Matthew Blake Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06528061 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Matthew Blake Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M B Blake

SECRETARY:

M A Blake

REGISTERED OFFICE:

Dyrham Park Country Club

Galley Lane

Barnet

Hertfordshire

EN5 4RA

REGISTERED NUMBER:

06528061 (England and Wales)

ACCOUNTANTS:

Myers & Co Accountants Limited

Suite 204A, East Wing

Sterling House

Langston Road

Loughton

Essex

IG10 3TS

FIXED ASSETS

Tangible assets

2

5,499

5,920

CURRENT ASSETS

Stocks

50,000

Cash at bank and in hand

11,214

17,024

61,214

67,024

CREDITORS

Amounts falling due within one year

31,033

24,188

NET CURRENT ASSETS

30,181

42,836

TOTAL ASSETS LESS CURRENT
LIABILITIES

35,680

48,756

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

35,580

48,656

SHAREHOLDERS' FUNDS

35,680

48,756

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 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 7 October 2016 and were signed by:

M B Blake - 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, excluding value added tax.

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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

23,839

Additions

1,413

At 31 March 2016

25,252

DEPRECIATION

At 1 April 2015

17,919

Charge for year

1,834

At 31 March 2016

19,753

NET BOOK VALUE

At 31 March 2016

5,499

At 31 March 2015

5,920

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

75

Ordinary A

£1

75

25

Ordinary B

1

25

100