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Company Registration No. 5993251 (England and Wales)
M J MCMATH LIMITED Unaudited accounts for the year ended 31 March 2024
M J MCMATH LIMITED Unaudited accounts Contents
Page
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M J MCMATH LIMITED Company Information for the year ended 31 March 2024
Director
M J McMath
Company Number
5993251 (England and Wales)
Registered Office
H W MARTIN & CO LLOYDS BANK CHAMBERS HIGH STREET CREDITON DEVON EX17 3AH UK
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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M J MCMATH LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
199 
249 
Investments
310,174 
293,254 
310,373 
293,503 
Current assets
Inventories
160 
160 
Debtors
58 
113 
Cash at bank and in hand
453 
4,427 
671 
4,700 
Creditors: amounts falling due within one year
(7,134)
(8,458)
Net current liabilities
(6,463)
(3,758)
Net assets
303,910 
289,745 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
303,810 
289,645 
Shareholders' funds
303,910 
289,745 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 November 2024 and were signed on its behalf by
M J McMath Director Company Registration No. 5993251
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M J MCMATH LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
M J MCMATH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5993251. The registered office is H W MARTIN & CO, LLOYDS BANK CHAMBERS HIGH STREET, CREDITON, DEVON, EX17 3AH, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
4,162 
At 31 March 2024
4,162 
Depreciation
At 1 April 2023
3,913 
Charge for the year
50 
At 31 March 2024
3,963 
Net book value
At 31 March 2024
199 
At 31 March 2023
249 
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
293,254 
Additions
16,920 
Valuation at 31 March 2024
310,174 
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M J MCMATH LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
58 
113 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,804 
5,513 
Loans from directors
2,470 
2,085 
Accruals
860 
860 
7,134 
8,458 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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