MATI CONSTRUCTION LTD Accounts






MATI CONSTRUCTION LTD

	Company No. 12917002
		Information for Filing with The Registrar
		30 September 2025

The Director presents his report and the accounts for the year ended 30 September 2025.

Principal activities
The principal activity of the company during the year under review was Construction.




Director

The Director who served at any time during the year was as follows:

M. LLESHI









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

M. LLESHI
Director
26 April 2026

at	30 September 2025
Company No.		12917002	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	23,477	42,214

	Investments		6	230,124	227,432
				253,601	269,646
Current assets

	Debtors		7	287,421	23,373

	Cash at bank and in hand			11,347	63,517
				298,768	86,890
Creditors: Amount falling due within one year			8	(273,386)	(60,387)
Net current assets				25,382	26,503
Total assets less current liabilities				278,983	296,149




Net assets				278,983	296,149

Capital and reserves
	Called up share capital			1,000	1,000



	Profit and loss account		10	277,983	295,149

Total equity				278,983	296,149



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 September 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 26 April 2026 and signed on its behalf by:
M. LLESHI
Director
26 April 2026

for the year ended 30 September 2025

General information

MATI CONSTRUCTION LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12917002

Its registered office is:

11 Portland Road

South Norwood

London

SE25 4UF

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

The company’s contracts with customers typically relate to the provision of construction services, including building, refurbishment, and related works.

Performance obligations are satisfied over time as the construction services are delivered, since the customer controls the asset as it is created or enhanced. Revenue is therefore recognised based on the stage of completion of the contract activity at the reporting date, measured using an appropriate method such as costs incurred to date compared to total estimated contract costs.

Where contracts include multiple elements, such as supply of materials and labour, these are generally treated as a single performance obligation as they are not separately identifiable within the contract.

Payments are usually agreed in stages, based on work completed (applications for payment), and may include retention amounts which are recognised when it is highly probable that they will be received.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Freehold buildings

25%% Straight line

Leasehold land and buildings

25%% Straight line

Plant and machinery

25%% Straight line

Motor vehicles

25%% Straight line

Furniture, fittings and equipment

25%% Straight line

Leased assets

Leases are classified as either finance leases or operating leases depending on the substance of the transaction.

Assets held under finance leases are recognised in the balance sheet at the lower of the fair value of the leased asset and the present value of the minimum lease payments at the inception of the lease. The corresponding liability is included within borrowings. Finance charges are allocated to accounting periods so as to produce a constant rate of interest on the remaining balance of the liability. Assets held under finance leases are depreciated over the shorter of the lease term and their useful economic lives.

Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

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

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	4	3

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	46,430	54,617

		Total corporation tax	46,430	54,617





		Tax on profit on ordinary activities	46,430	54,617

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2025	2024
		46430	£	£
		Profit on ordinary activities before tax	166,984	199,730



		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	-	-
		Expenses not deductible for tax purposes	46,430	54,617




		Tax on profit on ordinary activities	46,430	54,617

5	Tangible fixed assets
			Plant and machinery	Motor vehicles	Total
			£	£	£
		Cost or revaluation
		At 1 October 2024	58,691	34,995	93,686




		At 30 September 2025	58,691	34,995	93,686
		Depreciation
		At 1 October 2024	23,476	27,996	51,472
		Charge for the year	11,738	6,999	18,737



		At 30 September 2025	35,214	34,995	70,209
		Net book values
		At 30 September 2025	23,477	-	23,477
		At 30 September 2024	35,215	6,999	42,214

6	Investments
			Other investments	Total
			£	£
		Cost or valuation
		At 1 October 2024	227,432	227,432
		Additions	2,692	2,692


		At 30 September 2025	230,124	230,124
		Provisions/Impairment





		Net book values
		At 30 September 2025	230,124	230,124
		At 30 September 2024	227,432	227,432

7	Debtors
			2025	2024
			£	£




		VAT recoverable	101	-

		Other debtors	287,320	23,373

			287,421	23,373

8	Creditors:
		amounts falling due within one year
			2025	2024
			£	£






		Taxes and social security	56,047	55,299
		Loans from directors	1	-
		Other creditors	217,338	2,948
		Accruals and deferred income	-	2,140
			273,386	60,387

Share Capital

The company has issued share capital of £1,000 comprising 100 ordinary shares, 400 A ordinary shares, 400 B ordinary shares, and 100 C ordinary shares, all with a nominal value of £1 each. All shares are fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	137,720	30,000

			137,720	30,000

		Dividends by type:

		Equity dividends	137,720	30,000
			137,720	30,000

Transition to FRS 102

The impact from the transition to FRS 102 is as follows: