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Registered number: 10099654
Matrix Business Group Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Matrix Business Group Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Matrix Business Group Limited
Statement of Financial Position
As At 30 April 2025
Statement of Financial Position
Registered number: 10099654

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investments | 4 |  | 100 |  | 100
|  |  | 100 |  | 100
CURRENT ASSETS
Debtors | 5 | 10,044 |  | 6,795 |
Cash at bank and in hand |  | 260 |  | 1 |
|  | 10,304 |  | 6,796 |
Creditors: Amounts Falling Due Within One Year | 6 | (787 ) |  | (750 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 9,517 |  | 6,046
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 9,617 |  | 6,146
NET ASSETS |  |  | 9,617 |  | 6,146
CAPITAL AND RESERVES
Called up share capital | 7 |  | 684 |  | 720
Share premium account |  |  | 8,316 |  | 8,316
Capital redemption reserve |  |  | 272 |  | 236
Income Statement |  |  | 345 |  | (3,126 )
SHAREHOLDERS' FUNDS |  |  | 9,617 |  | 6,146

Page 1
Page 2
Matrix Business Group Limited
Statement of Financial Position (continued)
As At 30 April 2025
For the year ending 30 April 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board

J N Cronin Director
24 September 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Matrix Business Group Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Matrix Business Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10099654 . The registered office is Main Barn, Cams Hall Estate, Fareham, Hampshire, PO16 8UT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Exemption from preparing consolidated financial statements
The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.
2.2. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
Matrix Business Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.4. Investments
Investments in subsidiaries are measured at cost less accumulated impairment.
Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.
2.5. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Investments

| Subsidiaries
--- | ---
| £
Cost
As at 1 May 2024 | 100
As at 30 April 2025 | 100
Provision
As at 1 May 2024 | -
As at 30 April 2025 | -
Net Book Value
As at 30 April 2025 | 100
As at 1 May 2024 | 100

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | 10,044 |  | 6,795

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 787 |  | 750

Page 4
Page 5
Matrix Business Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
43,200 Ordinary A shares of £ 0.01 each | 432 |  | 432
7,200 Ordinary G1 shares of £ 0.01 each | 72 |  | 72
3,600 Ordinary G2 shares of £ 0.01 each | 36 |  | 36
3,600 Ordinary G3 shares of £ 0.01 each | 36 |  | 36
7,200 Ordinary G4 shares of £ 0.01 each | 72 |  | 72
3,600 Ordinary G5 shares of £ 0.01 each | 36 |  | 72
| 684 |  | 720

Shares disposed during the period: | £
3,600 Ordinary G5 shares of £ 36.00 each | (36)

The above listed share classes all rank pari passu in all respects, with the exception of Ordinary G2 and Ordinary G3 shares.
During the year the company purchased and cancelled 3,600 Ordinary G5 shares of £0.01 each for a total consideration of £31,742 funded from distributable profits.
8. Related Party Transactions
The Company has taken advantage of the exemption in FRS 102 Section 33.1A to not disclose transactions with wholly owned group entities.
9. Ultimate Controlling Party
The ultimate controlling party is J N Cronin, by virtue of his shareholding.
Page 5