Company No: 07578153 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

O J Mathias

SECRETARY

J Mathias

REGISTERED OFFICE	North Muskham Prebend
	Church Street
	Southwell
	NG25 0HQ
	United Kingdom

COMPANY NUMBER

07578153 (England and Wales)

ACCOUNTANT	Duncan & Toplis Limited
	14 London Road
	Newark
	NG24 1TW
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	1,068		1,595
		1,068		1,595
Current assets
Debtors	5	73,061		54,191
Cash at bank and in hand		64,785		22,022
		137,846		76,213
Creditors: amounts falling due within one year	6	( 86,161)		( 58,476)
Net current assets		51,685		17,737
Total assets less current liabilities		52,753		19,332
Creditors: amounts falling due after more than one year	7	( 15,026)		( 18,576)
Provision for liabilities		( 225)		( 264)
Net assets		37,502		492
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		37,402		392
Total shareholders' funds		37,502		492

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

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Mathias Perry Limited (registered number: 07578153) were approved and authorised for issue by the Director on 11 December 2025. They were signed on its behalf by:

O J Mathias Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Mathias Perry Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is North Muskham Prebend, Church Street, Southwell, NG25 0HQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Pension costs and other post-retirement benfits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	3		3

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	90,319		90,319
At 31 March 2025	90,319		90,319
Accumulated amortisation
At 01 April 2024	90,319		90,319
At 31 March 2025	90,319		90,319
Net book value
At 31 March 2025	0		0
At 31 March 2024	0		0

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	10,267		10,267
At 31 March 2025	10,267		10,267
Accumulated depreciation
At 01 April 2024	8,672		8,672
Charge for the financial year	527		527
At 31 March 2025	9,199		9,199
Net book value
At 31 March 2025	1,068		1,068
At 31 March 2024	1,595		1,595

5. Debtors

	2025		2024
	£		£
Trade debtors	19,677		326
Prepayments	3,384		3,865
Other debtors	50,000		50,000
	73,061		54,191

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	3,632		3,692
Trade creditors	2,723		157
Amounts owed to director	27,874		33,779
Accruals	2,522		2,845
Taxation and social security	49,410		18,003
	86,161		58,476

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	15,026		18,576

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
70 A ordinary shares of £ 1.00 each	70		70
30 B ordinary shares of £ 1.00 each	30		30
	100		100