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REGISTERED NUMBER: 04565239 (England and Wales)















Unaudited Financial Statements

for the period

1 March 2023 to 31 August 2024

for

MATRIX TECHNOLOGY LIMITED

MATRIX TECHNOLOGY LIMITED (REGISTERED NUMBER: 04565239)

Contents of the Financial Statements
for the period 1 March 2023 to 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

MATRIX TECHNOLOGY LIMITED

Company Information
for the period 1 March 2023 to 31 August 2024







Director: M O Coombs





Secretary: Mrs A E Coombs





Registered office: The Lodge
4A Upper Halliford Road
Shepperton
Middlesex
TW17 8RY





Registered number: 04565239 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Aissela
46 High Street
Esher
Surrey
KT10 9QY

MATRIX TECHNOLOGY LIMITED (REGISTERED NUMBER: 04565239)

Balance Sheet
31 August 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 382 760

Current assets
Debtors 5 1,652 38,906
Cash at bank - 356
1,652 39,262
Creditors
Amounts falling due within one year 6 13,035 36,788
Net current (liabilities)/assets (11,383 ) 2,474
Total assets less current liabilities (11,001 ) 3,234

Capital and reserves
Called up share capital 7 1,000 1,000
Retained earnings 8 (12,001 ) 2,234
Shareholders' funds (11,001 ) 3,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 January 2025 and were signed by:





M O Coombs - Director


MATRIX TECHNOLOGY LIMITED (REGISTERED NUMBER: 04565239)

Notes to the Financial Statements
for the period 1 March 2023 to 31 August 2024


1. Statutory information

Matrix Technology Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of 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 expectations of future events that are believed to be reasonable under the circumstances.

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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation
Taxation for the period comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

MATRIX TECHNOLOGY LIMITED (REGISTERED NUMBER: 04565239)

Notes to the Financial Statements - continued
for the period 1 March 2023 to 31 August 2024


3. Employees and directors

The average number of employees during the period was NIL (2023 - NIL).

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 March 2023
and 31 August 2024 17,565 2,303 19,868
Depreciation
At 1 March 2023 17,055 2,053 19,108
Charge for period 191 187 378
At 31 August 2024 17,246 2,240 19,486
Net book value
At 31 August 2024 319 63 382
At 28 February 2023 510 250 760

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors - 38,906
VAT 1,652 -
1,652 38,906

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 6 -
Trade creditors - 6
VAT - 2,218
Directors' current accounts 11,278 32,963
Accrued expenses 1,751 1,601
13,035 36,788

MATRIX TECHNOLOGY LIMITED (REGISTERED NUMBER: 04565239)

Notes to the Financial Statements - continued
for the period 1 March 2023 to 31 August 2024


7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
900 Ordinary (A) 1 100 100
100 Ordinary (B) 1 900 900
1,000 1,000

8. Reserves
Retained
earnings
£

At 1 March 2023 2,234
Deficit for the period (14,235 )
At 31 August 2024 (12,001 )

Accountants' Report to the Director
on the Unaudited Financial Statements of
Matrix Technology Limited


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 Technology Limited for the period ended 31 August 2024 which comprise the Profit and Loss Account, 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 Technology Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Matrix Technology Limited and state those matters that we have agreed to state to the director of Matrix Technology Limited 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 Technology Limited 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 loss of Matrix Technology Limited. You consider that Matrix Technology Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Matrix Technology Limited. 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
Aissela
46 High Street
Esher
Surrey
KT10 9QY


13 January 2025