IRIS Accounts Production v23.1.0.753 07167950 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071679502022-03-31071679502023-03-31071679502022-04-012023-03-31071679502021-03-31071679502021-04-012022-03-31071679502022-03-3107167950ns16:EnglandWales2022-04-012023-03-3107167950ns15:PoundSterling2022-04-012023-03-3107167950ns11:Director12022-04-012023-03-3107167950ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3107167950ns11:SmallEntities2022-04-012023-03-3107167950ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3107167950ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107167950ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3107167950ns11:FullAccounts2022-04-012023-03-310716795012022-04-012023-03-3107167950ns11:Director22022-04-012023-03-3107167950ns11:CompanySecretary12022-04-012023-03-3107167950ns11:RegisteredOffice2022-04-012023-03-3107167950ns6:CurrentFinancialInstruments2023-03-3107167950ns6:CurrentFinancialInstruments2022-03-3107167950ns6:Non-currentFinancialInstruments2023-03-3107167950ns6:Non-currentFinancialInstruments2022-03-3107167950ns6:ShareCapital2023-03-3107167950ns6:ShareCapital2022-03-3107167950ns6:RetainedEarningsAccumulatedLosses2023-03-3107167950ns6:RetainedEarningsAccumulatedLosses2022-03-3107167950ns6:NetGoodwill2022-04-012023-03-3107167950ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107167950ns6:PlantMachinery2022-04-012023-03-3107167950ns6:NetGoodwill2022-03-3107167950ns6:NetGoodwill2023-03-3107167950ns6:NetGoodwill2022-03-3107167950ns6:PlantMachinery2022-03-3107167950ns6:PlantMachinery2023-03-3107167950ns6:PlantMachinery2022-03-3107167950ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3107167950ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 07167950 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

THE MATHER PARTNERSHIP LTD

THE MATHER PARTNERSHIP LTD (REGISTERED NUMBER: 07167950)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE MATHER PARTNERSHIP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: P Courtis
Mrs E L Mather





SECRETARY:





REGISTERED OFFICE: The Old School
The Stennack
St Ives
Cornwall
TR26 1QU





REGISTERED NUMBER: 07167950 (England and Wales)





ACCOUNTANTS: Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU

THE MATHER PARTNERSHIP LTD (REGISTERED NUMBER: 07167950)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 60,756 12,242
60,756 12,242

CURRENT ASSETS
Debtors 6 226,160 63,821
Investments 7 151,092 200,000
Cash at bank 444,483 495,629
821,735 759,450
CREDITORS
Amounts falling due within one year 8 81,041 87,261
NET CURRENT ASSETS 740,694 672,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

801,450

684,431

CREDITORS
Amounts falling due after more than one year 9 47,798 -
NET ASSETS 753,652 684,431

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 753,550 684,329
SHAREHOLDERS' FUNDS 753,652 684,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 MATHER PARTNERSHIP LTD (REGISTERED NUMBER: 07167950)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by:





P Courtis - Director


THE MATHER PARTNERSHIP LTD (REGISTERED NUMBER: 07167950)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

The Mather Partnership Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 10% on reducing balance and Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

THE MATHER PARTNERSHIP LTD (REGISTERED NUMBER: 07167950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

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 12 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 185,000
AMORTISATION
At 1 April 2022
and 31 March 2023 185,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 25,795
Additions 67,439
At 31 March 2023 93,234
DEPRECIATION
At 1 April 2022 13,553
Charge for year 18,925
At 31 March 2023 32,478
NET BOOK VALUE
At 31 March 2023 60,756
At 31 March 2022 12,242

THE MATHER PARTNERSHIP LTD (REGISTERED NUMBER: 07167950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 226,160 63,821

The overdrawn directors current account was repaid within 9 months of the company year end.

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 151,092 200,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 5,950 -
Taxation and social security 66,508 78,142
Other creditors 8,583 9,119
81,041 87,261

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 47,798 -

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 53,748 -

11. ULTIMATE CONTROLLING PARTY

The controlling party is P Courtis.