MATTEX LTD

Company Registration Number:
06758933 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

MATTEX LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MATTEX LTD

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

wholesaler of rugs



Directors

The director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Khalid Muhammad Hyder


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 August 2025

And signed on behalf of the board by:
Name: Khalid Muhammad Hyder
Status: Director

MATTEX LTD

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 2,807,420 2,834,826
Cost of sales: ( 2,271,408 ) ( 2,370,602 )
Gross profit(or loss): 536,012 464,224
Administrative expenses: ( 346,254 ) ( 313,866 )
Other operating income: 754 185
Operating profit(or loss): 190,512 150,543
Interest receivable and similar income: 1,898 2,076
Profit(or loss) before tax: 192,410 152,619
Tax: ( 36,993 ) ( 35,651 )
Profit(or loss) for the financial year: 155,417 116,968

MATTEX LTD

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 141,975 96,946
Investments:   0 0
Total fixed assets: 141,975 96,946
Current assets
Stocks: 4 245,470 353,575
Debtors: 5 824,061 1,007,414
Cash at bank and in hand: 381,223 91,066
Investments:   0 0
Total current assets: 1,450,754 1,452,055
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 622,201 ) ( 702,890 )
Net current assets (liabilities): 828,553 749,165
Total assets less current liabilities: 970,528 846,111
Total net assets (liabilities): 970,528 846,111
Capital and reserves
Called up share capital: 100 100
Share premium account: 970,428 846,011
Total Shareholders' funds: 970,528 846,111

The notes form part of these financial statements

MATTEX LTD

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 August 2025
and signed on behalf of the board by:

Name: Khalid Muhammad Hyder
Status: Director

The notes form part of these financial statements

MATTEX LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 20% of reducing balances

    Valuation information and policy

    The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

MATTEX LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

MATTEX LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 77,376 46,078 123,454
Additions 61,179 61,179
Disposals
Revaluations
Transfers
At 30 November 2024 77,376 107,257 184,633
Depreciation
At 1 December 2023 26,508 26,508
Charge for year 16,150 16,150
On disposals
Other adjustments
At 30 November 2024 42,658 42,658
Net book value
At 30 November 2024 77,376 64,599 141,975
At 30 November 2023 77,376 19,570 96,946

MATTEX LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Stocks

2024 2023
£ £
Stocks 245,470 353,575
Payments on account 0 0
Total 245,470 353,575

MATTEX LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors

2024 2023
£ £
Trade debtors 276,061 334,228
Other debtors 548,000 673,186
Total 824,061 1,007,414
Debtors due after more than one year: 0 0

MATTEX LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 484,532 509,592
Taxation and social security 56,515 74,431
Other creditors 81,154 118,867
Total 622,201 702,890