Tax Matters Accountants Limited - Period Ending 2020-04-30

Tax Matters Accountants Limited - Period Ending 2020-04-30


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Registration number: 06567505

Tax Matters Accountants Limited

Trading As Beans Accounting and Business Support

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2020

 

Tax Matters Accountants Limited

Trading as Trading As Beans Accounting and Business Support

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Tax Matters Accountants Limited

Trading as Trading As Beans Accounting and Business Support

Company Information

Directors

David Rodick

Company secretary

David Rodick

Registered office

Trading As Beans Accounting and Business Support
259 Edleston Road
Crewe
Cheshire
CW2 7EA

Accountants

Taxmatters Accountants Limited
Chartered Accountants
Trading As Beans Accounting and Business Support
259 Edleston Road
Crewe
Cheshire
CW2 7EA

 

Tax Matters Accountants Limited

Trading as Trading As Beans Accounting and Business Support

Directors' Report for the Year Ended 30 April 2020

The directors present their report and the financial statements for the year ended 30 April 2020.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

David Rodick - Company secretary and director

Going concern

The director feels that the business outlook for TaxMatters Accountants is fair. Covid 19 has had an impact on clients engaging and sending in their records but accounting and tax work still needs completing. The director feels that although some clients have been taken on in March and April the 20/21 outlook would prudently see a 10 to20% reduction in turnover and profit.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 30 June 2020 and signed on its behalf by:

.........................................
David Rodick
Company secretary and director

 

Tax Matters Accountants Limited

Trading as Trading As Beans Accounting and Business Support

(Registration number: 06567505)
Balance Sheet as at 30 April 2020

2020
£

2019
£

Fixed assets

4,730

12,715

Current assets

12,840

6,892

Prepayments and accrued income

2,749

2,749

Creditors: Amounts falling due within one year

(17,501)

(17,885)

Net current liabilities

(1,912)

(8,244)

Total assets less current liabilities

2,818

4,471

Accruals and deferred income

(1,200)

(3,725)

 

1,618

746

Capital and reserves

1,618

746

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Trading As Beans Accounting and Business Support
259 Edleston Road
Crewe
Cheshire
CW2 7EA
England

These financial statements were authorised for issue by the Board on 30 June 2020.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2019 - 3).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 30 April 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

 

Tax Matters Accountants Limited

Trading as Trading As Beans Accounting and Business Support

(Registration number: 06567505)
Balance Sheet as at 30 April 2020

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 30 June 2020 and signed on its behalf by:
 

.........................................

David Rodick
Company secretary and director