REGISTERED NUMBER: 11271394 (England and Wales)

Abridged Financial Statements for the Year Ended 31st March 2025

for

Matthews City and Country Estates Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C A C Matthews

R W J Matthews

REGISTERED OFFICE:

Mount Flirt

Ankerdine Road

Broadwas on Teme

Worcestershire

WR6 5NS

REGISTERED NUMBER:

11271394 (England and Wales)

ACCOUNTANTS:

The Richards Sandy Partnership

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Investments

4

4

4

Investment property

5

825,000

825,000

825,004

825,004

CURRENT ASSETS

Stocks

350,175

1,967,859

Debtors

4,047

3,818

Cash at bank

22,283

7,317

376,505

1,978,994

CREDITORS

Amounts falling due within one year

575,932

2,166,652

NET CURRENT LIABILITIES

(199,427

)

(187,658

)

TOTAL ASSETS LESS CURRENT LIABILITIES

625,577

637,346

CREDITORS

Amounts falling due after more than one year

6

606,201

616,818

NET ASSETS

19,376

20,528

CAPITAL AND RESERVES

Called up share capital

106

106

Revaluation reserve

8

(181

)

(181

)

Retained earnings

19,451

20,603

SHAREHOLDERS' FUNDS

19,376

20,528

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th December 2025 and were signed on its behalf by:

C A C Matthews - Director

1.	STATUTORY INFORMATION

Matthews City and Country Estates Ltd 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.

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 as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st April 2024

and 31st March 2025

4

NET BOOK VALUE

At 31st March 2025

4

At 31st March 2024

4

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

825,000

NET BOOK VALUE

At 31st March 2025

825,000

At 31st March 2024

825,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2021

9,003

Valuation in 2024

(9,184

)

Cost

825,181

825,000

If Investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

825,181

825,181

Investment property was valued on an open market basis on 31st March 2025 by the directors .

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

603,550

603,550

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

603,550

1,894,982

The loans are secured against the assets of the company.

8.

RESERVES

Revaluation

reserve

£

At 1st April 2024

and 31st March 2025

(181

)