QUATRIX LTD

Company Registration Number:
08778504 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

QUATRIX LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

QUATRIX LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 22,838 17,790
Investments:   0 0
Total fixed assets: 22,839 17,791
Current assets
Stocks: 174,528 139,777
Debtors:   231,193 352,188
Cash at bank and in hand: 598,858 338,242
Investments:   0 0
Total current assets: 1,004,579 830,207
Creditors: amounts falling due within one year: 5 (651,283) (498,248)
Net current assets (liabilities): 353,296 331,959
Total assets less current liabilities: 376,135 349,750
Creditors: amounts falling due after more than one year: 6 (14,167) (24,166)
Provision for liabilities: (2,533) (2,533)
Total net assets (liabilities): 359,435 323,051
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 359,433 323,049
Shareholders funds: 359,435 323,051

The notes form part of these financial statements

QUATRIX LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 September 2024
and signed on behalf of the board by:

Name: Mr Steven Wheat
Status: Director

The notes form part of these financial statements

QUATRIX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

QUATRIX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 8 8

QUATRIX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 1
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 1
Amortisation
At 01 January 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2023 0
Net book value
At 31 December 2023 1
At 31 December 2022 1

QUATRIX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 46,277
Additions 10,201
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 56,478
Depreciation
At 01 January 2023 28,487
Charge for year 5,153
On disposals 0
Other adjustments 0
At 31 December 2023 33,640
Net book value
At 31 December 2023 22,838
At 31 December 2022 17,790

QUATRIX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Bank Overdrafts of £NIL (2022 - £NIL) are secured by the company . An amount of £10,000 relates to a portion of a Covid Bounceback Loan repayable within one year Aldermore Bank PLC holds a fixed and floating charge over all the assets of the company

QUATRIX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

The amount of £14,166 (2022 - £24,167) relates to am portion of a Covid Bounceback Loan (repayable over five(5) years) that is due after more than one year . Repayments commenced in June 2021.

QUATRIX LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Financial commitments

The company has future operating lease commitments of £49,818 (£33,060 due within one (1) year and £16,759 due within two (2) to five (5) years .