Abbreviated Company Accounts - MATONOT LIMITED

Registered Number 00981941

MATONOT LIMITED

Abbreviated Accounts

30 September 2014

MATONOT LIMITED Registered Number 00981941

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	80,000	80,000
Investments	4	171,226	175,607
		251,226	255,607
Current assets
Debtors		1,291,479	1,287,679
Cash at bank and in hand		2,475	9,392
		1,293,954	1,297,071
Creditors: amounts falling due within one year		(146,311)	(150,975)
Net current assets (liabilities)		1,147,643	1,146,096
Total assets less current liabilities		1,398,869	1,401,703
Total net assets (liabilities)		1,398,869	1,401,703
Reserves
Revaluation reserve		27,002	27,002
Income and expenditure account		1,371,867	1,374,701
Members' funds		1,398,869	1,401,703

For the year ending 30 September 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 February 2016

And signed on their behalf by:
JOSEPH LIPSCHITZ, Director

MATONOT LIMITED Registered Number 00981941

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), and the requirements of the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005).

Consolidation

In the opinion of the members of the committee, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Charities Act 2011 not to prepare group accounts.

The directors do not consider the cost of preparing consolidated accounts justifiable and note 9 provides adequate details relating to the nature of the trading subsidairy.

Other accounting policies
Investment properties

In accordance with the financial reporting standard for smaller entities (effective April 2008) no depreciation has been charged in respect of freehold properties or leasehold properties where the unexpired term is more than twenty years.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 October 2013	80,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	80,000
Depreciation
At 1 October 2013	-
Charge for the year	-
On disposals	-
At 30 September 2014	-
Net book values
At 30 September 2014	80,000
At 30 September 2013	80,000

All fixed assets are initially recorded at cost.

4Fixed assets Investments
The investment is in quoted shares.