REGISTERED NUMBER: 03435429 (England and Wales)

Matann Metal Fabrication Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C V Marshall

Mr D I Spraget

SECRETARY:

Mrs I L Jennings

REGISTERED OFFICE:

Blatchford Road

Horsham

West Sussex

RH13 5RA

REGISTERED NUMBER:

03435429 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Tangible assets

4

70,307

52,868

CURRENT ASSETS

Stocks

7,129

7,757

Debtors

5

140,564

136,710

Cash at bank

140,550

165,673

288,243

310,140

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

94,036

115,228

NET CURRENT ASSETS

194,207

194,912

TOTAL ASSETS LESS CURRENT LIABILITIES

264,514

247,780

PROVISIONS FOR LIABILITIES

13,597

9,608

NET ASSETS

250,917

238,172

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

249,917

237,172

SHAREHOLDERS' FUNDS

250,917

238,172

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

Mr D I Spraget - Director

1.	STATUTORY INFORMATION

Matann Metal Fabrication 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.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the company and specific criteria have been met for each of the company's activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

4% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current 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.

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 have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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.

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.

Pension costs and other post-retirement benefits

The company contributes to employees' personal pension schemes. Contributions payable to the schemes are charged to the profit and loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

17,693

157,976

27,150

202,819

Additions

2,200

3,910

35,000

41,110

Disposals

-

(3,812

)

(27,150

)

(30,962

)

At 31 March 2025

19,893

158,074

35,000

212,967

DEPRECIATION

At 1 April 2024

1,160

132,247

16,544

149,951

Charge for year

745

3,909

8,241

12,895

Eliminated on disposal

-

(3,421

)

(16,765

)

(20,186

)

At 31 March 2025

1,905

132,735

8,020

142,660

NET BOOK VALUE

At 31 March 2025

17,988

25,339

26,980

70,307

At 31 March 2024

16,533

25,729

10,606

52,868

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

17,971

59,754

Amounts owed by group undertakings

112,266

68,634

Other debtors

10,327

8,322

140,564

136,710

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

39,990

48,517

Taxation and social security

38,096

45,005

Other creditors

15,950

21,706

94,036

115,228

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, total financial commitments in respect of operating leases which are not included in the balance sheet amounted to £45,833 (2024 - £70,833).

9.	RELATED PARTY DISCLOSURES

The company's ultimate parent company is Emcel Filters Limited, a private company limited by shares, registered in England & Wales.