Registration number: 06239845

Matrix IT Consultancy Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Matrix IT Consultancy Ltd

(Registration number: 06239845)
Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	2,907	3,605
Current assets
Debtors	6	192,338	181,101
Cash at bank and in hand		29,403	27,523
		221,741	208,624
Creditors: Amounts falling due within one year	7	(51,773)	(38,993)
Net current assets		169,968	169,631
Total assets less current liabilities		172,875	173,236
Provisions for liabilities		(552)	(685)
Net assets		172,323	172,551
Capital and reserves
Called up share capital		100	100
Retained earnings		172,223	172,451
Shareholders' funds		172,323	172,551

Matrix IT Consultancy Ltd

(Registration number: 06239845)
Balance Sheet as at 31 May 2025

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 December 2025 and signed on its behalf by:
 

......................................... H A Segre Director

Matrix IT Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Briar Cottage
Chapel Lane
Curridge
Thatcham
Berkshire
RG18 9DX
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of IT consultancy services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Matrix IT Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% of net book value
Motor Vehicles	25% of net book value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for IT consultancy services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Taxation

	2025		2024
	£		£
Corporation tax	36,671		27,692
Deferred tax	(133)		(143)
	36,538		27,549

4	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Matrix IT Consultancy Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

5	Tangible assets

	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 June 2024	5,917	14,995	20,912
Additions	250	-	250
At 31 May 2025	6,167	14,995	21,162
Depreciation
At 1 June 2024	5,425	11,882	17,307
Charge for the year	170	778	948
At 31 May 2025	5,595	12,660	18,255
Carrying amount
At 31 May 2025	572	2,335	2,907
At 31 May 2024	492	3,113	3,605

6

Debtors

Current	2025 £	2024 £
Trade debtors	24,660	15,120
Other debtors	167,678	165,981
	192,338	181,101

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	624	600
Taxation and social security	51,149	38,393
	51,773	38,993