Called up share capital			1			1
Profit and loss account			370,151			300,525

Shareholder's funds			370,152			300,526

The directors are 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 directors acknowledge their 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.




P Matthews
Director
Approved by the board on 31 May 2025

Matthews Landscapes Limited
Notes to the Accounts
for the year ended 31 March 2025


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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			nil
	Leasehold land and buildings			nil
	Plant and machinery			15% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							5,000
	At 31 March 2025							5,000

	Amortisation
	At 1 April 2024							5,000
	At 31 March 2025							5,000

	Net book value
	At 31 March 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	90,041		191,300		113,915		395,256
	Additions	-		46,617		48,320		94,937
	At 31 March 2025	90,041		237,917		162,235		490,193

	Depreciation
	At 1 April 2024	-		90,990		77,001		167,991
	Charge for the year	-		22,042		9,930		31,972
	At 31 March 2025	-		113,032		86,931		199,963

	Net book value
	At 31 March 2025	90,041		124,885		75,304		290,230
	At 31 March 2024	90,041		100,310		36,914		227,265


5	Debtors					2025		2024
£							£

	Trade debtors					67,132		6,796
	Other debtors					28,001		27,541
						95,133		34,337


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					9,378		31,313
	Taxation and social security costs					10,891		9,023
	Other creditors					2,895		2,963
						23,164		43,299


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					27,500		34,722
	Obligations under finance lease and hire purchase contracts					46,750		-
	Directors loan					96,088		-
						170,338		34,722


8	Controlling party

	The company is controlled by the director.


9	Other information

	Matthews Landscapes Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Rotunda Buildings
	Montpellier Exchange
	Cheltenham
	Glos