Company Registration No. 12844080 (England and Wales)
MATRIX SAFETY TRAINING LTD
Unaudited accounts
for the year ended 31 August 2024
MATRIX SAFETY TRAINING LTD
Unaudited accounts
Contents
MATRIX SAFETY TRAINING LTD
Company Information
for the year ended 31 August 2024
Company Number
12844080 (England and Wales)
Registered Office
Unit 2
Greenline Business Park
Wellington Street
Burton-on-Trent
DE14 2AS
United Kingdom
MATRIX SAFETY TRAINING LTD
Statement of financial position
as at 31 August 2024
Tangible assets
5,829
7,772
Cash at bank and in hand
2,002
442
Creditors: amounts falling due within one year
(67,638)
(53,461)
Net current liabilities
(45,880)
(38,616)
Net liabilities
(40,051)
(30,844)
Called up share capital
100
100
Profit and loss account
(40,151)
(30,944)
Shareholders' funds
(40,051)
(30,844)
For the year ending 31 August 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 29 May 2025 and were signed on its behalf by
Darren Clover
Director
Company Registration No. 12844080
MATRIX SAFETY TRAINING LTD
Notes to the Accounts
for the year ended 31 August 2024
MATRIX SAFETY TRAINING LTD is a private company, limited by shares, registered in England and Wales, registration number 12844080. The registered office is Unit 2, Greenline Business Park, Wellington Street, Burton-on-Trent, DE14 2AS, United Kingdom.
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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:
Motor vehicles
25 % reducing balance
Computer equipment
33% reducing balance
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
8,000
1,620
9,620
At 31 August 2024
8,000
1,620
9,620
At 1 September 2023
1,313
535
1,848
Charge for the year
1,672
271
1,943
At 31 August 2024
2,985
806
3,791
At 31 August 2024
5,015
814
5,829
At 31 August 2023
6,687
1,085
7,772
MATRIX SAFETY TRAINING LTD
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
18,956
14,403
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,488
15,863
Trade creditors
4,247
7,788
Taxes and social security
5,031
4,575
Other creditors
22,218
11,101
Loans from directors
12,546
9,833
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Transactions with related parties
Other creditors include a loan of £18,261 from Blue Cucumber Tours LTD and a £1,500 loan from Mrs S Clover - both connected to the director D Clover
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Average number of employees
During the year the average number of employees was 4 (2023: 4).