MATRIX CONSULTING (UK) LTD

Company Registration Number:
07012514 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

MATRIX CONSULTING (UK) LTD

Abbreviated Balance sheet

As at 31 March 2016


Notes

2016
£

2015
£
Fixed assets
Tangible assets: 2 10,488 13,960
Total fixed assets: 10,488 13,960
Current assets
Cash at bank and in hand: 4,450 3,644
Total current assets: 4,450 3,644
Creditors: amounts falling due within one year: ( 1,056 )
Net current assets (liabilities): 3,394 3,644
Total assets less current liabilities: 13,882 17,604
Creditors: amounts falling due after more than one year: 3 ( 31,335 ) ( 39,396 )
Total net assets (liabilities): ( 17,453 ) ( 21,792 )

The notes form part of these financial statements

MATRIX CONSULTING (UK) LTD

Balance sheet continued

As at 31 March 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 4 1 1
Profit and loss account: ( 17,454 ) ( 21,793 )
Shareholders funds: ( 17,453 ) ( 21,792 )

For the year ending 31 March 2016 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 03 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Richard Thorby
Status: Director

The notes form part of these financial statements

MATRIX CONSULTING (UK) LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The Financial Statements have been prepared under the historical cost convention in accordance with the Financial Reporting Standards for Smaller Entities

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of consulting services supplied during the year, exclusive of Value Added Tax

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write down the value of each assets over its estimated useful life:
    Fixture & Fittings - 10% on cost
    Office Furniture - 20% on cost

MATRIX CONSULTING (UK) LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 24,666
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 24,666
    Depreciation
    01 April 2015: 10,706
    Charge for year: 3,472
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 14,178
    Net book value
    31 March 2016: 10,488
    31 March 2015: 13,960

MATRIX CONSULTING (UK) LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Creditors: amounts falling due after more than one year

    Shareholder loans totalling £31335 (2015:£39396) are interest free and have been subordinated in favour of the claims of other creditors, for as long as the liabilities of the company, exceed its assets.

MATRIX CONSULTING (UK) LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1

MATRIX CONSULTING (UK) LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 5. Related party disclosures

    Additional information

    During the year the company paid fees for consulting services to Richard Thorby, a director of the company, totalling £3700 (2015:£9950)