Mathur & Co Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08215427 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Mathur & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr K Mathur

Dr D Mathur

SECRETARY:

REGISTERED OFFICE:

29 New House Farm Drive

Northfield

Birmingham

West Midlands

B31 2FN

REGISTERED NUMBER:

08215427 (England and Wales)

ACCOUNTANTS:

Clover Chartered Certified Accountants

7 Trinity Place

Midland Drive

Sutton Coldfield

West Midlands

B72 1TX

CURRENT ASSETS

Debtors

4

14,000

27,238

Cash at bank

653,330

675,089

667,330

702,327

CREDITORS

Amounts falling due within one year

5

120,581

155,945

NET CURRENT ASSETS

546,749

546,382

TOTAL ASSETS LESS CURRENT LIABILITIES

546,749

546,382

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

546,649

546,282

SHAREHOLDERS' FUNDS

546,749

546,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 September 2018 and were signed on its behalf by:

Dr K Mathur - Director

1.	STATUTORY INFORMATION

Mathur & Co Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

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

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

14,000

27,238

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

387

336

Taxation and social security

36,210

54,212

Other creditors

83,984

101,397

120,581

155,945

6.	ULTIMATE CONTROLLING PARTY

The controlling party is jointly the directors.