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REGISTERED NUMBER: 11303735 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

MAT Developments (Croydon) Limited

MAT Developments (Croydon) Limited (Registered number: 11303735)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


MAT Developments (Croydon) Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: T W Burt





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 11303735 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

MAT Developments (Croydon) Limited (Registered number: 11303735)

Statement of Financial Position
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 43 304

CURRENT ASSETS
Debtors 6 69,552 17,507
Cash at bank 113 50,273
69,665 67,780
CREDITORS
Amounts falling due within one year 7 220,679 221,800
NET CURRENT LIABILITIES (151,014 ) (154,020 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(150,971

)

(153,716

)

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 100 100
Retained earnings (151,071 ) (153,816 )
(150,971 ) (153,716 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 11 July 2025 and were signed by:





T W Burt - Director


MAT Developments (Croydon) Limited (Registered number: 11303735)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

MAT Developments (Croydon) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The director has considered the future of the company and is satisfied that the going concern basis is appropriate as the investors have indicated that they will support the company for as long as is necessary.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 783
DEPRECIATION
At 1 November 2023 479
Charge for year 261
At 31 October 2024 740
NET BOOK VALUE
At 31 October 2024 43
At 31 October 2023 304

MAT Developments (Croydon) Limited (Registered number: 11303735)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Amounts owed by associates 57,552 5,000
Other debtors 12,000 12,000
VAT - 507
69,552 17,507

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other creditors 220,001 220,001
Accrued expenses 678 1,799
220,679 221,800

Other creditors represents the balance from investors.

8. RELATED PARTY DISCLOSURES

MAT Developments (Croydon) Holdings LLP, whose registered office address is at 1 Grove Place, Bedford MK40 3JJ, owns 100% of the company's issued share capital.