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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
Page
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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
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MATRIX ADVISORY LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,581 
3,303 
Current assets
Debtors
243 
438 
Cash at bank and in hand
143 
136 
386 
574 
Creditors: amounts falling due within one year
(27,994)
(19,681)
Net current liabilities
(27,608)
(19,107)
Net liabilities
(26,027)
(15,804)
Capital and reserves
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
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MATRIX ADVISORY LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Going concern
The financial statements have been prepared on a going concern basis due to continued support of its directors and shareholders.
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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 
Depreciation
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 
Net book value
At 30 June 2024
1,581 
- 
1,581 
At 30 June 2023
3,303 
- 
3,303 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
243 
438 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
27,994 
19,681 
7
Share capital
2024 
2023 
£ 
£ 
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).
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