Company Registration No. 10226858 (England and Wales)
MATRIX ADVISORY LIMITED
Unaudited accounts
for the year ended 30 June 2024
MATRIX ADVISORY LIMITED
Unaudited accounts
Contents
MATRIX ADVISORY LIMITED
Company Information
for the year ended 30 June 2024
Directors
Janak Dhimantlal Sanghvi
Priti Janak Sanghvi
Company Number
10226858 (England and Wales)
Registered Office
34, Becquerel Court
West Parkside
London
SE10 0QQ
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
MATRIX ADVISORY LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
1,581
3,303
Cash at bank and in hand
143
136
Creditors: amounts falling due within one year
(27,994)
(19,681)
Net current liabilities
(27,608)
(19,107)
Net liabilities
(26,027)
(15,804)
Called up share capital
100
100
Profit and loss account
(26,127)
(15,904)
Shareholders' funds
(26,027)
(15,804)
For the year ending 30 June 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 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 of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by
Janak Dhimantlal Sanghvi
Director
Company Registration No. 10226858
MATRIX ADVISORY LIMITED
Notes to the Accounts
for the year ended 30 June 2024
MATRIX ADVISORY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10226858. The registered office is 34, Becquerel Court, West Parkside, London, SE10 0QQ.
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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on cost using the straight line method.
Fixtures & fittings
33.33% on cost using the straight line method.
The financial statements have been prepared on a going concern basis due to continued support of its directors and shareholders.
MATRIX ADVISORY LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
12,678
2,452
15,130
Disposals
-
(2,452)
(2,452)
At 30 June 2024
12,678
-
12,678
At 1 July 2023
9,375
2,452
11,827
Charge for the year
1,722
-
1,722
On disposals
-
(2,452)
(2,452)
At 30 June 2024
11,097
-
11,097
At 30 June 2024
1,581
-
1,581
At 30 June 2023
3,303
-
3,303
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
27,994
19,681
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).