Company Registration No. 06289331 (England and Wales)
Matterhorn Properties Limited
Unaudited accounts
for the year ended 31 December 2019
Matterhorn Properties Limited
Unaudited accounts
Contents
Matterhorn Properties Limited
Company Information
for the year ended 31 December 2019
Company Number
06289331 (England and Wales)
Registered Office
Unit 6
30 Friern Park
London
N12 9DA
Accountants
Leapman Weiss
Building 6
30 Friern Park
London
N12 9DA
Matterhorn Properties Limited
Statement of financial position
as at 31 December 2019
Tangible assets
4,834
9,036
Cash at bank and in hand
59,084
31,796
Creditors: amounts falling due within one year
(35,686)
(37,432)
Net current assets
41,860
53,391
Total assets less current liabilities
46,694
62,427
Creditors: amounts falling due after more than one year
(656)
(3,190)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
45,119
57,519
Shareholders' funds
45,120
57,520
For the year ending 31 December 2019 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2020 and were signed on its behalf by
Mr Richard Kyte
Director
Company Registration No. 06289331
Matterhorn Properties Limited
Notes to the Accounts
for the year ended 31 December 2019
Matterhorn Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 06289331. The registered office is Unit 6, 30 Friern Park, London, N12 9DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Motor vehicles
25% Straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2019
14,280
15,457
29,737
At 31 December 2019
14,280
15,457
29,737
At 1 January 2019
7,140
13,561
20,701
Charge for the year
3,570
632
4,202
At 31 December 2019
10,710
14,193
24,903
At 31 December 2019
3,570
1,264
4,834
At 31 December 2018
7,140
1,896
9,036
Trade debtors
16,462
55,527
Matterhorn Properties Limited
Notes to the Accounts
for the year ended 31 December 2019
6
Creditors: amounts falling due within one year
2019
2018
Obligations under finance leases and hire purchase contracts
2,534
2,534
Trade creditors
7,010
6,570
Taxes and social security
21,900
18,473
Loans from directors
2,263
8,120
7
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
656
3,190
8
Deferred taxation
2019
2018
Accelerated capital allowances
918
1,717
Provision at start of year
1,717
2,208
Credited to the profit and loss account
(799)
(491)
Provision at end of year
918
1,717
9
Average number of employees
During the year the average number of employees was 1 (2018: 1).
