MATTHEW JAMES KITCHENS LIMITED

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 06446463

		31 March 2025		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		54,866		14,930

			54,866		14,930
CURRENT ASSETS
Debtors	5	52,458		42,683
Cash at bank and in hand		293,837		216,151

		346,295		258,834
Creditors: Amounts Falling Due Within One Year	6	(63,035 )		(35,602 )

NET CURRENT ASSETS (LIABILITIES)			283,260		223,232

TOTAL ASSETS LESS CURRENT LIABILITIES			338,126		238,162

NET ASSETS			338,126		238,162

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			338,125		238,161

SHAREHOLDERS' FUNDS			338,126		238,162

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Matthew Makin

Director

30/09/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Matthew James Kitchens Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06446463 . The registered office is 1 Dennis Buildings, 87a King William Street, Amblecote, Stourbridge, West Midlands , DY8 4HD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	33.3% straight line

Showroom equipment 20% reducing balance

2.4. Taxation

Income tax expense represents the sum of tax currently payable and deferred tax.

Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Deferred taxation is provided on the liability method to take account of timing differences betwwen the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred tax are not discounted. Both current and deferred tax are recognised at the amount of tax payable using the tax rates and laws that have been enacted or subsequently enacted by the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 5 (2023: 5)

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MATTHEW JAMES KITCHENS LIMITED

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

4. Tangible Assets

	Showroom Equipment	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	43,542	533	44,558	11,139	99,772
Additions	1,803	773	43,805	-	46,381
Disposals	-	-	(29,383 )	-	(29,383 )

As at 31 March 2025	45,345	1,306	58,980	11,139	116,770

Depreciation
As at 1 January 2024	33,504	486	40,027	10,825	84,842
Provided during the period	3,094	243	2,215	196	5,748
Disposals	-	-	(28,686 )	-	(28,686 )

As at 31 March 2025	36,598	729	13,556	11,021	61,904

Net Book Value
As at 31 March 2025	8,747	577	45,424	118	54,866

As at 1 January 2024	10,038	47	4,531	314	14,930

5. Debtors

	31 March 2025	31 December 2023
	£	£
Due within one year
Trade debtors	3,854	5,560
Other Debtors and Prepayments	4,373	6,073
VAT	-	5,920
Other taxes and social security	308	3,788
Director's loan account	40,923	21,342
Amounts owed by associates	3,000	-

	52,458	42,683

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 December 2023
	£	£
Trade creditors	20,598	559
Corporation tax	38,213	31,957
VAT	479	-
Other creditors	2,435	1,326
Accruals	1,310	1,760

	63,035	35,602

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MATTHEW JAMES KITCHENS LIMITED

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

7. Share Capital

	31 March 2025	31 December 2023
	£	£
Allotted, Called up and fully paid	1	1

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Matthew Makin	21,342	96,132	76,551	-	40,923

The above loan is unsecured, interest free and repayable on demand.

The director's overdrawn loan account was cleared by a dividend voted on 30th June 2025.

9. Dividends

	31 March 2025	31 December 2023
	£	£
On equity shares:
Interim dividend paid	30,000	30,000
Final dividend paid	30,000	30,000

	60,000	60,000

The interim dividend was paid on 30th September 2024.

The final dividend was voted on 31st December 2024.

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