Materialise Interiors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06179386 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

MATERIALISE INTERIORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms C Bullock

REGISTERED OFFICE:

70 Bonchurch Road

Brighton

East Sussex

BN2 3PH

REGISTERED NUMBER:

06179386 (England and Wales)

ACCOUNTANTS:

Peter Jarman LLP

trading as

Peter Jarman & Company

1 Harbour House

Harbour Way

Shoreham by Sea

West Sussex

BN43 5HZ

FIXED ASSETS

Tangible assets

4

2,010

2,046

CURRENT ASSETS

Debtors

5

5,870

1,647

Cash at bank and in hand

3,507

20,034

9,377

21,681

CREDITORS

Amounts falling due within one year

6

(1,427

)

(4,384

)

NET CURRENT ASSETS

7,950

17,297

TOTAL ASSETS LESS CURRENT LIABILITIES

9,960

19,343

PROVISIONS FOR LIABILITIES

7

(382

)

(388

)

NET ASSETS

9,578

18,955

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

9,577

18,954

SHAREHOLDERS' FUNDS

9,578

18,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 17 April 2019 and were signed by:

Ms C Bullock - Director

1.	STATUTORY INFORMATION

Materialise Interiors 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.

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

-

15% on reducing balance

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

4,394

Additions

319

At 31 March 2019

4,713

DEPRECIATION

At 1 April 2018

2,348

Charge for year

355

At 31 March 2019

2,703

NET BOOK VALUE

At 31 March 2019

2,010

At 31 March 2018

2,046

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

5,662

1,639

Other debtors

208

8

5,870

1,647

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

60

-

Taxation and social security

-

2,608

Other creditors

1,367

1,776

1,427

4,384

7.	PROVISIONS FOR LIABILITIES

2019

2018

£

£

Deferred tax

382

388

Deferred

tax

£

Balance at 1 April 2018

388

capital allowances in advance

(6

)

of depreciation

Balance at 31 March 2019

382