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REGISTERED NUMBER: 07510198 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

MATFORD SERVICES LIMITED

MATFORD SERVICES LIMITED (REGISTERED NUMBER: 07510198)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MATFORD SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: A Langford
T J Matyus





REGISTERED OFFICE: 2 Short Street
Premier Business Park
Walsall
WS2 9EB





REGISTERED NUMBER: 07510198 (England and Wales)






MATFORD SERVICES LIMITED (REGISTERED NUMBER: 07510198)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £   
CURRENT ASSETS
Stocks 4,900 4,900
Debtors 5 19,816 30,469
Cash at bank and in hand 1,287 8,302
26,003 43,671
CREDITORS
Amounts falling due within one year 6 24,584 57,172
NET CURRENT ASSETS/(LIABILITIES) 1,419 (13,501 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,419

(13,501

)

CREDITORS
Amounts falling due after more than one
year

7

2,176

7,507
NET LIABILITIES (757 ) (21,008 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (758 ) (21,009 )
SHAREHOLDERS' FUNDS (757 ) (21,008 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MATFORD SERVICES LIMITED (REGISTERED NUMBER: 07510198)

BALANCE SHEET - continued
31 JANUARY 2025


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 Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:





A Langford - Director


MATFORD SERVICES LIMITED (REGISTERED NUMBER: 07510198)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Matford Services 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. 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.

Whilst the company had net liabilities at the year end, the directors have expressed their intention to continue supporting the company for the foreseeable future and hence consider the going concern basis to remain appropriate for preparation of the financial statements.

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.
Plant and machinery - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Current and deferred 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 that have been enacted or substantively enacted by the balance sheet date.

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.

MATFORD SERVICES LIMITED (REGISTERED NUMBER: 07510198)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2024
and 31 January 2025 1,668
DEPRECIATION
At 1 February 2024
and 31 January 2025 1,668
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 19,816 30,469

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 7,046 5,500
Trade creditors 24,259 14,248
Taxation and social security 3,228 3,408
Other creditors (9,949 ) 34,016
24,584 57,172

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 2,176 7,507

MATFORD SERVICES LIMITED (REGISTERED NUMBER: 07510198)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Factoring account (13,473 ) 16,753

Advances from the company's debt factors are secured by way of a fixed and floating charge over the undertaking and all its property and assets.

9. RELATED PARTY DISCLOSURES

The directors are also directors of Matford Manufacturing Limited. During the year the company made purchases of £17,000 (2024: £5,520) from Matford Manufacturing. At the year end the company was owed £0 (2024: £16,313) to Matford Manufacturing Limited.