Mattinson Partnership Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05100886 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Mattinson Partnership Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D Mattinson

SECRETARY:

D Mattinson

REGISTERED OFFICE:

22 Braxted Park

London

SW16 3DU

REGISTERED NUMBER:

05100886 (England and Wales)

FIXED ASSETS

Tangible assets

2

23,951

30,800

CURRENT ASSETS

Stocks

-

5,324

Debtors

383,170

358,359

Cash at bank and in hand

515,912

580,167

899,082

943,850

CREDITORS

Amounts falling due within one year

219,859

269,782

NET CURRENT ASSETS

679,223

674,068

TOTAL ASSETS LESS CURRENT
LIABILITIES

703,174

704,868

PROVISIONS FOR LIABILITIES

4,612

5,942

NET ASSETS

698,562

698,926

CAPITAL AND RESERVES

Called up share capital

3

202

Profit and loss account

698,360

698,724

SHAREHOLDERS' FUNDS

698,562

698,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 23 November 2016 and were signed by:

D Mattinson - 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 January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

33% on reducing balance, 20% on cost and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

Deferred tax

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

reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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 the profit and loss account in the period to which

they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

65,607

Additions

2,477

At 31 March 2016

68,084

DEPRECIATION

At 1 April 2015

34,807

Charge for year

9,326

At 31 March 2016

44,133

NET BOOK VALUE

At 31 March 2016

23,951

At 31 March 2015

30,800

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

ordinary A

£1

2

100

ordinary B

£1

100

ordinary C

£1

100

202

4.	ULTIMATE CONTROLLING PARTY

As of the 11 July 2016 David Mattinson became the ultimate controlling party.