RICHARD MATTHEW LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03448052 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

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

Forge House

Ansell Road

Dorking

Surrey

RH4 1UN

FIXED ASSETS

Intangible assets

2

18,500

20,000

Tangible assets

3

-

-

18,500

20,000

CURRENT ASSETS

Stocks

5,000

-

Debtors

37,606

662

Cash in hand

76

-

42,682

662

CREDITORS

Amounts falling due within one year

9,350

21,334

NET CURRENT ASSETS/(LIABILITIES)

33,332

(20,672

)

TOTAL ASSETS LESS CURRENT LIABILITIES

51,832

(672

)

CREDITORS

Amounts falling due after more than one year

16,889

-

NET ASSETS/(LIABILITIES)

34,943

(672

)

CAPITAL AND RESERVES

Called up share capital

4

4

4

Profit and loss account

34,939

(676

)

SHAREHOLDERS' FUNDS

34,943

(672

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 30 June 2014 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 April 2008).

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 2013

and 31 December 2013

35,000

AMORTISATION

At 1 January 2013

15,000

Amortisation for year

1,500

At 31 December 2013

16,500

NET BOOK VALUE

At 31 December 2013

18,500

At 31 December 2012

20,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

7,061

DEPRECIATION

At 1 January 2013

and 31 December 2013

7,061

NET BOOK VALUE

At 31 December 2013

-

At 31 December 2012

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

4

Ordinary

£1

4

4