Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10775576 Mr Yogesh Thakar Mrs Sangita Thakar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10775576 2023-05-31 10775576 2024-05-31 10775576 2023-06-01 2024-05-31 10775576 frs-core:FurnitureFittings 2024-05-31 10775576 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10775576 frs-core:FurnitureFittings 2023-05-31 10775576 frs-core:InvestmentPropertyIncludedWithinPPE 2024-05-31 10775576 frs-core:InvestmentPropertyIncludedWithinPPE 2023-06-01 2024-05-31 10775576 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-31 10775576 frs-core:ShareCapital 2024-05-31 10775576 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10775576 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10775576 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10775576 frs-bus:SmallEntities 2023-06-01 2024-05-31 10775576 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10775576 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10775576 frs-bus:Director1 2023-06-01 2024-05-31 10775576 frs-bus:Director2 2023-06-01 2024-05-31 10775576 frs-countries:EnglandWales 2023-06-01 2024-05-31 10775576 2022-05-31 10775576 2023-05-31 10775576 2022-06-01 2023-05-31 10775576 frs-core:ShareCapital 2023-05-31 10775576 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10775576
Matrix View Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10775576
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 158 15,197
158 15,197
CURRENT ASSETS
Cash at bank and in hand 3,958 6,265
3,958 6,265
Creditors: Amounts Falling Due Within One Year 5 (126,333 ) (180,016 )
NET CURRENT ASSETS (LIABILITIES) (122,375 ) (173,751 )
TOTAL ASSETS LESS CURRENT LIABILITIES (122,217 ) (158,554 )
NET LIABILITIES (122,217 ) (158,554 )
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account (122,219 ) (158,556 )
SHAREHOLDERS' FUNDS (122,217) (158,554)
Page 1
Page 2
For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Yogesh Thakar
Director
24 February 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Matrix View Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10775576 . The registered office is 337 Tildesley Road, London, SW15 3BB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and other similar allowances.
 Turnover arises from the collection of rental income receivable.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20%
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 15,000 480 15,480
Additions 48,375 - 48,375
Disposals (63,375 ) - (63,375 )
As at 31 May 2024 - 480 480
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 June 2023 - 283 283
Provided during the period - 39 39
As at 31 May 2024 - 322 322
Net Book Value
As at 31 May 2024 - 158 158
As at 1 June 2023 15,000 197 15,197
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 126,333 180,016
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4