Mattu Limited
|
Registered number: |
05261606
|
Abridged Balance Sheet |
as at 31 December 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
1,930,675 |
|
|
1,569,608 |
|
Current assets |
Stocks |
|
|
91,552 |
|
|
94,752 |
Debtors |
3 |
|
15,061 |
|
|
29,014 |
Cash at bank and in hand |
|
|
94,341 |
|
|
205,258 |
|
|
|
200,954 |
|
|
329,024 |
|
Creditors: amounts falling due within one year |
|
|
(137,349) |
|
|
(113,925) |
|
Net current assets |
|
|
|
63,605 |
|
|
215,099 |
|
Total assets less current liabilities |
|
|
|
1,994,280 |
|
|
1,784,707 |
|
Creditors: amounts falling due after more than one year |
4 |
|
|
(942,769) |
|
|
(848,226) |
|
|
|
Net assets |
|
|
|
1,051,511 |
|
|
936,481 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
Profit and loss account |
|
|
|
1,050,511 |
|
|
935,481 |
|
Shareholders' funds |
|
|
|
1,051,511 |
|
|
936,481 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
|
|
|
|
|
N Mattu |
Director |
Approved by the board on 16 September 2017
|
|
Mattu Limited
|
Notes to the Abridged Accounts |
for the year ended 31 December 2016
|
|
|
1 |
Accounting policies |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
|
|
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
|
|
|
Taxation |
|
The charge for taxation is based on the result for the year, calculated at the corporation tax rate applicable during the accounting year.
|
|
|
2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Total |
£ |
|
Cost |
|
At 1 January 2016 |
1,674,000 |
|
Additions |
401,067 |
|
Surplus on revaluation |
- |
|
Disposals |
(20,000) |
|
At 31 December 2016 |
2,055,067 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2016 |
104,392 |
|
Charge for the year |
20,000 |
|
Surplus on revaluation |
- |
|
On disposals |
- |
|
At 31 December 2016 |
124,392 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2016 |
1,930,675 |
|
At 31 December 2015 |
1,569,608 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2016 |
|
2015 |
£ |
£ |
|
|
Amounts due after more than one year included in debtors |
15,061 |
|
29,014 |
|
|
|
|
|
|
|
|
|
|
4 |
Loans |
2016 |
|
2015 |
£ |
£ |
|
Creditors include: |
|
Amounts payable otherwise than by instalment falling due for payment after more than five years |
|
942,769 |
|
848,226 |
|
Instalments falling due for payment after more than five years |
- |
|
- |
|
|
|
|
|
|
942,769 |
|
848,226 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
560,000 |
|
600,000 |
|
|
|
|
|
|
|
|
|
|
Fixed and floating charge on the assets of the business
|
|
5 |
Other information |
|
|
Mattu Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
55 High Street, |
|
Belton |
|
North Lincolnshire |
|
DN9 1NR |