REGISTERED NUMBER: 03434985 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

PROCTOR & MATTHEWS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S W Proctor

A S Matthews

Ms C Lifford

G L Bignold

C G L Jaczynska

SECRETARY:

A S Matthews

REGISTERED OFFICE:

7 Blue Lion Place

237 Long Lane

London

SE1 4PX

REGISTERED NUMBER:

03434985 (England and Wales)

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

The Old Workshop

1 Ecclesall Road South

Sheffield

South Yorkshire

S11 9PA

FIXED ASSETS

Intangible assets

4

3,000

4,000

Tangible assets

5

10,328

26,740

13,328

30,740

CURRENT ASSETS

Debtors

6

539,963

529,865

Cash at bank

210,844

219,909

750,807

749,774

CREDITORS

Amounts falling due within one year

7

132,730

160,283

NET CURRENT ASSETS

618,077

589,491

TOTAL ASSETS LESS CURRENT LIABILITIES

631,405

620,231

CAPITAL AND RESERVES

Called up share capital

6,453

6,453

Retained earnings

624,952

613,778

631,405

620,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 20 June 2026 and were signed on its behalf by:

A S Matthews - Director

1.	STATUTORY INFORMATION

Proctor & Matthews 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.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on reducing balance

Taxation

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

Pension costs and other post-retirement benefits

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

10,000

AMORTISATION

At 1 October 2024

6,000

Charge for year

1,000

At 30 September 2025

7,000

NET BOOK VALUE

At 30 September 2025

3,000

At 30 September 2024

4,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 October 2024

181,235

91,871

273,106

Additions

460

-

460

Disposals

(181,695

)

-

(181,695

)

At 30 September 2025

-

91,871

91,871

DEPRECIATION

At 1 October 2024

166,646

79,720

246,366

Charge for year

9,352

1,823

11,175

Eliminated on disposal

(175,998

)

-

(175,998

)

At 30 September 2025

-

81,543

81,543

NET BOOK VALUE

At 30 September 2025

-

10,328

10,328

At 30 September 2024

14,589

12,151

26,740

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

53,318

101,737

Amounts owed by group undertakings

165,333

85,521

Other debtors

321,312

342,607

539,963

529,865

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

9,100

-

Trade creditors

50,465

87,134

Taxation and social security

53,043

39,106

Other creditors

20,122

34,043

132,730

160,283

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S W Proctor and Mr A S Matthew acting in concert.