Company Registration No. 10787943 (England and Wales)
MATOOM LIMITED
Unaudited accounts
for the year ended 31 May 2024
MATOOM LIMITED
Unaudited accounts
Contents
MATOOM LIMITED
Company Information
for the year ended 31 May 2024
Company Number
10787943 (England and Wales)
Registered Office
12 GLOUCESTER ROAD
ROSS-ON-WYE
HR9 5BU
ENGLAND
Accountants
May Collis Accountants Limited
(Association of Accounting Technicians)
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
MATOOM LIMITED
Accountants' report
Accountants' report to the director of MATOOM LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
MATOOM LIMITED for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MATOOM LIMITED , as a body, in accordance with the terms of our engagement letter dated 3 October 2023. Our work has been undertaken solely to prepare for your approval the accounts of MATOOM LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MATOOM LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MATOOM LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of MATOOM LIMITED . You consider that MATOOM LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MATOOM 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 accounts.
May Collis Accountants Limited
(Association of Accounting Technicians)
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
26 February 2025
MATOOM LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
303
18,303
Cash at bank and in hand
35,816
28,844
Creditors: amounts falling due within one year
(24,871)
(12,554)
Net current assets
19,419
18,215
Called up share capital
1
1
Profit and loss account
19,721
36,517
Shareholders' funds
19,722
36,518
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 director acknowledges her 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 26 February 2025 and were signed on its behalf by
Sammy HERLIHY,
Director
Company Registration No. 10787943
MATOOM LIMITED
Notes to the Accounts
for the year ended 31 May 2024
MATOOM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10787943. The registered office is 12 GLOUCESTER ROAD, ROSS-ON-WYE, HR9 5BU, 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:
Plant & machinery
Straight line method 50%
Fixtures & fittings
Straight line method 50%
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
12,803
23,500
36,303
At 31 May 2024
12,803
23,500
36,303
At 1 June 2023
6,250
11,750
18,000
Charge for the year
6,250
11,750
18,000
At 31 May 2024
12,500
23,500
36,000
At 31 May 2023
6,553
11,750
18,303
Amounts falling due within one year
MATOOM LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,256
-
Loans from directors
20,360
10,005
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).