Company Registration No. 03601751 (England and Wales)
Matrix Property Management Limited
Unaudited accounts
for the year ended 30 June 2020
Matrix Property Management Limited
Unaudited accounts
Contents
Matrix Property Management Limited
Company Information
for the year ended 30 June 2020
Directors
Robert Randall
Peter Bax
Company Number
03601751 (England and Wales)
Registered Office
Southdown Farm
Upland Lane
Liss
Hampshire
GU33 6NH
United Kingdom
Matrix Property Management Limited
Statement of financial position
as at 30 June 2020
Tangible assets
44,032
17,643
Cash at bank and in hand
414,919
77,656
Creditors: amounts falling due within one year
(366,369)
(140,976)
Net current assets
114,052
5,146
Total assets less current liabilities
158,085
22,790
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
157,985
19,338
Shareholders' funds
158,085
19,438
For the year ending 30 June 2020 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2020 and were signed on its behalf by
Robert Randall
Director
Company Registration No. 03601751
Matrix Property Management Limited
Notes to the Accounts
for the year ended 30 June 2020
Matrix Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 03601751. The registered office is Southdown Farm, Upland Lane, Liss, Hampshire, GU33 6NH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on cost
Computer equipment
20% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2019
26,500
71,733
8,324
106,557
Additions
-
33,275
-
33,275
At 30 June 2020
26,500
105,008
8,324
139,832
At 1 July 2019
12,932
71,733
4,249
88,914
Charge for the year
2,714
2,507
1,665
6,886
At 30 June 2020
15,646
74,240
5,914
95,800
At 30 June 2020
10,854
30,768
2,410
44,032
At 30 June 2019
13,568
-
4,075
17,643
Matrix Property Management Limited
Notes to the Accounts
for the year ended 30 June 2020
5
Investments
Other investments
Valuation at 1 July 2019
1
Valuation at 30 June 2020
1
Accrued income and prepayments
42,303
42,303
Other debtors
23,199
26,163
7
Creditors: amounts falling due within one year
2020
2019
Other creditors
337,653
136,176
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
