Registered number
11885465
RegenerativeMatrix Limited
Filleted Accounts
28 February 2025
RegenerativeMatrix Limited
Registered number: 11885465
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 764 764
Current assets
Debtors 5 10,051 3,936
Cash at bank 77,063 50,141
87,114 54,077
Creditors: amounts falling due within one year 6 (9,420) (14,030)
Net current assets 77,694 40,047
Net assets 78,458 40,811
Capital and reserves
Called up share capital 1 1
Profit and loss account 78,457 40,810
Shareholder's funds 78,458 40,811
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr V di Nicola
Director
Approved by the board on 4 June 2025
RegenerativeMatrix Limited
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of medical consultancy services. Turnover from the rendering of medical consultancy services is recognised at the end of the month when the work has been done.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Intangible fixed assets £
Goodwill:
Cost
At 1 March 2024 764
At 28 February 2025 764
Amortisation
At 28 February 2025 -
Net book value
At 28 February 2025 764
At 29 February 2024 764
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2024 1,347
At 28 February 2025 1,347
Depreciation
At 1 March 2024 1,347
At 28 February 2025 1,347
Net book value
At 28 February 2025 -
5 Debtors 2025 2024
£ £
Trade debtors 10,051 3,936
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 24 37
Taxation and social security costs 9,396 7,009
Other creditors - 6,984
9,420 14,030
7 Other information
RegenerativeMatrix Limited is a private company limited by shares and incorporated in England. Its registered office is:
Flat 4, Lomas Court
43A Wordsworth Road
Worthing
West Sussex
BN11 3JB
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