REGISTERED NUMBER: 04554971 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 SEPTEMBER 2025

FOR

MATTHEWS ELECTRICAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Matthews

Mrs J Matthews

SECRETARY:

Mrs J Matthews

REGISTERED OFFICE:

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

REGISTERED NUMBER:

04554971 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Tangible assets

4

39,709

10,091

CURRENT ASSETS

Debtors

5

13,885

10,461

Cash at bank

2,825

-

16,710

10,461

CREDITORS

Amounts falling due within one year

6

35,822

28,617

NET CURRENT LIABILITIES

(19,112

)

(18,156

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,597

(8,065

)

CREDITORS

Amounts falling due after more than one year

7

35,767

14,000

NET LIABILITIES

(15,170

)

(22,065

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(15,172

)

(22,067

)

SHAREHOLDERS' FUNDS

(15,170

)

(22,065

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 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 26 June 2026 and were signed on its behalf by:

D Matthews - Director

1.	STATUTORY INFORMATION

Matthews Electrical Services 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.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Office equipment

-

20% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 26 September 2024

8,004

24,990

617

33,611

Additions

-

47,734

-

47,734

Disposals

-

(24,990

)

-

(24,990

)

At 25 September 2025

8,004

47,734

617

56,355

DEPRECIATION

At 26 September 2024

6,418

16,801

301

23,520

Charge for year

317

9,547

63

9,927

Eliminated on disposal

-

(16,801

)

-

(16,801

)

At 25 September 2025

6,735

9,547

364

16,646

NET BOOK VALUE

At 25 September 2025

1,269

38,187

253

39,709

At 25 September 2024

1,586

8,189

316

10,091

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 26 September 2024

24,990

Additions

47,734

Disposals

(24,990

)

At 25 September 2025

47,734

DEPRECIATION

At 26 September 2024

16,801

Charge for year

9,547

Eliminated on disposal

(16,801

)

At 25 September 2025

9,547

NET BOOK VALUE

At 25 September 2025

38,187

At 25 September 2024

8,189

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25.9.25

25.9.24

£

£

Trade debtors

13,885

10,461

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

25.9.25

25.9.24

£

£

Bank loans and overdrafts

8,000

8,671

Hire purchase contracts

9,400

3,300

Trade creditors

-

568

Tax

1

(6

)

Social security and other taxes

2,588

498

VAT

7,579

3,425

Directors current account

2,854

8,461

Accrued expenses

5,400

3,700

35,822

28,617

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

25.9.25

25.9.24

£

£

Bank loans more 5 yr by instal

6,000

14,000

Hire purchase contracts

29,767

-

35,767

14,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,000

14,000

8.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.