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REGISTERED NUMBER: 06726995 (England and Wales)
















Matt on Malt Limited

Unaudited Financial Statements

for the Year Ended

31 October 2024






Matt on Malt Limited (Registered number: 06726995)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Matt on Malt Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: M J Swift





REGISTERED OFFICE: Unit 12
Shottery Brook Office Park
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NR





REGISTERED NUMBER: 06726995 (England and Wales)





ACCOUNTANTS: Moffat Gilbert
Unit 12
Shottery Brook Office Park
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NR

Matt on Malt Limited (Registered number: 06726995)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 306 360
306 360

CURRENT ASSETS
Stocks 15,941 16,658
Debtors 6 - 231
Cash at bank 163 464
16,104 17,353
CREDITORS
Amounts falling due within one year 7 15,763 15,812
NET CURRENT ASSETS 341 1,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

647

1,901

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 646 1,900
SHAREHOLDERS' FUNDS 647 1,901

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2025 and were signed by:



M J Swift - Director


Matt on Malt Limited (Registered number: 06726995)

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

1. STATUTORY INFORMATION

Matt on Malt 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of goods and services.

Intangible assets
Costs incurred for the development of the company website have been capitalised and the amortisation charge has been calculated to write off the cost over the useful economic life of the asset. The director considers that 5 years is a reasonable assessment of the useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

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

Matt on Malt Limited (Registered number: 06726995)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 680
AMORTISATION
At 1 November 2023
and 31 October 2024 680
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 4,124
DEPRECIATION
At 1 November 2023 3,764
Charge for year 54
At 31 October 2024 3,818
NET BOOK VALUE
At 31 October 2024 306
At 31 October 2023 360

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Tax - 231

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Director's current account 13,237 13,113
Accrued expenses 2,526 2,699
15,763 15,812

Matt on Malt Limited (Registered number: 06726995)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
1 Ordinary £1 1 1

9. RELATED PARTY DISCLOSURES

During the year the director incurred various expenses on behalf of the company. The amount owed to the director at the year end amounted to £13,237 (2023 £13,113). The director has confirmed that he will not request repayment of the current account until the company is in a position to pay it.

10. ULTIMATE CONTROLLING PARTY

The controlling party is M J Swift.