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REGISTERED NUMBER: 07152312 (England and Wales)















Matter Of Form Ltd

Unaudited Financial Statements for the Year Ended 31 December 2023






Matter Of Form Ltd (Registered number: 07152312)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


Matter Of Form Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A Sharma
F C Moore





REGISTERED OFFICE: Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD





REGISTERED NUMBER: 07152312 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Matter Of Form Ltd

The following reproduces the text of the report prepared for the directors 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 Directors 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 Matter Of Form Ltd for the year ended 31 December 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 Board of Directors of Matter Of Form Ltd, as a body, in accordance with the terms of our engagement letter dated 1 February 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Matter Of Form Ltd and state those matters that we have agreed to state to the Board of Directors of Matter Of Form Ltd, as a body, 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 Matter Of Form Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Matter Of Form 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 Matter Of Form Ltd. You consider that Matter Of Form 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 Matter Of Form 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.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


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

Matter Of Form Ltd (Registered number: 07152312)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 63,390 74,764
Investments 5 40,990 -
104,380 74,764

CURRENT ASSETS
Debtors 6 1,994,208 1,634,771
Cash at bank 64,943 99,053
2,059,151 1,733,824
CREDITORS
Amounts falling due within one year 7 2,677,186 2,392,979
NET CURRENT LIABILITIES (618,035 ) (659,155 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(513,655

)

(584,391

)

CREDITORS
Amounts falling due after more than one
year

8

(184,583

)

(279,583

)

PROVISIONS FOR LIABILITIES (9,937 ) (12,638 )
NET LIABILITIES (708,175 ) (876,612 )

CAPITAL AND RESERVES
Called up share capital 400 400
Share premium 24,900 24,900
Retained earnings (733,475 ) (901,912 )
(708,175 ) (876,612 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Matter Of Form Ltd (Registered number: 07152312)

Balance Sheet - continued
31 December 2023


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 17 July 2024 and were signed on its behalf by:





F C Moore - Director


Matter Of Form Ltd (Registered number: 07152312)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Matter Of Form 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.
Improvements to property - 33% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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.

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 34 (2022 - 48 ) .

Matter Of Form Ltd (Registered number: 07152312)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Long to and Computer
leasehold property fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 8,905 53,656 48,271 123,900 234,732
Additions - - 3,199 12,263 15,462
At 31 December 2023 8,905 53,656 51,470 136,163 250,194
DEPRECIATION
At 1 January 2023 - 27,088 36,514 96,366 159,968
Charge for year - 8,767 4,936 13,133 26,836
At 31 December 2023 - 35,855 41,450 109,499 186,804
NET BOOK VALUE
At 31 December 2023 8,905 17,801 10,020 26,664 63,390
At 31 December 2022 8,905 26,568 11,757 27,534 74,764

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 40,990
At 31 December 2023 40,990
NET BOOK VALUE
At 31 December 2023 40,990

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,411,732 1,040,903
Other debtors 115,553 233,954
VAT 29,482 -
Prepayments and accrued income 437,441 359,914
1,994,208 1,634,771

Matter Of Form Ltd (Registered number: 07152312)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 169,031 134,109
Trade creditors 818,369 560,342
Amounts owed to participating interests - 58,151
Social security and other taxes 317,755 383,231
VAT - 44,507
Other creditors 215,352 264,637
Directors' current accounts 334,951 269,462
Accruals and deferred income 821,728 678,540
2,677,186 2,392,979

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 2-5 years 184,583 279,583

9. RELATED PARTY DISCLOSURES

Included in Creditors is an amount due to a Director of the company. The amount due to Mr F Moore is £334,951 (2022: £258,509).

At 31st December 2023 Matter of Form Ltd was owed £106,013 (2022: £58,151 CREDITOR) from MOF Holdings Ltd (the Parent Company).

At 31st December 2023, there was nothing owing to or from Form Commerce Ltd (2022:26,725.38 DEBTOR)

10. ULTIMATE CONTROLLING PARTY

The company is controlled by MOF Holdings Limited which own 100% of the share capital.