Matthews & Partners Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 03045485 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

MATTHEWS & PARTNERS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M A Matthews

J M Matthews

SECRETARY:

M A Matthews

REGISTERED OFFICE:

Ballands Hall

The Old Street

Fetcham

Leatherhead

Surrey

KT22 9QJ

REGISTERED NUMBER:

03045485 (England and Wales)

ACCOUNTANTS:

IGD Accounting Services Limited

29a High Street

West Wickham

Kent

BR4 0LP

FIXED ASSETS

Tangible assets

2

2,489

3,611

CURRENT ASSETS

Debtors

123,000

90,000

Investments

30,988

58,983

Cash at bank

32,126

22,329

186,114

171,312

CREDITORS

Amounts falling due within one year

43,712

44,641

NET CURRENT ASSETS

142,402

126,671

TOTAL ASSETS LESS CURRENT
LIABILITIES

144,891

130,282

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

144,791

130,182

SHAREHOLDERS' FUNDS

144,891

130,282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 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 7 July 2016 and were signed on its
behalf by:

M A Matthews - Director

J M Matthews - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets

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

Fixtures, fittings & 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

26,457

Additions

335

Disposals

(20,967

)

At 31 March 2016

5,825

DEPRECIATION

At 1 April 2015

22,846

Charge for year

1,457

Eliminated on disposal

(20,967

)

At 31 March 2016

3,336

NET BOOK VALUE

At 31 March 2016

2,489

At 31 March 2015

3,611

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100