Abbreviated Company Accounts - MATTHEW MAYNARD RIGHTS LIMITED

MATTHEW MAYNARD RIGHTS LIMITED - Company Information

04053418 MATTHEW MAYNARD RIGHTS LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 04053418 2014-09-01 2015-08-31 04053418 2015-08-31 04053418 2014-08-31 04053418 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 04053418 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 04053418

MATTHEW MAYNARD RIGHTS LIMITED

Abbreviated Accounts

31 August 2015

MATTHEW MAYNARD RIGHTS LIMITED Registered Number 04053418

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	10,500	14,000
Tangible assets	3	1	1
		10,501	14,001
Current assets
Cash at bank and in hand		8,174	10,870
		8,174	10,870
Creditors: amounts falling due within one year		(18,288)	(23,271)
Net current assets (liabilities)		(10,114)	(12,401)
Total assets less current liabilities		387	1,600
Total net assets (liabilities)		387	1,600
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		385	1,598
Shareholders' funds		387	1,600

For the year ending 31 August 2015 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 27 May 2016

And signed on their behalf by:
Mr M P Maynard, Director

MATTHEW MAYNARD RIGHTS LIMITED Registered Number 04053418

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises amounts receivable in the ordinary course of business from the principal activities of the company, exclusive of value added tax and discounts where applicable.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 4 years straight line
Computer Equipment - 3 years straight line

2Intangible fixed assets

	£
Cost
At 1 September 2014	35,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	35,000
Amortisation
At 1 September 2014	21,000
Charge for the year	3,500
On disposals	-
At 31 August 2015	24,500
Net book values
At 31 August 2015	10,500
At 31 August 2014	14,000

3Tangible fixed assets

	£
Cost
At 1 September 2014	5,350
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	5,350
Depreciation
At 1 September 2014	5,349
Charge for the year	-
On disposals	-
At 31 August 2015	5,349
Net book values
At 31 August 2015	1
At 31 August 2014	1

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2