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Company Registration No. 13308090 (England and Wales)
Matrix Group 786 Ltd Unaudited accounts for the year ended 31 March 2024
Matrix Group 786 Ltd Unaudited accounts Contents
Page
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Matrix Group 786 Ltd Company Information for the year ended 31 March 2024
Director
MUSTAFA TAHMID CHOWDHURY
Company Number
13308090 (England and Wales)
Registered Office
44 Birmingham Road Sutton Coldfield Birmingham West Midlands B72 1QQ United Kingdom
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Matrix Group 786 Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
79,500 
95,090 
Current assets
Inventories
10,578 
7,111 
Debtors
28,957 
8,750 
Cash at bank and in hand
7,227 
8,317 
46,762 
24,178 
Creditors: amounts falling due within one year
(67,790)
(63,869)
Net current liabilities
(21,028)
(39,691)
Net assets
58,472 
55,399 
Capital and reserves
Share premium
2 
2 
Profit and loss account
58,470 
55,397 
Shareholders' funds
58,472 
55,399 
For the year ending 31 March 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 his 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 11 February 2025 and were signed on its behalf by
MUSTAFA TAHMID CHOWDHURY Director Company Registration No. 13308090
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Matrix Group 786 Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Matrix Group 786 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13308090. The registered office is 44 Birmingham Road, Sutton Coldfield, Birmingham, West Midlands, B72 1QQ, United Kingdom.
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.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
SL 15%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
103,930 
At 31 March 2024
103,930 
Depreciation
At 1 April 2023
8,840 
Charge for the year
15,590 
At 31 March 2024
24,430 
Net book value
At 31 March 2024
79,500 
At 31 March 2023
95,090 
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Matrix Group 786 Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,957 
- 
Other debtors
- 
8,750 
28,957 
8,750 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,626 
9,167 
Trade creditors
25,304 
26,304 
Taxes and social security
1,962 
- 
Other creditors
28,398 
28,398 
Accruals
2,500 
- 
67,790 
63,869 
7
Average number of employees
During the year the average number of employees was 0 (2023: 36).
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