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REGISTERED NUMBER: 07162003 (England and Wales)















MATRIX REIMPRINTING LTD

Unaudited Financial Statements for the Year Ended 29 February 2024






MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


MATRIX REIMPRINTING LTD

Company Information
for the year ended 29 February 2024







Director: K Dawson





Registered office: 44 High Street
Feckenham
Worcestershire
B96 6HS





Registered number: 07162003 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
4th Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

Accountants' Report to the Director
on the Unaudited Financial Statements of
Matrix Reimprinting Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 Matrix Reimprinting Ltd for the year ended 29 February 2024 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.

This report is made solely to the director of Matrix Reimprinting Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Matrix Reimprinting Ltd and state those matters that we have agreed to state to the director of Matrix Reimprinting Ltd in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Matrix Reimprinting 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 Matrix Reimprinting Ltd. You consider that Matrix Reimprinting 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 Matrix Reimprinting 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.






Cooper Parry Advisory Limited
CUBO Birmingham
4th Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX


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

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Balance Sheet
29 February 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,151 1,135
Investments 5 185,131 159,846
186,282 160,981

Current assets
Debtors 6 - 9,845
Cash at bank and in hand 15,745 18,702
15,745 28,547
Creditors
Amounts falling due within one year 7 17,358 8,739
Net current (liabilities)/assets (1,613 ) 19,808
Total assets less current liabilities 184,669 180,789

Creditors
Amounts falling due after more than one year 8 (12,946 ) (16,473 )

Provisions for liabilities (19,156 ) (12,319 )
Net assets 152,567 151,997

Capital and reserves
Called up share capital 100 100
Fair value reserve 9 19,398 19,398
Retained earnings 133,069 132,499
Shareholders' funds 152,567 151,997

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Balance Sheet - continued
29 February 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 November 2024 and were signed by:





K Dawson - Director


MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Notes to the Financial Statements
for the year ended 29 February 2024

1. Statutory information

Matrix Reimprinting 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.
Plant and machinery etc - 25% on reducing balance

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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 March 2023 4,627
Additions 399
At 29 February 2024 5,026
Depreciation
At 1 March 2023 3,492
Charge for year 383
At 29 February 2024 3,875
Net book value
At 29 February 2024 1,151
At 28 February 2023 1,135

5. Fixed asset investments

Investments (neither listed nor unlisted) were as follows:
2024 2023
£ £
Other commodities 173,360 136,709
Revaluation in year 11,771 23,137
185,131 159,846

6. Debtors: amounts falling due within one year
2024 2023
£ £
Directors' current accounts - 9,845

7. Creditors: amounts falling due within one year
2024 2023
£ £
Amounts owed to group undertakings 4,872 -
Tax 8,590 7,839
Directors' current accounts 2,574 -
Accrued expenses 1,322 900
17,358 8,739

8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans - 1-2 years 12,946 16,473

MATRIX REIMPRINTING LTD (REGISTERED NUMBER: 07162003)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

9. Reserves
Fair value
reserve
£
At 1 March 2023
and 29 February 2024 19,398

10. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£ £
K Dawson
Balance outstanding at start of year 9,846 19,341
Amounts advanced 79,800 -
Amounts repaid (92,220 ) (9,495 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,574 ) 9,846