Meaningful Care Matters Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12024550 (England and Wales)

Unaudited Financial Statements

for the Period 30 May 2019 to 31 May 2020

for

Meaningful Care Matters Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P M Bewert

Mrs A R Bewert

SECRETARY:

P M Bewert

REGISTERED OFFICE:

Suite 2 Brightwire House

114a Church Road

Hove

East Sussex

BN3 2EB

REGISTERED NUMBER:

12024550 (England and Wales)

ACCOUNTANTS:

Gopsall Services Limited

4 HRFC Business Centre

Leicester Road

Hinckley

Leicestershire

LE10 3DR

FIXED ASSETS

Tangible assets

4

17,573

CURRENT ASSETS

Debtors

5

27,103

Cash at bank and in hand

92,731

119,834

CREDITORS

Amounts falling due within one year

6

198,608

NET CURRENT LIABILITIES

(78,774

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(61,201

)

CREDITORS

Amounts falling due after more than one year

7

85,000

NET LIABILITIES

(146,201

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(146,301

)

(146,201

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 March 2021 and were signed on its behalf by:

P M Bewert - Director

1.	STATUTORY INFORMATION

Meaningful Care Matters Ltd 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.

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

20,101

At 31 May 2020

20,101

DEPRECIATION

Charge for period

2,528

At 31 May 2020

2,528

NET BOOK VALUE

At 31 May 2020

17,573

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

220

Amounts owed by group undertakings

21,722

Other debtors

5,161

27,103

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

17,722

Taxation and social security

34,680

Other creditors

146,206

198,608

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

85,000

8.	GOING CONCERN

The directors have carried out a review of the Company's financial position for a period of 12 months from the date of signing these financial statements. This review has considered the specific business risks and uncertainties brought about by the current economic environment and the potential impact on the Company's financial performance.

On 11 March 2020, the World Health Organisation declared the outbreak of a strain of novel coronavirus disease, COVID-19, a global pandemic. The board of directors have assessed the situation and they are satisfied that the company has adequate resources to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements.

Accordingly, they continue to adopt the going concern basis in preparing these financial statements.