Abbreviated Company Accounts - GRANT MATTHEWSON LIMITED

Abbreviated Company Accounts - GRANT MATTHEWSON LIMITED

GRANT MATTHEWSON LIMITED - Company Information

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Registered Number 04575000

GRANT MATTHEWSON LIMITED

Abbreviated Accounts

31 March 2016

GRANT MATTHEWSON LIMITED Registered Number 04575000

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 10,667 16,000
Tangible assets 3 17,571 18,622
28,238 34,622
Current assets
Debtors 92,281 101,386
Cash at bank and in hand 218,935 156,226
311,216 257,612
Creditors: amounts falling due within one year (133,333) (133,692)
Net current assets (liabilities) 177,883 123,920
Total assets less current liabilities 206,121 158,542
Provisions for liabilities (3,514) (3,724)
Total net assets (liabilities) 202,607 154,818
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 202,507 154,718
Shareholders' funds 202,607 154,818
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 December 2016

And signed on their behalf by:
A R Bonham, Director
W S Gallop, Director

GRANT MATTHEWSON LIMITED Registered Number 04575000

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the value of services provided to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 15% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of
15 years.

2Intangible fixed assets
£
Cost
At 1 April 2015 80,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 80,000
Amortisation
At 1 April 2015 64,000
Charge for the year 5,333
On disposals -
At 31 March 2016 69,333
Net book values
At 31 March 2016 10,667
At 31 March 2015 16,000
3Tangible fixed assets
£
Cost
At 1 April 2015 59,861
Additions 2,050
Disposals -
Revaluations -
Transfers -
At 31 March 2016 61,911
Depreciation
At 1 April 2015 41,239
Charge for the year 3,101
On disposals -
At 31 March 2016 44,340
Net book values
At 31 March 2016 17,571
At 31 March 2015 18,622
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
33 A Ordinary shares of £1 each 33 33
12 B Ordinary shares of £1 each 12 12
4 C Ordinary shares of £1 each 4 4
5 D Ordinary shares of £1 each 5 5
46 E Ordinary shares of £1 each 46 46