MATRIX ARCHITECTURAL IRONMONGERY LIMITED

Company Registration Number:
04298687 (England and Wales)

Unaudited abridged accounts for the year ended 29 September 2024

Period of accounts

Start date: 01 October 2023

End date: 29 September 2024

MATRIX ARCHITECTURAL IRONMONGERY LIMITED

Contents of the Financial Statements

for the Period Ended 29 September 2024

Balance sheet
Notes

MATRIX ARCHITECTURAL IRONMONGERY LIMITED

Balance sheet

As at 29 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 45,849 6,775
Total fixed assets: 45,849 6,775
Current assets
Stocks: 277,749 179,993
Debtors:   1,409,089 895,201
Cash at bank and in hand: 453,280 848,048
Total current assets: 2,140,118 1,923,242
Creditors: amounts falling due within one year:   (1,162,500) (1,047,329)
Net current assets (liabilities): 977,618 875,913
Total assets less current liabilities: 1,023,467 882,688
Creditors: amounts falling due after more than one year:   (7,335) (17,404)
Total net assets (liabilities): 1,016,132 865,284
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,016,032 865,184
Shareholders funds: 1,016,132 865,284

The notes form part of these financial statements

MATRIX ARCHITECTURAL IRONMONGERY LIMITED

Balance sheet statements

For the year ending 29 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 June 2025
and signed on behalf of the board by:

Name: Christopher Butler
Status: Director

The notes form part of these financial statements

MATRIX ARCHITECTURAL IRONMONGERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue is recognised when the goods are delivered or the service is performed to the extent that it is probable that economic benefits will flow into the company and excludes value added tax

Tangible fixed assets and depreciation policy

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Office equipment - 25% straight line method Motor vehicles - 20% reducing balance method

Valuation and information policy

Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. Inventories held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of inventories over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in the income statement

MATRIX ARCHITECTURAL IRONMONGERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 September 2024

2. Employees

2024 2023
Average number of employees during the period 26 26

MATRIX ARCHITECTURAL IRONMONGERY LIMITED

Notes to the Financial Statements

for the Period Ended 29 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 66,844
Additions 52,702
Disposals (39,691)
At 29 September 2024 79,855
Depreciation
At 01 October 2023 60,069
Charge for year 13,628
On disposals (39,691)
At 29 September 2024 34,006
Net book value
At 29 September 2024 45,849
At 30 September 2023 6,775