Matrix-IFS UK Ltd Filleted Accounts Cover |
Company No. 08232268 | |||||||||
Matrix-IFS UK Ltd Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 December 2023. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
N. Brenner | |||||||||
M. Gutman | |||||||||
Reappointment of auditors | |||||||||
The auditors Gordon Levy Limited are deemed to be reappointed under section 487(2) of the Companies Act 2006. | |||||||||
Signed on behalf of the board | |||||||||
N. Brenner | |||||||||
Director | |||||||||
16 October 2024 |
Matrix-IFS UK Ltd Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2023 | 2022 | |||||||
£ | £ | |||||||||
Current assets | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 5 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 6 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 16 October 2024 and signed on its behalf by: | ||||||||||
N. Brenner | ||||||||||
Director | ||||||||||
16 October 2024 |
Matrix-IFS UK Ltd Notes to the Accounts Registrar |
for the year ended 31 December 2023 | ||||||||||||||
1 | General information | |||||||||||||
Matrix-IFS UK Ltd is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 08232268 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Taxation | ||||||||||||||
The deferred taxation asset is provided for loss relief as yet unused and is adjusted annually to recognise the movement in taxation. | ||||||||||||||
Foreign currencies | ||||||||||||||
Defined contribution pensions | ||||||||||||||
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. | ||||||||||||||
Going concern | ||||||||||||||
The accounts are prepared on a going concern basis. The company’s ability to meet its future working capital requirements and therefore continue as a going concern is dependent on it being able to generate future revenues and free cash flow. The directors consider the going concern basis to be prudent given the company's positive net asset position, and range of proposed expenditure, the business is well placed to operate within its existing cash resources. | ||||||||||||||
Judgements and key sources of estimation uncertainty | ||||||||||||||
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including the expectations of future events that are believed to be reasonable under the circumstances. | ||||||||||||||
3 | Employees | |||||||||||||
2023 | 2022 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Debtors | |||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Amounts owed by group undertakings | ||||||||||||||
VAT recoverable | ||||||||||||||
Other debtors | ||||||||||||||
Prepayments and accrued income | ||||||||||||||
5 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Trade creditors | ||||||||||||||
Amounts owed to group undertakings | ||||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
6 | Reserves | |||||||||||||
7 | Related party disclosures | |||||||||||||
Transactions with related parties | ||||||||||||||
The company has taken advantage of the exemption available according to FRS 102 1A "Related party disclosure" not to disclose transactions entered into between two or more members of a group that are wholly owned. | ||||||||||||||
Parent Company | ||||||||||||||
The name of the parent of the smallest group for which consolidated financial statements are drawn up of which this entity is a member: | ||||||||||||||
Matrix Ltd | ||||||||||||||
The parent's registered office address is: | ||||||||||||||
Abba Eban Blvd 3 | ||||||||||||||
Hertzliya | ||||||||||||||
Israel | ||||||||||||||
8 | Audit of the accounts | |||||||||||||
Unqualified | ||||||||||||||
The auditors were: | Gordon Levy Limited | |||||||||||||
The senior statutory auditor was: | Gordon Levy BA, FCA | |||||||||||||