REGISTERED NUMBER: 07920899 (England and Wales)

Jack Matthews Limited

Unaudited Financial Statements

for the Year Ended 31 January 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J L Matthews

SECRETARY:

Mrs H L Matthews

REGISTERED OFFICE:

Unit 1, Goat Lees

Trinity Road

Kennington

Ashford

Kent

TN25 4AB

REGISTERED NUMBER:

07920899 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

Unit 1, Goat Lees

Trinity Road

Ashford

Kent

TN25 4AB

FIXED ASSETS

Tangible assets

4

265

354

CURRENT ASSETS

Inventories

10,850

11,000

Debtors

5

27,746

45,904

Cash at bank and in hand

385

2,361

38,981

59,265

CREDITORS

Amounts falling due within one year

6

56,802

42,658

NET CURRENT (LIABILITIES)/ASSETS

(17,821

)

16,607

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,556

)

16,961

CREDITORS

Amounts falling due after more than one year

7

-

10,107

NET (LIABILITIES)/ASSETS

(17,556

)

6,854

CAPITAL AND RESERVES

Called up share capital

250

250

Retained earnings

(17,806

)

6,604

SHAREHOLDERS' FUNDS

(17,556

)

6,854

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 October 2026 and were signed by:

J L Matthews - Director

1.	STATUTORY INFORMATION

Jack Matthews 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.

At the year end the company had net liabilities of £17,556. The director expects the company to increase revenues and become profitable in the near future. On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

Income recognition

Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Inventories

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.

In respect of work in progress and finished goods, cost includes an appropriate proportion of attributable overheads according to the stage of manufacture/completion.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable which are measured at fair value, with changes recognised in profit or loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

4,613

DEPRECIATION

At 1 February 2025

4,259

Charge for year

89

At 31 January 2026

4,348

NET BOOK VALUE

At 31 January 2026

265

At 31 January 2025

354

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

22,657

37,293

Other debtors

5,089

8,611

27,746

45,904

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

15,988

17,235

Trade creditors

18,638

6,205

Taxation and social security

7,767

15,307

Other creditors

14,409

3,911

56,802

42,658

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

10,107

8.	OTHER FINANCIAL COMMITMENTS

At 31 January 2026, the total outstanding commitment under non-cancellable operating leases amounted to £33,226.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

J L Matthews

Balance outstanding at start of year

-

14,924

Amounts repaid

-

(14,924

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-