Matthew & Matthew Limited - Limited company - abbreviated - 11.9

Matthew & Matthew Limited - Limited company - abbreviated - 11.9

MATTHEW & MATTHEW LIMITED - Company Information

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REGISTERED NUMBER: 06979123 (England and Wales)











ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

MATTHEW & MATTHEW LIMITED

MATTHEW & MATTHEW LIMITED (REGISTERED NUMBER: 06979123)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015










Page

Abbreviated balance sheet 1

Notes to the abbreviated accounts 3

MATTHEW & MATTHEW LIMITED (REGISTERED NUMBER: 06979123)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2015

2015 2014
Notes £    £    £    £   
Fixed assets
Intangible assets 2 - -
Tangible assets 3 41,075 26,400
41,075 26,400

Current assets
Debtors 406,510 198,751
Cash at bank and in hand 292,218 201,866
698,728 400,617
Creditors
Amounts falling due within one year 562,012 342,413
Net current assets 136,716 58,204
Total assets less current liabilities 177,791 84,604

Creditors
Amounts falling due after more than one year (57,268 ) -

Provisions for liabilities (7,203 ) (4,248 )
Net assets 113,320 80,356

Capital and reserves
Called up share capital 4 2 2
Profit and loss account 113,318 80,354
Shareholders' funds 113,320 80,356

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 notes form part of these abbreviated accounts

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MATTHEW & MATTHEW LIMITED (REGISTERED NUMBER: 06979123)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 29 January 2016 and were signed on its behalf by:





Mr D Webb - Director


The notes form part of these abbreviated accounts

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MATTHEW & MATTHEW LIMITED (REGISTERED NUMBER: 06979123)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015


1. Accounting policies

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements
The company is a wholly owned subsidiary and the parent company has taken the option under S398 of the Companies Act
2006 not to prepare consolidated financial statements.

Turnover
Turnover represents fee income earned under a wide variety of contracts to provide professional services. Revenue is
recognised as it is earned when, and to the extent that, the firm obtains the right to consideration in exchange for its
performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts
chargeable to clients, including expenses and disbursements but excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised over its
estimated useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

2. Intangible fixed assets
Total
£   
Cost
At 1 October 2014
and 30 September 2015 800,000
Amortisation
At 1 October 2014
and 30 September 2015 800,000
Net book value

At 30 September 2015 -
At 30 September 2014 -

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MATTHEW & MATTHEW LIMITED (REGISTERED NUMBER: 06979123)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2015


3. Tangible fixed assets
Total
£   
Cost
At 1 October 2014 96,276
Additions 31,975
At 30 September 2015 128,251
Depreciation
At 1 October 2014 69,876
Charge for year 17,300
At 30 September 2015 87,176
Net book value
At 30 September 2015 41,075
At 30 September 2014 26,400

4. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2

5. Ultimate parent company

M & M (Bournemouth) Ltd is regarded by the directors as being the company's ultimate parent company.

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