Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03009907 2023-04-01 2024-03-31 03009907 2022-04-01 2023-03-31 03009907 2024-03-31 03009907 2023-03-31 03009907 c:Director1 2023-04-01 2024-03-31 03009907 d:FurnitureFittings 2023-04-01 2024-03-31 03009907 d:FurnitureFittings 2024-03-31 03009907 d:FurnitureFittings 2023-03-31 03009907 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03009907 d:CurrentFinancialInstruments 2024-03-31 03009907 d:CurrentFinancialInstruments 2023-03-31 03009907 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03009907 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03009907 d:ShareCapital 2024-03-31 03009907 d:ShareCapital 2023-03-31 03009907 d:RetainedEarningsAccumulatedLosses 2024-03-31 03009907 d:RetainedEarningsAccumulatedLosses 2023-03-31 03009907 c:FRS102 2023-04-01 2024-03-31 03009907 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03009907 c:FullAccounts 2023-04-01 2024-03-31 03009907 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03009907 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 03009907









MARKETMATCH LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MARKETMATCH LIMITED
REGISTERED NUMBER: 03009907

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
170
226

  
170
226

Current assets
  

Debtors: amounts falling due within one year
 5 
2,204
371

Cash at bank and in hand
 6 
5,666
3,956

  
7,870
4,327

Creditors: amounts falling due within one year
 7 
(6,473)
(4,283)

Net current assets
  
 
 
1,397
 
 
44

Total assets less current liabilities
  
1,567
270

  

Net assets
  
1,567
270


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,467
170

  
1,567
270

Page 1

 
MARKETMATCH LIMITED
REGISTERED NUMBER: 03009907
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
H S Thomson
Director

Date: 14 October 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
MARKETMATCH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Marketmatch Limited is a private company limited by shares and is incorporated in England (registered number:03009907). The registered address of the company is The Old Coach House, Bath Road, Oakhill, Somerset, BA3 5AQ.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
MARKETMATCH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 April 2023
39,268



At 31 March 2024

39,268



Depreciation


At 1 April 2023
39,042


Charge for the year on owned assets
56



At 31 March 2024

39,098



Net book value



At 31 March 2024
170



At 31 March 2023
226

Page 4

 
MARKETMATCH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Prepayments and accrued income
2,204
371

2,204
371



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5,666
3,956

5,666
3,956



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
356
147

Other taxation and social security
2,185
1,021

Other creditors
330
282

Accruals and deferred income
3,602
2,833

6,473
4,283


 
Page 5