2015-04-01
true
false
Private Limited Company
08529714
2016-03-31
08529714
2015-04-01
2016-03-31
08529714
2015-03-31
08529714
2014-04-01
2015-03-31
08529714
uk-bus:Director1
2015-04-01
2016-03-31
iso4217:GBP
For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08529714
2
Matts Grab Hire Limited
For the year ended 31 March 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Matts Grab Hire Limited
Accountants' Report
For the year ended 31 March 2016
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
| ended 31 March 2016 and you consider that the company is exempt from an audit under the Companies Act 2006. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
| to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Vickers Reynolds & Co (Stourbridge) Ltd
1 of 4
4
| Abbreviated Balance Sheet |
Matts Grab Hire Limited
2016
2015
2
226,760
231,560
226,760
231,560
146,638
179,380
7,077
146,774
186,457
293,412
| Creditors: amounts falling due within one year |
(372,651)
(292,070)
(79,239)
(105,613)
Net current liabilities
| Total assets less current liabilities |
121,147
152,321
| Creditors: amounts falling due after more than one year |
-
(24,219)
96,928
Net assets
152,321
125,000
125,000
(28,072)
27,321
96,928
152,321
Shareholders funds
| For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) The director acknowledges his 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. |
| Date approved by the board: 14 November 2016 |
| Ian Robin Butler Director |
| Signed on behalf of the board of directors |
2 of 4
5
| Notes to the Abbreviated Financial Statements |
Matts Grab Hire Limited
For the year ended 31 March 2016
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Finance lease and hire purchase charges |
| The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
| Assets on finance lease and hire purchase |
| Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and |
| rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets |
| and depreciated over the shorter of the lease term and their estimated expected useful lives. |
| Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
231,560
1,200
(6,000)
226,760
226,760
231,560
3 of 4
6
| Notes to the Abbreviated Financial Statements |
Matts Grab Hire Limited
For the year ended 31 March 2016
4 of 4
