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Company Registration No. 11965604 (England and Wales)
Matz92 Ltd Unaudited accounts for the year ended 30 April 2024
Matz92 Ltd Unaudited accounts Contents
Page
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Matz92 Ltd Company Information for the year ended 30 April 2024
Director
M Cioflinca
Company Number
11965604 (England and Wales)
Registered Office
208 Ings Lane Rochdale OL12 7LD England
Accountants
Summed Up Accountancy Services 74 Ashton Road Failsworth Manchester M35 9WL
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Matz92 Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
32,301 
30,253 
Cash at bank and in hand
8 
5 
32,309 
30,258 
Creditors: amounts falling due within one year
(16,928)
(17,808)
Net current assets
15,381 
12,450 
Total assets less current liabilities
15,381 
12,450 
Creditors: amounts falling due after more than one year
(11,596)
(11,596)
Net assets
3,785 
854 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,784 
853 
Shareholders' funds
3,785 
854 
For the year ending 30 April 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 28 April 2025 and were signed on its behalf by
M Cioflinca Director Company Registration No. 11965604
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Matz92 Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Matz92 Ltd is a private company, limited by shares, registered in England and Wales, registration number 11965604. The registered office is 208 Ings Lane, Rochdale, OL12 7LD, 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.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,218 
381 
Other debtors
30,083 
29,872 
32,301 
30,253 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,063 
4,063 
VAT
822 
1,437 
Taxes and social security
10,523 
11,163 
Accruals
1,520 
1,145 
16,928 
17,808 
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Matz92 Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,596 
11,596 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
M Cioflinca
Directors loan account
14,690 
30,720 
29,739 
15,671 
14,690 
30,720 
29,739 
15,671 
The maximum directors loan account balance during the year was £36,941. Material advances and credits included dividends, payroll credits and cash drawings/payments. Directors loans were repaid with taxable income within 9 months of the year end.
8
Transactions with related parties
Directors' loans are repayable on demand. Interest is charged on balances over £10,000 at HMRC's official rate.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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