Matthew Hough Limited - Accounts to registrar

REGISTERED NUMBER: 05038040 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

MATTHEW HOUGH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr M Hough

SECRETARY:

Mrs S C Hough

REGISTERED OFFICE:

28a The Hundred

Romsey

Hampshire

SO51 8BW

REGISTERED NUMBER:

05038040 (England and Wales)

ACCOUNTANTS:

Kumar Associates

Chartered Certified Accountants

28a The Hundred

Romsey

Hampshire

SO51 8BW

FIXED ASSETS

Tangible assets

4

1,243

1,658

CURRENT ASSETS

Cash at bank

31,097

32,572

CREDITORS

Amounts falling due within one year

5

18,094

32,585

NET CURRENT ASSETS/(LIABILITIES)

13,003

(13

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,246

1,645

CAPITAL AND RESERVES

Called up share capital

6

1,050

Retained earnings

7

13,196

595

SHAREHOLDERS' FUNDS

14,246

1,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 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 director on 24 October 2017 and were signed by:

Dr M Hough - Director

1.	STATUTORY INFORMATION

Matthew Hough 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.

Plant and machinery etc

-

25% on reducing balance

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 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

5,989

DEPRECIATION

At 1 April 2016

4,331

Charge for year

415

At 31 March 2017

4,746

NET BOOK VALUE

At 31 March 2017

1,243

At 31 March 2016

1,658

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade creditors

146

162

Tax

5,855

5,200

Social security and other taxes

151

-

Directors' current accounts

10,802

25,541

Accrued expenses

1,140

1,682

18,094

32,585

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

1,000

Ordinary 'A' shares

£1

1,000

50

Ordinary'B' shares

£1

50

1,050

7.

RESERVES

Retained

earnings

£

At 1 April 2016

595

Profit for the year

22,601

Dividends

(10,000

)

At 31 March 2017

13,196