IRIS Accounts Production v26.1.0.640 04777743 Board of Directors 1.6.24 31.5.25 31.5.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04777743 2024-05-31 04777743 2025-05-31 04777743 2024-06-01 2025-05-31 04777743 2023-05-31 04777743 2023-06-01 2024-05-31 04777743 2024-05-31 04777743 ns15:EnglandWales 2024-06-01 2025-05-31 04777743 ns14:PoundSterling 2024-06-01 2025-05-31 04777743 ns10:Director1 2024-06-01 2025-05-31 04777743 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04777743 ns10:SmallEntities 2024-06-01 2025-05-31 04777743 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 04777743 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 04777743 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 04777743 ns10:AbridgedAccounts 2024-06-01 2025-05-31 04777743 ns10:Director2 2024-06-01 2025-05-31 04777743 ns10:Director3 2024-06-01 2025-05-31 04777743 ns10:Director4 2024-06-01 2025-05-31 04777743 ns10:CompanySecretary1 2024-06-01 2025-05-31 04777743 ns10:RegisteredOffice 2024-06-01 2025-05-31 04777743 ns5:CurrentFinancialInstruments 2025-05-31 04777743 ns5:CurrentFinancialInstruments 2024-05-31 04777743 ns5:Non-currentFinancialInstruments 2025-05-31 04777743 ns5:Non-currentFinancialInstruments 2024-05-31 04777743 ns5:ShareCapital 2025-05-31 04777743 ns5:ShareCapital 2024-05-31 04777743 ns5:SharePremium 2025-05-31 04777743 ns5:SharePremium 2024-05-31 04777743 ns5:CapitalRedemptionReserve 2025-05-31 04777743 ns5:CapitalRedemptionReserve 2024-05-31 04777743 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 04777743 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 04777743 ns5:FurnitureFittings 2024-06-01 2025-05-31 04777743 ns5:MotorVehicles 2024-06-01 2025-05-31 04777743 ns5:ComputerEquipment 2024-06-01 2025-05-31 04777743 ns5:Secured 2025-05-31 04777743 ns5:Secured 2024-05-31

REGISTERED NUMBER: 04777743 (England and Wales)

| MATTHEW DOUGLAS LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

| MATTHEW DOUGLAS LIMITED (REGISTERED NUMBER: 04777743) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| MATTHEW DOUGLAS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTORS: | R M Pescott Frost

| M D Pescott Frost

| M C Norman

| R Brett

| SECRETARY: | R M Pescott Frost

| REGISTERED OFFICE: | Wheatsheaf House

| 4 High Street

| Hadleigh

| Ipswich

| Suffolk

| IP7 5AP

| REGISTERED NUMBER: | 04777743 (England and Wales)

| ACCOUNTANTS: | Wilson Partners Limited

| Chartered Accountants

| 7 Sandy Court

| Ashleigh Way

| Langage Business Park

| Plymouth

| Devon

| PL7 5JX

| MATTHEW DOUGLAS LIMITED (REGISTERED NUMBER: 04777743) |

ABRIDGED BALANCE SHEET

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 1,088,883 |  | 4,493 |  |

Investments | 6 | 388,625 |  | 422,764 |  |

1,477,508 |  | 427,257 |  |

CURRENT ASSETS

Debtors | 288,721 |  | 115,511 |  |

Cash at bank | 144,039 |  | 122,400 |  |

432,760 |  | 237,911 |  |

CREDITORS

Amounts falling due within one year | 567,112 |  | 214,416 |  |

NET CURRENT (LIABILITIES)/ASSETS | (134,352 | ) | 23,495 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,343,156 |  | 450,752 |  |

CREDITORS

Amounts falling due after more than one year | (480,000 | ) | - |  |

PROVISIONS FOR LIABILITIES | (1,000 | ) | (1,300 | ) |

NET ASSETS | 862,156 |  | 449,452 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 196 |  |

Share premium | 109,996 |  | - |  |

Capital redemption reserve | 4 |  | 4 |  |

Retained earnings | 751,956 |  | 449,252 |  |

862,156 |  | 449,452 |  |

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

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

| MATTHEW DOUGLAS LIMITED (REGISTERED NUMBER: 04777743) |

ABRIDGED BALANCE SHEET - continued

31 MAY 2025

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 31 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2026 and were signed on its behalf by:

M D Pescott Frost - Director

| MATTHEW DOUGLAS LIMITED (REGISTERED NUMBER: 04777743) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Matthew Douglas 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| 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 the rendering of services.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 33% on cost

| Tangible fixed assets are stated at costs less accumulated depreciation and accumulated impairment losses.

| Impairment of Assets

| At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss if recognised immediately in profit or loss.

| If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the assets in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Creditors

| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transactions costs, and are measured subsequently at amortised costs using the effective interest method.

| MATTHEW DOUGLAS LIMITED (REGISTERED NUMBER: 04777743) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

| Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

| Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

| Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

| The tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that resulted in the tax expense (income).

| 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.

| At inception the Company assesses agreements that transfer the right to use assets. The assessment considers whether the arrangement is a finance lease or an operating lease based on the substances of the arrangement.

| Finance leases

| Leases of assets that transfer substantially all the risks and rewards of ownership to the Company are classified as finance leases.

| Assets held under finance leases are recognized initially at the fair value of the leased asset (or, if lower, the present value of minimum lease payments) at the inception of the lease. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation. Lease payments are apportioned between finance charges and reduction of the lease obligation using the effective interest method so as to achieve a constant rate of interest on the remaining balance of the liability. Finance charges are deducted in measuring profit or loss.

| Assets held under finance leases are included in tangible fixed assets and depreciated over the shorter of the lease term and the estimated useful life of the asset. Assets are assessed for impairment at each reporting date.

| Operating leases

| Leases that do no transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| Short- term employee benefits and contributions to defined contribution plans are recognised as an expense in the period in which they are incurred.

| Provisions for liabilities

| Provisions are recognised when the Company has a present (legal or constructive) obligation as a result of a past event; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

| Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance costs in profit or loss in the period it arises.

| The Company recognises a provision for annual leave accrued by employees for services rendered in the current period, and which employees are entitled to carry forward and use within the next 12 months, measured at the salary costs payable for the period of absence.

| MATTHEW DOUGLAS LIMITED (REGISTERED NUMBER: 04777743) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

3. | ACCOUNTING POLICIES - continued

| Current asset investments

| Current asset investments represent listed investments held. These are recorded at purchase cost and adjusted at year end for any increase or decrease in fair value through the profit and loss account.

| Movements in value are treated as unrealised until the relevant asset has been disposed of, at which point any gain is then treated as realised and taxed.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 17 (2024 - 18 ) .

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 June 2024 | 115,298 |  |

| Additions | 1,103,425 |  |

| At 31 May 2025 | 1,218,723 |  |

| DEPRECIATION

| At 1 June 2024 | 110,805 |  |

| Charge for year | 19,035 |  |

| At 31 May 2025 | 129,840 |  |

| NET BOOK VALUE

| At 31 May 2025 | 1,088,883 |  |

| At 31 May 2024 | 4,493 |  |

6. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST OR VALUATION

| At 1 June 2024 | 422,764 |  |

| Additions | 474,430 |  |

| Disposals | (560,000 | ) |

| Revaluations | 51,431 |  |

| At 31 May 2025 | 388,625 |  |

| NET BOOK VALUE

| At 31 May 2025 | 388,625 |  |

| At 31 May 2024 | 422,764 |  |

| Cost or valuation at 31 May 2025 is represented by:

| Totals

£ |

| Valuation in 2024 | 92,764 |  |

| Valuation in 2025 | 51,431 |  |

| Cost | 244,430 |  |

388,625 |  |

| MATTHEW DOUGLAS LIMITED (REGISTERED NUMBER: 04777743) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 516,000 |  | - |  |

| The security relating to the bank loan is against the property to which the loan relates and by way of a fixed charge, the assets of the business.