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REGISTERED NUMBER: 07162003 (England and Wales)















MATRIX REIMPRINTING LTD

Unaudited Financial Statements for the Year Ended 28 February 2023






MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)






Contents of the Financial Statements
for the year ended 28 February 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


MATRIX REIMPRINTING LTD

Company Information
for the year ended 28 February 2023







Director: K Dawson





Registered office: 44 High Street
Feckenham
Worcestershire
B96 6HS





Registered number: 07162003 (England and Wales)





Accountants: Cooper Parry Advisory Limited
5-6 Greenfield Crescent
Edgbaston
Birmingham
West Midlands
B15 3BE

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Matrix Reimprinting Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Matrix Reimprinting Ltd for the year ended 28 February 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Matrix Reimprinting Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Matrix Reimprinting Ltd and state those matters that we have agreed to state to the director of Matrix Reimprinting Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Matrix Reimprinting Ltd and its director for our work or for this report.

It is your duty to ensure that Matrix Reimprinting Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Matrix Reimprinting Ltd. You consider that Matrix Reimprinting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Matrix Reimprinting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
5-6 Greenfield Crescent
Edgbaston
Birmingham
West Midlands
B15 3BE


Date: .............................................

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Balance Sheet
28 February 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,135 1,079
Investments 5 159,846 136,709
160,981 137,788

Current assets
Debtors 6 9,845 19,340
Cash at bank and in hand 18,702 16,009
28,547 35,349
Creditors
Amounts falling due within one year 7 8,739 7,565
Net current assets 19,808 27,784
Total assets less current liabilities 180,789 165,572

Creditors
Amounts falling due after more than one
year

8

(16,473

)

(20,000

)

Provisions for liabilities (12,319 ) (7,912 )
Net assets 151,997 137,660

Capital and reserves
Called up share capital 100 100
Fair value reserve 9 19,398 19,398
Retained earnings 132,499 118,162
Shareholders' funds 151,997 137,660

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Balance Sheet - continued
28 February 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





K Dawson - Director


MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Notes to the Financial Statements
for the year ended 28 February 2023

1. Statutory information

Matrix Reimprinting 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.

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 - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 March 2022 4,192
Additions 435
At 28 February 2023 4,627
Depreciation
At 1 March 2022 3,113
Charge for year 379
At 28 February 2023 3,492
Net book value
At 28 February 2023 1,135
At 28 February 2022 1,079

5. Fixed asset investments

Investments (neither listed nor unlisted) were as follows:
2023 2022
£ £
Other commodities 136,709 184,603
Revaluation in year 23,137 (47,894 )
159,846 136,709

6. Debtors: amounts falling due within one year
2023 2022
£ £
Directors' current accounts 9,845 19,340

7. Creditors: amounts falling due within one year
2023 2022
£ £
Tax 7,839 6,664
Accrued expenses 900 901
8,739 7,565

8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans - 1-2 years 16,473 20,000

9. Reserves
Fair value
reserve
£
At 1 March 2022
and 28 February 2023 19,398

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

10. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£ £
K Dawson
Balance outstanding at start of year 19,341 26,159
Amounts advanced - 33,402
Amounts repaid (9,495 ) (40,220 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,846 19,341

The Directors loan account was repaid within nine months of the year end by way of funds introduced personally by the company's director.