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Company Registration No. 12452313 (England and Wales)
Matrix 365 Limited Unaudited accounts for the year ended 29 February 2024
Matrix 365 Limited Unaudited accounts Contents
Page
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Matrix 365 Limited Company Information for the year ended 29 February 2024
Director
Sergiu Parascan
Company Number
12452313 (England and Wales)
Registered Office
39 INGLEDEW ROAD LONDON SE18 1AP ENGLAND
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Matrix 365 Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,870 
4,000 
Current assets
Debtors
107,002 
62,639 
Cash at bank and in hand
20,310 
15,329 
127,312 
77,968 
Creditors: amounts falling due within one year
(117,707)
(69,664)
Net current assets
9,605 
8,304 
Net assets
13,475 
12,304 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
13,474 
12,303 
Shareholders' funds
13,475 
12,304 
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 November 2024 and were signed on its behalf by
Sergiu Parascan Director Company Registration No. 12452313
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Matrix 365 Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Matrix 365 Limited is a private company, limited by shares, registered in England and Wales, registration number 12452313. The registered office is 39 INGLEDEW ROAD, LONDON, SE18 1AP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reduced balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
5,000 
- 
5,000 
Additions
- 
957 
957 
At 29 February 2024
5,000 
957 
5,957 
Depreciation
At 1 March 2023
1,000 
- 
1,000 
Charge for the year
800 
287 
1,087 
At 29 February 2024
1,800 
287 
2,087 
Net book value
At 29 February 2024
3,200 
670 
3,870 
At 28 February 2023
4,000 
- 
4,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
106,862 
62,496 
Amounts falling due after more than one year
Other debtors
140 
143 
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Matrix 365 Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
111,889 
62,496 
Taxes and social security
10,302 
7,220 
Other creditors
6,705 
6,370 
Loans from directors
(9,699)
(8,382)
Accruals
(1,490)
1,960 
117,707 
69,664 
7
Average number of employees
During the year the average number of employees was 15 (2023: 15).
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