ACCOUNTS - Final Accounts preparation

Company registration number: 05907299

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	MATTHEW JAMES LETTINGS LIMITED


MATTHEW JAMES LETTINGS LIMITED

COMPANY INFORMATION

Directors	J R Batty
	M Gill


Company secretary	M Gill


Registered number	05907299


Registered office	St James House
	St James Road
	Surbiton
	Surrey
	KT6 4QH


Accountants	Menzies LLP
	Chartered Accountants
	Ashcombe House
	5 The Crescent
	Leatherhead
	Surrey
	KT22 8DY


MATTHEW JAMES LETTINGS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


MATTHEW JAMES LETTINGS LIMITED REGISTERED NUMBER:05907299

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	48,050		47,043
Cash at bank and in hand		187,125		203,335
		235,175		250,378
Creditors: amounts falling due within one year	6	(125,982)		(110,511)
Net current assets			109,193		139,867
Total assets less current liabilities			109,193		139,867

Net assets			109,193		139,867

Capital and reserves
Allotted, called up and fully paid share capital	100	100
Share premium account	19,980	19,980
Profit and loss account	89,113	119,787
	109,193	139,867

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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MATTHEW JAMES LETTINGS LIMITED REGISTERED NUMBER:05907299

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J R Batty	M Gill
Director	Director

Date: 2 September 2025	Date:2 September 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2


MATTHEW JAMES LETTINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Matthew James Lettings Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information. The registered office is also the trading address of the company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue represents amounts receivable for services provided during the year in the normal course of business, net of VAT and other related taxes.
Revenue is recognised on services completed during the year.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Equipment

years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

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MATTHEW JAMES LETTINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).

4.	Tangible assets

		Equipment
		£
	Cost or valuation
	At 1 January 2024	3,206
	Disposals	(545)
	At 31 December 2024	2,661
	Depreciation
	At 1 January 2024	3,206
	Disposals	(545)
	At 31 December 2024	2,661
	Net book value
	At 31 December 2024	-
	At 31 December 2023	-

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MATTHEW JAMES LETTINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Trade debtors	46,732	45,224
Other debtors	390	-
Prepayments and accrued income	928	1,819
	48,050	47,043

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	383	2,257
Amounts owed to group undertakings	17,723	18,189
Corporation tax	56,397	52,533
Other taxation and social security	46,884	33,167
Other creditors	5	5
Accruals and deferred income	4,590	4,360
	125,982	110,511

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