Company No: 07181923 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	L J Mattia
	F M Mattia

REGISTERED OFFICE	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT
	United Kingdom

COMPANY NUMBER

07181923 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	113,086		150,957
		113,086		150,957
Current assets
Debtors	4	7,573		10,829
Cash at bank and in hand	5	437,923		361,166
		445,496		371,995
Creditors: amounts falling due within one year	6	( 201,882)		( 154,646)
Net current assets		243,614		217,349
Total assets less current liabilities		356,700		368,306
Creditors: amounts falling due after more than one year	7	( 13,169)		( 27,985)
Provision for liabilities	8	( 28,237)		( 37,690)
Net assets		315,294		302,631
Capital and reserves
Called-up share capital		100		100
Profit and loss account		315,194		302,531
Total shareholders' funds		315,294		302,631

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of LJ & FM Mattia Limited (registered number: 07181923) were approved and authorised for issue by the Board of Directors on 19 October 2026. They were signed on its behalf by:

L J Mattia Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

LJ & FM Mattia Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT , United Kingdom.

The financial statements have been prepared under the historical cost convention, unless otherwise specified, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Office equipment	5 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		4

3. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2025	313,604		114,487		2,960		431,051
Disposals	( 7,957)		( 20,000)		( 1,131)		( 29,088)
At 31 March 2026	305,647		94,487		1,829		401,963
Accumulated depreciation
At 01 April 2025	236,601		41,252		2,241		280,094
Charge for the financial year	15,401		18,308		284		33,993
Disposals	( 5,206)		( 18,873)		( 1,131)		( 25,210)
At 31 March 2026	246,796		40,687		1,394		288,877
Net book value
At 31 March 2026	58,851		53,800		435		113,086
At 31 March 2025	77,003		73,235		719		150,957

4. Debtors

	2026		2025
	£		£
Trade debtors	0		164
Prepayments	1,781		767
VAT recoverable	5,792		9,405
Other debtors	0		493
	7,573		10,829

5. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	437,923		361,166

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	8,767		10,290
Trade creditors	342		0
Amounts owed to directors	38,220		61,464
Accruals	99,060		40,743
Corporation tax	44,563		31,249
Other taxation and social security	4,715		4,624
Obligations under finance leases and hire purchase contracts	6,078		6,078
Other creditors	137		198
	201,882		154,646

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		8,737
Obligations under finance leases and hire purchase contracts	13,169		19,248
	13,169		27,985

There are no amounts included above in respect of which any security has been given by the small entity.

8. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 37,690)		( 30,286)
Credited/(charged) to the Statement of Income and Retained Earnings	9,453		( 7,404)
At the end of financial year	( 28,237)		( 37,690)