Matsons Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 05839452

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,990		8,939

			3,990		8,939
CURRENT ASSETS
Stocks	5	1,597,951		1,476,456
Debtors	6	1,521		-
Cash at bank and in hand		23,622		20,342

		1,623,094		1,496,798
Creditors: Amounts Falling Due Within One Year	7	(1,483,091 )		(1,411,183 )

NET CURRENT ASSETS (LIABILITIES)			140,003		85,615

TOTAL ASSETS LESS CURRENT LIABILITIES			143,993		94,554

NET ASSETS			143,993		94,554

CAPITAL AND RESERVES
Called up share capital	8		50,002		50,002
Profit and Loss Account			93,991		44,552

SHAREHOLDERS' FUNDS			143,993		94,554

Page 1

Page 2

Matsons Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

M S Materia

Director

14th September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Matsons Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05839452 . The registered office is Watergates Accountants, 109 Coleman Road, Leicester, LE5 4LE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15 % On cost
Motor Vehicles	15% On cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 20)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2025	48,833	94,869	143,702

As at 31 December 2025	48,833	94,869	143,702

Depreciation
As at 1 January 2025	43,020	91,743	134,763
Provided during the period	3,074	1,875	4,949

As at 31 December 2025	46,094	93,618	139,712

...CONTINUED

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Matsons Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025	2,739	1,251	3,990

As at 1 January 2025	5,813	3,126	8,939

5. Stocks

	2025	2024
	£	£
Stock	1,597,951	1,476,456

6. Debtors

	2025	2024
	£	£
Due within one year
VAT	1,521	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	72,934	296,693
Other taxes and social security	5,449	14,110
VAT	-	14,280
Net wages	-	29,666
Other creditors	8,033	100
Other creditors (1)	731,716	423,327
Accruals and deferred income	3,375	3,300
Directors' loan accounts	661,584	629,707

	1,483,091	1,411,183

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	50,002	50,002

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