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Registration number: 04178719

Stephen Matthews & Associates Limited
Unaudited Financial Statements
for the Year Ended 31 March 2026

Stephen Matthews & Associates Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

Stephen Matthews & Associates Limited

(Registration number: 04178719)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 4,340 | 4,054
Current assets |  |  |
Debtors | 5 | 128,674 | 60,151
Cash at bank and in hand |  | 127,071 | 195,167
|  | 255,745 | 255,318
Creditors: Amounts falling due within one year | 6 | (40,740) | (54,449)
Net current assets |  | 215,005 | 200,869
Total assets less current liabilities |  | 219,345 | 204,923
Provisions for liabilities |  | (825) | (770)
Net assets |  | 218,520 | 204,153
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 218,420 | 204,053
Shareholders' funds |  | 218,520 | 204,153

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 July 2026 and signed on its behalf by:

......................................... Mr SB Matthews Director

Stephen Matthews & Associates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Stephen Matthews & Associates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% reducing balance
Fixtures and fittings | 20% reducing balance

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Stephen Matthews & Associates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2025 | 26,483 | 26,483
Additions | 1,672 | 1,672
At 31 March 2026 | 28,155 | 28,155
Depreciation
At 1 April 2025 | 22,429 | 22,429
Charge for the year | 1,386 | 1,386
At 31 March 2026 | 23,815 | 23,815
Carrying amount
At 31 March 2026 | 4,340 | 4,340
At 31 March 2025 | 4,054 | 4,054

5 | Debtors

|  | 2026 £ | 2025 £
Trade debtors |  | 18,000 | -
Amounts owed by related parties |  | 87,100 | 56,900
Other debtors |  | 23,574 | 3,251
|  | 128,674 | 60,151

6 | Creditors

Creditors: amounts falling due within one year

|  | 2026 £ | 2025 £
Due within one year |  |  |
Trade creditors |  | 2,906 | -
Taxation and social security |  | 9,790 | 15,774
Other creditors |  | 28,044 | 38,675
|  | 40,740 | 54,449