Company Registration No. 09615823 (England and Wales)
Matrix Simola Limited
Unaudited accounts
for the year ended 30 June 2021
Matrix Simola Limited
Unaudited accounts
Contents
Matrix Simola Limited
Company Information
for the year ended 30 June 2021
Directors
H P Greenwood
R J H Randall
D J G Royds
Company Number
09615823 (England and Wales)
Registered Office
Southdown Farm
Upland Lane
Liss
Hampshire
GU33 6NH
United Kingdom
Accountants
Lynash Limited
6 Ashwood
East Harptree
Bristol
BS40 6BW
Matrix Simola Limited
Statement of financial position
as at 30 June 2021
Tangible assets
100,800
153,509
Investment property
1,387,163
1,383,001
Cash at bank and in hand
8,679
386
Creditors: amounts falling due within one year
(604,720)
(512,014)
Net current liabilities
(596,041)
(511,628)
Net assets
891,922
1,024,882
Called up share capital
1,200,000
1,200,000
Profit and loss account
(308,078)
(175,118)
Shareholders' funds
891,922
1,024,882
For the year ending 30 June 2021 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 7 September 2021 and were signed on its behalf by
R J H Randall
Director
Company Registration No. 09615823
Matrix Simola Limited
Notes to the Accounts
for the year ended 30 June 2021
Matrix Simola Limited is a private company, limited by shares, registered in England and Wales, registration number 09615823. 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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
25% straight line
Matrix Simola Limited
Notes to the Accounts
for the year ended 30 June 2021
4
Tangible fixed assets
Plant & machinery
Charge for the year
54,910
Fair value at 1 July 2020
1,383,001
The investment property is recorded at historic cost
6
Creditors: amounts falling due within one year
2021
2020
Loans from directors
604,720
512,014
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
