Matrix Legal Support Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06531139 (England and Wales)

Financial Statements for the Year Ended 31 October 2019

for

MATRIX LEGAL SUPPORT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N Jones

REGISTERED OFFICE:

Temple Chambers

3-7 Temple Avenue

London

EC4Y 0DA

REGISTERED NUMBER:

06531139 (England and Wales)

ACCOUNTANTS:

BakerTW Limited

Chartered Certified Accountants

& Chartered Tax Advisers

Pantiles Chambers

85 High Street

Tunbridge Wells

Kent

TN1 1XP

CURRENT ASSETS

Debtors

4

57,521

29,444

Cash at bank and in hand

27,093

101,983

84,614

131,427

CREDITORS

Amounts falling due within one year

5

66,588

130,877

NET CURRENT ASSETS

18,026

550

TOTAL ASSETS LESS CURRENT LIABILITIES

18,026

550

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

18,025

549

SHAREHOLDERS' FUNDS

18,026

550

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 6 March 2020 and were signed by:

N Jones - Director

1.	STATUTORY INFORMATION

Matrix Legal Support Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

57,521

27,685

Other debtors

-

1,759

57,521

29,444

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

45,095

36,377

Amounts owed to group undertakings

14,000

94,000

Taxation and social security

6,993

-

Other creditors

500

500

66,588

130,877

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company is a whole owned subsidiary of Universa Law Limited. Transactions between group members are

on normal commercial terms.The ultimate controlling party is Mr P J J Cairaschi by virtue of his controlling

shareholding in the ultimate parent company, Universa Law Limited.