Matrix Global Sourcing Ltd |
Registered number: |
05450049 |
Balance Sheet |
as at 31 May 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
528 |
|
|
235 |
|
Current assets |
Debtors |
4 |
|
511 |
|
|
345 |
|
Creditors: amounts falling due within one year |
5 |
|
(67,750) |
|
|
(63,561) |
|
Net current liabilities |
|
|
|
(67,239) |
|
|
(63,216) |
|
Net liabilities |
|
|
|
(66,711) |
|
|
(62,981) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(66,811) |
|
|
(63,081) |
|
Shareholder's funds |
|
|
|
(66,711) |
|
|
(62,981) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
W Waite |
Director |
Approved by the board on 5 February 2024 |
|
Matrix Global Sourcing Ltd |
Notes to the Accounts |
for the year ended 31 May 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Fixtures and Fittings |
|
Office Equipment |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 June 2022 |
317 |
|
1,532 |
|
1,849 |
|
Additions |
- |
|
422 |
|
422 |
|
At 31 May 2023 |
317 |
|
1,954 |
|
2,271 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2022 |
288 |
|
1,326 |
|
1,614 |
|
Charge for the year |
4 |
|
125 |
|
129 |
|
At 31 May 2023 |
292 |
|
1,451 |
|
1,743 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2023 |
25 |
|
503 |
|
528 |
|
At 31 May 2022 |
29 |
|
206 |
|
235 |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Trade debtors |
313 |
|
345 |
|
VAT |
|
|
|
|
198 |
|
- |
|
|
|
|
|
|
511 |
|
345 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans and overdrafts |
6,148 |
|
6,633 |
|
Trade creditors |
1,450 |
|
1,194 |
|
Accruals |
|
|
|
|
580 |
|
560 |
|
VAT |
- |
|
201 |
|
Director's Current Account |
59,572 |
|
54,973 |
|
|
|
|
|
|
67,750 |
|
63,561 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
Matrix Global Sourcing Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
127 Monkswell House |
|
Manse Lane |
|
Knaresborough |
|
HG5 8NQ |