Registered number
13198187
Matthews & Sadler Estates Limited
Filleted Accounts
31 March 2025
Matthews & Sadler Estates Limited
Registered number: 13198187
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 - 42
Investments 5 50 50
50 92
Current assets
Debtors: amounts falling due after more than one year 27,758 27,758
Debtors: amounts falling due within one year 6 3,952 16,719
Cash at bank and in hand 40,705 38,419
72,415 82,896
Creditors: amounts falling due within one year 7 (26,966) (38,808)
Net current assets 45,449 44,088
Total assets less current liabilities 45,499 44,180
Provisions for liabilities - (11)
Net assets 45,499 44,169
Capital and reserves
Called up share capital 100 100
Profit and loss account 45,399 44,069
Shareholders' funds 45,499 44,169
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 members have 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.
Mr J Matthews
Director
Approved by the board on 23 June 2025
Matthews & Sadler Estates 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 rendering of services. 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.
Company is a going concern
The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements.
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:
Office equipment 33% straight line basis
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Taxation 2025 2024
£ £
Current year corporation tax charge 5,010 28,468
Deferred Tax on timing differences (11) (26)
4,999 28,442
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 286
At 31 March 2025 286
Depreciation
At 1 April 2024 244
Charge for the year 42
At 31 March 2025 286
Net book value
At 31 March 2025 -
At 31 March 2024 42
5 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2024 50
At 31 March 2025 50
The company's investments at the balance sheet date in the share capital of companies included the following:

FCV Europe Limited

Registered office:
Ntrust Accountancy Limited
Suite 3a Kings Hall
St Ives Business Park
Parsons Green
St Ives
Cambridgeshire
PE27 4WY

Class of shares: Holdings(%):
Ordinary 50%
6 Debtors 2025 2024
£ £
Trade debtors - 7,500
Other debtors 30,635 27,858
Prepayments 1,075 9,119
31,710 44,477
Amounts due after more than one year included above 27,758 27,758
7 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 5 73
Taxation and social security costs 5,011 33,195
Other creditors 20,500 500
Accruals and deferred income 1,450 5,040
26,966 38,808
8 Share capital 2025 2024
£ £
Allotted, called up and partly paid
98 (2024 - 98) Ordinary shares of £1.00 each 98 98
2 (2024 - 2) Ordinary A shares of £1.00 each 2 2
100 100
9 Other financial commitments 2025 2024
£ £
Total future minimum payments under non-cancellable operating leases 5,940 -
10 Other information
Matthews & Sadler Estates Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 3a Kings Hall
St Ives Business Park, Parsons Green
St Ives
Cambridgeshire
PE27 4WY
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