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REGISTERED NUMBER: 02724582 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

TECHNOLOGY MATTERS LIMITED

TECHNOLOGY MATTERS LIMITED (REGISTERED NUMBER: 02724582)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TECHNOLOGY MATTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Mrs S J Messenger
D L X Messenger





REGISTERED OFFICE: 26 Arthur Road
Horsham
West Sussex
RH13 5BQ





REGISTERED NUMBER: 02724582 (England and Wales)





ACCOUNTANTS: Galloways Accounting
First Floor
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY

TECHNOLOGY MATTERS LIMITED (REGISTERED NUMBER: 02724582)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 445 1,306

CURRENT ASSETS
Stocks 20,600 4,725
Debtors 5 622 6,497
Cash at bank 57,436 66,018
78,658 77,240
CREDITORS
Amounts falling due within one year 6 30,976 32,761
NET CURRENT ASSETS 47,682 44,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,127

45,785

CAPITAL AND RESERVES
Called up share capital 180 180
Retained earnings 47,947 45,605
48,127 45,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 7 February 2024 and were signed on its behalf by:





D L X Messenger - Director


TECHNOLOGY MATTERS LIMITED (REGISTERED NUMBER: 02724582)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Technology Matters Limited 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.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 434 18,908 19,342
Disposals (434 ) (13,922 ) (14,356 )
At 30 June 2023 - 4,986 4,986
DEPRECIATION
At 1 July 2022 434 17,602 18,036
Charge for year - 861 861
Eliminated on disposal (434 ) (13,922 ) (14,356 )
At 30 June 2023 - 4,541 4,541
NET BOOK VALUE
At 30 June 2023 - 445 445
At 30 June 2022 - 1,306 1,306

TECHNOLOGY MATTERS LIMITED (REGISTERED NUMBER: 02724582)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors - 5,880
Prepayments 622 617
622 6,497

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 33 52
Tax 15,216 17,775
Social security and other taxes 260 219
VAT 11,480 11,287
Directors' current accounts 2,624 2,185
Accrued expenses 1,363 1,243
30,976 32,761