Trustee Matters Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08454748 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2021

for

Trustee Matters Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Wadley

Ms S M Goulds

REGISTERED OFFICE:

1st Floor

28 Market Place

Grantham

Lincolnshire

NG31 6LR

REGISTERED NUMBER:

08454748 (England and Wales)

ACCOUNTANTS:

Hood Parkes & Co

1st Floor

28 Market Place

Grantham

Lincolnshire

NG31 6LR

FIXED ASSETS

Intangible assets

4

57,831

86,746

Tangible assets

5

17,782

5,525

75,613

92,271

CURRENT ASSETS

Debtors

6

498,410

563,871

Cash at bank

1,633,122

1,279,297

2,131,532

1,843,168

CREDITORS

Amounts falling due within one year

7

97,942

135,735

NET CURRENT ASSETS

2,033,590

1,707,433

TOTAL ASSETS LESS CURRENT LIABILITIES

2,109,203

1,799,704

PROVISIONS FOR LIABILITIES

3,379

1,050

NET ASSETS

2,105,824

1,798,654

CAPITAL AND RESERVES

Called up share capital

102

300

Retained earnings

2,105,722

1,798,354

SHAREHOLDERS' FUNDS

2,105,824

1,798,654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 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 30th September 2021 and were signed on its behalf by:

A Wadley - Director

1.	STATUTORY INFORMATION

Trustee Matters 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 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 2 (2020 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2020

and 31st March 2021

289,158

AMORTISATION

At 1st April 2020

202,412

Charge for year

28,915

At 31st March 2021

231,327

NET BOOK VALUE

At 31st March 2021

57,831

At 31st March 2020

86,746

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2020

16,472

Additions

13,863

At 31st March 2021

30,335

DEPRECIATION

At 1st April 2020

10,947

Charge for year

1,606

At 31st March 2021

12,553

NET BOOK VALUE

At 31st March 2021

17,782

At 31st March 2020

5,525

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

31,832

84,591

Other debtors

466,578

479,280

498,410

563,871

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

96,577

129,886

Other creditors

1,365

5,849

97,942

135,735