RICHARD MATTHEW LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 03448052 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

RICHARD MATTHEW LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P Adams

SECRETARY:

Mrs J M Adams

REGISTERED OFFICE:

Forge House

Ansell Road

Dorking

Surrey

RH4 1UN

REGISTERED NUMBER:

03448052 (England and Wales)

ACCOUNTANTS:

Richard Matthew Limited

Chartered Accountant

Forge House

Ansell Road

Dorking

Surrey

RH4 1UN

FIXED ASSETS

Intangible assets

2

18,500

Tangible assets

3

-

18,500

CURRENT ASSETS

Stocks

2,050

2,000

Debtors

12,713

20,400

Cash at bank

4,313

498

19,076

22,898

CREDITORS

Amounts falling due within one year

21,367

22,370

NET CURRENT (LIABILITIES)/ASSETS

(2,291

)

528

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,209

19,028

CREDITORS

Amounts falling due after more than one
year

1,423

9,697

NET ASSETS

14,786

9,331

CAPITAL AND RESERVES

Called up share capital

4

Profit and loss account

14,782

9,327

SHAREHOLDERS' FUNDS

14,786

9,331

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 September 2016 and were signed by:

P Adams - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty four years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

40,659

Additions

6,167

At 31 December 2015

46,826

AMORTISATION

At 1 January 2015

22,159

Amortisation for year

6,167

At 31 December 2015

28,326

NET BOOK VALUE

At 31 December 2015

18,500

At 31 December 2014

18,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

7,061

DEPRECIATION

At 1 January 2015

and 31 December 2015

7,061

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

4

Ordinary

£1

4