Matrix ABC Limited - Filleted accounts

Registered number

04278771

Matrix ABC Limited

Unaudited Filleted Accounts

31 August 2025

Matrix ABC Limited
Registered number:		04278771
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		112,343			93,624

Current assets
Debtors	4	127,447			118,313
Cash at bank and in hand		205,361			177,022
		332,808			295,335

Creditors: amounts falling due within one year	5	(86,401)			(85,121)

Net current assets			246,407			210,214

Total assets less current liabilities			358,750			303,838


Provisions for liabilities			(21,345)			(17,789)


Net assets			337,405			286,049

Capital and reserves
Allotted called up and fully paid share capital			45			45
Capital redemption reserve			45			45
Profit and loss account			337,315			285,959

Shareholder's funds			337,405			286,049

The directors are 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 directors acknowledge their 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.




Benjamin Anthony Howe
Director
Approved by the board on 20 October 2025

Matrix ABC Limited
Notes to the Accounts
for the year ended 31 August 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	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:

	Plant and machinery			20% straight line
	Motor vehicles			25% straight line

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		7


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 September 2024			78,693		102,410		181,103
	Additions			3,976		69,044		73,020
	Disposals			(29,646)		(47,594)		(77,240)
	At 31 August 2025			53,023		123,860		176,883

	Depreciation
	At 1 September 2024			51,421		36,058		87,479
	Charge for the year			8,183		22,811		30,994
	On disposals			(29,545)		(24,388)		(53,933)
	At 31 August 2025			30,059		34,481		64,540

	Net book value
	At 31 August 2025			22,964		89,379		112,343
	At 31 August 2024			27,272		66,352		93,624


4	Debtors					2025		2024
£							£

	Trade debtors					77,369		76,515
	Other debtors					50,078		41,798
						127,447		118,313


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					1,824		1,037
	Taxation and social security costs					56,976		55,185
	Other creditors					27,601		28,899
						86,401		85,121


6	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					9,347		13,544


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Benjamin Anthony Howe
	Interest free with no fixed terms for repayment.	5,999		24,000		(27,500)		2,499

		5,999		24,000		(27,500)		2,499


8	Other information

	Matrix ABC Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Cavendish House
	St Andrews Court
	Leeds
	LS3 1JY