Company Registration No. 06266234 (England and Wales)
Matthew Compton Limited
Unaudited accounts
for the year ended 31 March 2025
Matthew Compton Limited
Unaudited accounts
Contents
Matthew Compton Limited
Company Information
for the year ended 31 March 2025
Company Number
06266234 (England and Wales)
Registered Office
6-8 Revenge Road
2049
Chatham
ME5 8UD
England
Accountants
SGS Accountants Limited
6-8 Revenge Road
Chatham
Kent
ME5 8UD
Matthew Compton Limited
Statement of financial position
as at 31 March 2025
Tangible assets
14,293
18,642
Cash at bank and in hand
37,075
39,662
Creditors: amounts falling due within one year
(99,766)
(24,275)
Net current (liabilities)/assets
(52,183)
19,770
Total assets less current liabilities
(37,890)
38,412
Creditors: amounts falling due after more than one year
(1,143)
(17,614)
Provisions for liabilities
Other provisions
(1,909)
(1,909)
Net (liabilities)/assets
(40,942)
18,889
Called up share capital
50
50
Profit and loss account
(40,992)
18,839
Shareholders' funds
(40,942)
18,889
For the 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. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 December 2025 and were signed on its behalf by
Matthew Compton
Director
Company Registration No. 06266234
Matthew Compton Limited
Notes to the Accounts
for the year ended 31 March 2025
Matthew Compton Limited is a private company, limited by shares, registered in England and Wales, registration number 06266234. The registered office is 6-8 Revenge Road, 2049, Chatham, ME5 8UD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Matthew Compton Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
39,572
400
1,401
41,373
At 31 March 2025
39,572
400
1,817
41,789
At 1 April 2024
21,479
400
852
22,731
Charge for the year
4,523
-
242
4,765
At 31 March 2025
26,002
400
1,094
27,496
At 31 March 2025
13,570
-
723
14,293
At 31 March 2024
18,093
-
549
18,642
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
17,615
10,649
Taxes and social security
1,845
9,682
Other creditors
1,833
2,000
Loans from directors
32,259
39
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
1,143
-
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).