IRIS Accounts Production v24.3.2.46 08533235 Board of Directors Board of Directors 1.6.23 31.5.24 31.5.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085332352023-05-31085332352024-05-31085332352023-06-012024-05-31085332352022-05-31085332352022-06-012023-05-31085332352023-05-3108533235ns15:EnglandWales2023-06-012024-05-3108533235ns14:PoundSterling2023-06-012024-05-3108533235ns10:Director12023-06-012024-05-3108533235ns10:Director22023-06-012024-05-3108533235ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108533235ns10:SmallEntities2023-06-012024-05-3108533235ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108533235ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108533235ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108533235ns10:AbridgedAccounts2023-06-012024-05-3108533235ns10:CompanySecretary12023-06-012024-05-3108533235ns10:RegisteredOffice2023-06-012024-05-3108533235ns5:CurrentFinancialInstruments2024-05-3108533235ns5:CurrentFinancialInstruments2023-05-3108533235ns5:Non-currentFinancialInstruments2024-05-3108533235ns5:Non-currentFinancialInstruments2023-05-3108533235ns5:ShareCapital2024-05-3108533235ns5:ShareCapital2023-05-3108533235ns5:RetainedEarningsAccumulatedLosses2024-05-3108533235ns5:RetainedEarningsAccumulatedLosses2023-05-3108533235ns5:FurnitureFittings2023-06-012024-05-3108533235ns5:ComputerEquipment2023-06-012024-05-3108533235ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-05-3108533235ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-05-31
REGISTERED NUMBER: 08533235 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

MAT Resolutions Limited

MAT Resolutions Limited (Registered number: 08533235)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


MAT Resolutions Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs P A Aynsley
M A Aynsley





SECRETARY: Carrington-may Limited





REGISTERED OFFICE: 31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW





REGISTERED NUMBER: 08533235 (England and Wales)





ACCOUNTANTS: Carrington-May
Chartered Certified Accountants
31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW

MAT Resolutions Limited (Registered number: 08533235)

Abridged Statement of Financial Position
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 385 495

CURRENT ASSETS
Debtors 5 35,550 47,150
Cash at bank 2,629 1,472
38,179 48,622
CREDITORS
Amounts falling due within one year 16,372 25,459
NET CURRENT ASSETS 21,807 23,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,192

23,658

CREDITORS
Amounts falling due after more than one
year

(12,116

)

(14,595

)

PROVISIONS FOR LIABILITIES (73 ) (94 )
NET ASSETS 10,003 8,969

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,903 8,869
SHAREHOLDERS' FUNDS 10,003 8,969

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MAT Resolutions Limited (Registered number: 08533235)

Abridged Statement of Financial Position - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 February 2025 and were signed on its behalf by:




M A Aynsley - Director



Mrs P A Aynsley - Director


MAT Resolutions Limited (Registered number: 08533235)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

MAT Resolutions 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.

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.

The directors have considered the future cash flow and profitability of the business and consider that the going concern basis of preparation to be appropriate.

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 - 20% on cost
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2023 - 1 ).

MAT Resolutions Limited (Registered number: 08533235)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 9,481
DEPRECIATION
At 1 June 2023 8,986
Charge for year 110
At 31 May 2024 9,096
NET BOOK VALUE
At 31 May 2024 385
At 31 May 2023 495

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other debtors 33,750 33,750

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the sum of £13,134 (2023 - £21,720) is owed to the directors. £21,720 is the maximum amount outstanding . No interest has been paid or accrued on the sum outstanding.