Company Registration No. 14253170 (England and Wales)
Mathias DC Limited
Unaudited accounts
for the year ended 30 April 2024
Mathias DC Limited
Unaudited accounts
Contents
Mathias DC Limited
Company Information
for the year ended 30 April 2024
Directors
CHETAN MATHIAS
ANISHA MATHIAS
Company Number
14253170 (England and Wales)
Registered Office
15 HATHAWAY CLOSE
BALSALL COMMON
COVENTRY
CV7 7EP
ENGLAND
Accountants
SAIAUM ACCOUNTING LIMITED P/A HONAP & CO
178 KINETON GREEN ROAD
SOLIHULL
WEST MIDLANDS
B927ES
Mathias DC Limited
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
4,297
15,000
Creditors: amounts falling due within one year
(343,570)
(15,000)
Net current (liabilities)/assets
(339,173)
100
Net (liabilities)/assets
(118,417)
100
Called up share capital
100
100
Profit and loss account
(118,517)
-
Shareholders' funds
(118,417)
100
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 1 December 2024 and were signed on its behalf by
CHETAN MATHIAS
Director
Company Registration No. 14253170
Mathias DC Limited
Notes to the Accounts
for the year ended 30 April 2024
Mathias DC Limited is a private company, limited by shares, registered in England and Wales, registration number 14253170. The registered office is 15 HATHAWAY CLOSE, BALSALL COMMON, COVENTRY, CV7 7EP, ENGLAND.
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.
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 25 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% on a straight line basis
Computer equipment
25% on a straight line basis
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
260,727
16,491
17,121
294,339
At 30 April 2024
260,727
16,491
17,121
294,339
Charge for the year
65,181
4,122
4,280
73,583
At 30 April 2024
65,181
4,122
4,280
73,583
At 30 April 2024
195,546
12,369
12,841
220,756
Mathias DC Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
342,000
15,000
Taxes and social security
369
-
7
Transactions with related parties
£342000 after deduction of fees (£50000) was advanced to Mathias DC Limited by Mathias Software Limited (2022/23 £15000) . Mathias Software is wholly owned by the directors of Mathias DC limited
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).