REGISTERED NUMBER: 08447930 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Matthews & Son (Repairs) Ltd.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

G P Spiers

M Scripps

SECRETARY:

Hall & Co Accountancy Ltd

REGISTERED OFFICE:

4 Blenhiem Court

Brownfields

Welwyn Garden City

Hertfordshire

AL7 1AD

REGISTERED NUMBER:

08447930 (England and Wales)

ACCOUNTANTS:

Hall & Co Accountancy Ltd

Unit 96 The Maltings

Stanstead Abbotts

Ware

Hertfordshire

SG12 8HG

FIXED ASSETS

Tangible assets

4

2,340

8,075

CURRENT ASSETS

Stocks

17,942

17,089

Debtors

5

60,967

75,573

Cash at bank

14,992

15,999

93,901

108,661

CREDITORS

Amounts falling due within one year

6

47,353

50,616

NET CURRENT ASSETS

46,548

58,045

TOTAL ASSETS LESS CURRENT LIABILITIES

48,888

66,120

PROVISIONS FOR LIABILITIES

443

1,533

NET ASSETS

48,445

64,587

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,345

64,487

SHAREHOLDERS' FUNDS

48,445

64,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 19 June 2026 and were signed on its behalf by:

G P Spiers - Director

1.	STATUTORY INFORMATION

Matthews & Son (Repairs) Ltd. 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.

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 etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

28,675

DEPRECIATION

At 1 April 2025

20,600

Charge for year

5,735

At 31 March 2026

26,335

NET BOOK VALUE

At 31 March 2026

2,340

At 31 March 2025

8,075

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

29,610

45,488

Other debtors

11,738

11,738

Prepayments

19,619

18,347

60,967

75,573

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 7)

-

1,883

Trade creditors

19,871

18,280

Tax

118

3,947

Social security and other taxes

4,001

2,263

VAT

6,805

8,718

Directors' current accounts

14,621

13,621

Accrued expenses

1,937

1,904

47,353

50,616

7.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.26

31.3.25

£

£

Gross obligations repayable:

Within one year

-

2,088

Finance charges repayable:

Within one year

-

205

Net obligations repayable:

Within one year

-

1,883

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G P Spiers.

The ultimate controlling party is G P Spiers.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Matthews & Son (Repairs) Ltd. for the year ended 31 March 2026 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Matthews & Son (Repairs) Ltd., as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Matthews & Son (Repairs) Ltd. and state those matters that we have agreed to state to the Board of Directors of Matthews & Son (Repairs) Ltd., as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Matthews & Son (Repairs) Ltd. and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Matthews & Son (Repairs) Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Matthews & Son (Repairs) Ltd.. You consider that Matthews & Son (Repairs) Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Matthews & Son (Repairs) Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hall & Co Accountancy Ltd

Unit 96 The Maltings

Stanstead Abbotts

Ware

Hertfordshire

SG12 8HG

19 June 2026