THE MATHEMATICAL GAMES COMPANY LIMITED
THE MATHEMATICAL GAMES COMPANY LIMITED
Registered number: 08093051
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2020
Tolias Humphreys & Co
84 Kirkland Avenue
Clayhall
Ilford
Essex
IG5 0TN
THE MATHEMATICAL GAMES COMPANY LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2020
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
THE MATHEMATICAL GAMES COMPANY LIMITED
Abridged Balance Sheet
As at
30 June 2020
Abridged Balance Sheet
Registered number:
08093051
For the year ending 30 June 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| CURRENT ASSETS | |||||
| Debtors |
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| Investments |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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( |
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| Creditors: Amounts Falling Due After More Than One Year | - | (77,000) | |||
| NET ASSETS/(LIABILITIES) |
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( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Share premium account |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | 14,050 | (107,640) | |||
Page 1
THE MATHEMATICAL GAMES COMPANY LIMITED
Abridged Balance Sheet (continued)
As at
30 June 2020
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
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All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2020 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
THE MATHEMATICAL GAMES COMPANY LIMITED
Notes to the Abridged Financial Statements
For The Year Ended 30 June 2020
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Research and Development
Expenditure on research and development is written off in the year it is incurred, except where the directors are satisfied that development expenditure incurred on an individual project is carried forward as permitted by SSAP13 when its future recoverability can be regarded as assured. The expenditure carried forward is treated as an intangible fixed asset and amortised over its estimated economic life of 5 Years so as to match the expenditure with the anticipated sales from the related project. Provision is made for any impairment.
1.4.
Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are patents and copyrights in USA & UK. It is amortised to the profit and loss account over its estimated economic life of 5 years.
1.5.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4.
Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2019: 2)
6.
Intangible Assets
| Total | |||
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| £ | |||
| Cost | |||
| As at |
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| As at |
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| Amortisation | |||
| As at |
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| As at |
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| Net Book Value | |||
| As at |
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| As at |
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7.
Share Capital
| 2020 | 2019 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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| Value | Number | 2020 | 2019 | ||
|---|---|---|---|---|---|
| Allotted, called up and fully paid | £ | £ | £ | ||
|
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2,039 | 1,844 | |
Page 3
THE MATHEMATICAL GAMES COMPANY LIMITED
Notes to the Abridged Financial Statements (continued)
For The Year Ended 30 June 2020
8.
Controlling Party
The company's controlling party is Dr Shohreh Blank by virtue of her ownership of 54.32% of the issued share capital in the company.
9.
General Information
THE MATHEMATICAL GAMES COMPANY LIMITED Registered number 08093051 is a limited by shares company incorporated in England & Wales. The Registered Office is 1-7 Park Road, Caterham, Surrey, CR3 5TB.
Page 4