Company Registration No. 07232134 (England and Wales)
MATHIAS SOFTWARE LIMITED
Unaudited accounts
for the year ended 30 April 2024
MATHIAS SOFTWARE LIMITED
Unaudited accounts
Contents
MATHIAS SOFTWARE LIMITED
Company Information
for the year ended 30 April 2024
Directors
DR C C MATHIAS
MRS A MATHIAS
Company Number
07232134 (England and Wales)
Registered Office
15 HATHAWAY CLOSE
BALSALL COMMON
COVENTRY
CV7 7EP
Accountants
SAIAUM ACCOUNTING LIMITED P/A HONAP & CO
178 KINETON GREEN ROAD
SOLIHULL
WEST MIDLANDS
B927ES
MATHIAS SOFTWARE LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
5,861
7,508
Cash at bank and in hand
153,877
229,822
Creditors: amounts falling due within one year
(360,396)
(160,534)
Net current assets
465,308
431,398
Net assets
471,169
438,906
Called up share capital
100
100
Profit and loss account
471,069
438,806
Shareholders' funds
471,169
438,906
For the year ending 30 April 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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
DR C C MATHIAS
Director
Company Registration No. 07232134
MATHIAS SOFTWARE LIMITED
Notes to the Accounts
for the year ended 30 April 2024
MATHIAS SOFTWARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07232134. The registered office is 15 HATHAWAY CLOSE, BALSALL COMMON, COVENTRY, CV7 7EP.
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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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
25% on a reducing balance basis
4
Tangible fixed assets
Total
MATHIAS SOFTWARE LIMITED
Notes to the Accounts
for the year ended 30 April 2024
5
Transactions with related parties
Mathias Software Limited has a loan outstanding to Longfellow Dental practice in the sum of £66000 (2023 £66000) in which Dr C Mathias is a partner. A loan of £135212 (2022 £135212) was advanced to Oakside Property Limited (12276302) a company wholly owned by the Directors of Mathias Software Limited . A loan of £45251(2022 £41511) was advanced to Oakryse Properties Limited ( 12895110) in which Mr C Mathias has 50% shareholding . Mathias Software received a loan of £10000 ( 2023 £10000) from Camdent Limited (09066476) which is wholly owned by Mrs A Mathias who is a Director of Mathias Software Limited. A loan was made to Mathias DC Limited14253170 in the sum of £342000 (2022 £15000) . This is a company controlled & owned fully by the Directors of Mathias Software Limited. This company also made a charge of £50000 (2022 £Nil) to Mathias Software for management services as part of its initial set up
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Average number of employees
During the year the average number of employees was 2 (2023: 2).