2024-01-01 2024-12-31 false No description of principal activity Capium Accounts Production 1.1 12411002 2024-01-01 2024-12-31 12411002 bus:FullAccounts 2024-01-01 2024-12-31 12411002 bus:FRS102 2024-01-01 2024-12-31 12411002 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12411002 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12411002 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12411002 2024-01-01 2024-12-31 12411002 2024-12-31 12411002 bus:RegisteredOffice 2024-01-01 2024-12-31 12411002 core:WithinOneYear 2024-12-31 12411002 core:AfterOneYear 2024-12-31 12411002 1 2024-01-01 2024-12-31 12411002 bus:Director1 2024-01-01 2024-12-31 12411002 bus:Director1 2024-12-31 12411002 bus:Director1 2023-01-01 2023-12-31 12411002 bus:Director2 2024-01-01 2024-12-31 12411002 bus:Director2 2024-12-31 12411002 bus:Director2 2023-01-01 2023-12-31 12411002 2023-01-01 12411002 bus:LeadAgentIfApplicable 2024-01-01 2024-12-31 12411002 2023-01-01 2023-12-31 12411002 2023-12-31 12411002 core:WithinOneYear 2023-12-31 12411002 core:AfterOneYear 2023-12-31 12411002 bus:EntityAccountantsOrAuditors 2023-01-01 2023-12-31 12411002 core:MotorCars 2024-01-01 2024-12-31 12411002 core:MotorCars 2024-12-31 12411002 core:MotorCars 2023-12-31 12411002 core:ComputerEquipment 2024-01-01 2024-12-31 12411002 core:ComputerEquipment 2024-12-31 12411002 core:ComputerEquipment 2023-12-31 12411002 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-12-31 12411002 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 12411002 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 12411002 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 12411002 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 12411002 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 12411002 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 12411002 core:Non-currentFinancialInstruments 2024-12-31 12411002 core:Non-currentFinancialInstruments 2023-12-31 12411002 core:ShareCapital 2024-12-31 12411002 core:ShareCapital 2023-12-31 12411002 core:RetainedEarningsAccumulatedLosses 2024-12-31 12411002 core:RetainedEarningsAccumulatedLosses 2023-12-31 12411002 dpl:Item1 2024-01-01 12411002 dpl:Item1 2024-12-31 12411002 dpl:Item1 2023-01-01 12411002 dpl:Item1 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12411002


 

 

 


Unaudited Financial Statements


for the year ended 31 December 2024

for

MATRIX HAIR AND BEAUTY ACADEMY LTD

 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Tangible fixed assets 3 43,738    60,973 
Investments -    25,500 
43,738    86,473 
Current assets      
Debtors 4 28,743    22,793 
Cash at bank and in hand 127,339    72,071 
156,082    94,864 
Creditors: amount falling due within one year 5 (52,052)   (57,488)
Net current assets 104,030    37,376 
 
Total assets less current liabilities 147,768    123,849 
Creditors: amount falling due after more than one year 6 (129,865)   (51,947)
Provisions for liabilities 7 (10,962)   (106)
Net assets 6,941    71,796 
 

Capital and reserves 		     
Called up share capital 100    100 
Profit and loss account 6,841    71,696 
Shareholders' funds 6,941    71,796 
 


For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.
The financial statements were approved by the board of directors on 15 September 2025 and were signed on its behalf by:


-------------------------------
Mr Kyle Worster
Director
1
General Information
MATRIX HAIR AND BEAUTY ACADEMY LTD is a private company, limited by shares, registered in , registration number 12411002, registration address 13 THE CLOSE, NORWICH, NR1 4DS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Computer Equipment   Total
  £   £   £
At 01 January 2024 59,090    19,181    78,271 
Additions -    1,694    1,694 
Disposals -    -    - 
At 31 December 2024 59,090    20,875    79,965 
Depreciation
At 01 January 2024 4,924    12,374    17,298 
Charge for year 14,773    4,156    18,929 
On disposals -    -    - 
At 31 December 2024 19,697    16,530    36,227 
Net book values
Closing balance as at 31 December 2024 39,393    4,345    43,738 
Opening balance as at 01 January 2024 54,166    6,807    60,973 


4.

Debtors: amounts falling due within one year

2024
£		   2023
£
Trade Debtors 28,072    5,810 
Amount Owed by Group Undertakings -    (25,709)
Prepayments & Accrued Income 231    598 
Other Debtors 440    - 
Directors' Current Accounts -    42,094 
28,743    22,793 

5.

Creditors: amount falling due within one year

2024
£		   2023
£
Trade Creditors 3,227    1,576 
Bank Loans & Overdrafts 9,096    4,043 
Corporation Tax 1,245    23,490 
PAYE & Social Security 1,327    1,638 
Accrued Expenses -    6,388 
Other Creditors -    90 
Obligations under HP/Financial Leases 8,992    8,992 
Wages & Salaries Control Account -    3,113 
Directors' Current Accounts 21,329    - 
VAT 6,836    8,158 
52,052    57,488 

6.

Creditors: amount falling due after more than one year

2024
£		   2023
£
Bank Loans & Overdrafts 96,007    9,096 
Obligations Under HP/Financial Leases 33,858    42,851 
129,865    51,947 

7.

Provisions for liabilities

2024
£		   2023
£
Deferred Tax 106    106 
Charged to Profit & Loss 10,828    - 
Pension Provisions 28    - 
10,962    106 

2