Registered number
08909047
MATRA HOLDINGS (UK) LIMITED
Unaudited Filleted Accounts
31 March 2025
MATRA HOLDINGS (UK) LIMITED
Registered number: 08909047
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Investments 3 700 1,000
Current assets
Debtors 4 4,536,985 4,498,839
Cash at bank and in hand 104,123 1,694
4,641,108 4,500,533
Creditors: amounts falling due within one year 5 (2,947,189) (3,863,038)
Net current assets 1,693,919 637,495
Net assets 1,694,619 638,495
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,694,519 638,395
Shareholder's funds 1,694,619 638,495
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.
Jerry Ellis
Director
Approved by the board on 16 July 2025
MATRA HOLDINGS (UK) 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).
Going concern
The accounts have been prepared on a going concern basis as the group has sufficient resources and assets to meet the liabilities.
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.
Fixed asset 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.
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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2024 1,000
Disposals/Written off (300)
At 31 March 2025 700
The company holds 20% or more of the share capital of the following companies:
Capital and Profit (loss)
Company Shares held reserves for the year
Class % £ £
Christon Northumberland Limited Ordinary 100 130,093 19,485
Cottingwood Lane Ltd Ordinary 100 126,295 238,242
George Inn (UK) Limited Ordinary 100 100 (198,727)
Home Farm Ellingham Ltd Ordinary 100 245,313 34,702
Shoreston Hall Ltd Ordinary 100 (105,719) (32,132)
South Meadows Belford Ltd Ordinary 100 (148,606) (37,732)
St Andrews Ampthill Ltd Ordinary 100 - (4,634)
4 Debtors 2025 2024
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 4,531,715 4,495,303
Other debtors 5,270 3,536
4,536,985 4,498,839
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 9,538 10,607
Amounts owed to group undertakings and undertakings in which the company has a participating interest 2,931,051 3,839,842
Other creditors 6,600 12,589
2,947,189 3,863,038
6 Related party transactions
The Company has taken advantage of the exemption available in FRS 102 whereby it has not disclosed transactions with any wholly owned subsidiary undertaking of the group.
At the balance sheet date, the loan payable to Matra Limited, the immediate parent company, amounted to £2,617,960 (2024: £2,628,002).
7 Controlling party
The immediate parent company is Matra Limited, a company registered in Jersey. The ultimate controlling party is Nayef Marar.
8 Other information
MATRA HOLDINGS (UK) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
The Scalpel, 18th Floor
52 Lime Street
London
EC3M 7AF
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