Company Registration No. 08429692 (England and Wales)
Materia Limited
Unaudited accounts
for the year ended 31 July 2024
Materia Limited
Unaudited accounts
Contents
Materia Limited
Company Information
for the year ended 31 July 2024
Directors
Mark Nicholson
Scott Nicholson
Company Number
08429692 (England and Wales)
Registered Office
Chamber Furniture
The Old Timber Yard
London Road, Halstead
Sevenoaks
Kent
TN14 7DZ
England
Materia Limited
Statement of financial position
as at 31 July 2024
Tangible assets
1,288,860
1,288,860
Net current assets
70,000
70,000
Total assets less current liabilities
1,368,863
1,368,863
Creditors: amounts falling due after more than one year
(388,860)
(388,860)
Net assets
980,003
980,003
Called up share capital
10,003
10,003
Profit and loss account
970,000
970,000
Shareholders' funds
980,003
980,003
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
Scott Nicholson
Director
Company Registration No. 08429692
Materia Limited
Notes to the Accounts
for the year ended 31 July 2024
Materia Limited is a private company, limited by shares, registered in England and Wales, registration number 08429692. The registered office is Chamber Furniture, The Old Timber Yard, London Road, Halstead, Sevenoaks, Kent, TN14 7DZ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
At 1 August 2023
1,288,860
5
Investments
Subsidiary undertakings
Valuation at 1 August 2023
10,003
Valuation at 31 July 2024
10,003
Materia Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
70,000
70,000
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
388,860
388,860
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).