Matthew Residential Care Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04730715 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2018

FOR

MATTHEW RESIDENTIAL CARE LIMITED

Page

Company Information

1

Report of the Directors

2

Chartered Certified Accountants' Report

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

Miss C Lewis

D Forde

SECRETARY:

Miss C Lewis

REGISTERED OFFICE:

67 Oatlands Drive

Slough

Berkshire

SL1 3EX

REGISTERED NUMBER:

04730715 (England and Wales)

ACCOUNTANTS:

Stiles & Company

Chartered Certified Accountants

2 Lake End Court

Taplow

Maidenhead

Berkshire

SL6 0JQ

The directors present their report with the financial statements of the company for the year ended 30 April 2018.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the provision of residential care services to

adults with learning disabilities.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2017 to the date of this report.

Miss C Lewis

D Forde

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Miss C Lewis - Director

6 November 2018

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Matthew Residential Care Limited for the year ended 30 April 2018 which comprise the Profit

and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Matthew Residential Care Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Matthew Residential Care Limited and state those matters that we have agreed to state to the Board of Directors of Matthew Residential Care Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Matthew Residential Care Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Matthew Residential Care Limited. You consider that Matthew Residential Care Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Matthew Residential Care Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stiles & Company

Chartered Certified Accountants

2 Lake End Court

Taplow

Maidenhead

Berkshire

SL6 0JQ

6 November 2018

FIXED ASSETS

Tangible assets

4

8,127

10,159

CURRENT ASSETS

Debtors

5

14,850

27,343

Cash at bank and in hand

18,299

309

33,149

27,652

CREDITORS

Amounts falling due within one year

6

31,073

35,716

NET CURRENT ASSETS/(LIABILITIES)

2,076

(8,064

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,203

2,095

PROVISIONS FOR LIABILITIES

1,544

1,930

NET ASSETS

8,659

165

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,559

65

SHAREHOLDERS' FUNDS

8,659

165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 6 November 2018 and were signed on its behalf by:

Miss C Lewis - Director

1.	STATUTORY INFORMATION

Matthew Residential Care 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.

Tangible fixed assets

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

Improvements to property

-

in accordance with the property

Fixtures and fittings

-

20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2017 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 May 2017

and 30 April 2018

27,700

51,046

78,746

DEPRECIATION

At 1 May 2017

27,700

40,887

68,587

Charge for year

-

2,032

2,032

At 30 April 2018

27,700

42,919

70,619

NET BOOK VALUE

At 30 April 2018

-

8,127

8,127

At 30 April 2017

-

10,159

10,159

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

-

13,376

Other debtors

14,850

13,967

14,850

27,343

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Bank loans and overdrafts

-

8,683

Trade creditors

552

-

Taxation and social security

17,404

12,780

Other creditors

13,117

14,253

31,073

35,716

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2018 and

30 April 2017:

30.4.18

30.4.17

£

£

D Forde

Balance outstanding at start of year

3,440

-

Amounts advanced

-

3,440

Amounts repaid

(3,440

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,440