Matrix Property Management Limited

Matrix Property Management Limited

MATRIX PROPERTY MANAGEMENT LIMITED - Company Information

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1 July 2020 false No description of principal activity Taxfiler 2021.22.2 03601751business:PrivateLimitedCompanyLtd2020-07-012021-06-30 036017512020-06-30 036017512020-07-012021-06-30 03601751business:AuditExemptWithAccountantsReport2020-07-012021-06-30 03601751business:FullAccounts2020-07-012021-06-30 036017512021-06-30 03601751business:Director12020-07-012021-06-30 03601751business:Director32020-07-012021-06-30 03601751business:RegisteredOffice2020-07-012021-06-30 036017512020-06-30 03601751core:WithinOneYear2021-06-30 03601751core:WithinOneYear2020-06-30 03601751core:ShareCapital2021-06-30 03601751core:ShareCapital2020-06-30 03601751core:RetainedEarningsAccumulatedLosses2021-06-30 03601751core:RetainedEarningsAccumulatedLosses2020-06-30 03601751business:SmallEntities2020-07-012021-06-30 03601751countries:EnglandWales2020-07-012021-06-30 03601751core:PlantMachinery2020-07-012021-06-30 03601751core:MotorVehicles2020-07-012021-06-30 03601751core:ComputerEquipment2020-07-012021-06-30 03601751core:PlantMachinery2020-06-30 03601751core:MotorVehicles2020-06-30 03601751core:ComputerEquipment2020-06-30 03601751core:PlantMachinery2021-06-30 03601751core:MotorVehicles2021-06-30 03601751core:ComputerEquipment2021-06-30 036017512019-07-012020-06-30 iso4217:GBP xbrli:pure
Company Registration No. 03601751 (England and Wales)
Matrix Property Management Limited Unaudited accounts for the year ended 30 June 2021
Matrix Property Management Limited Unaudited accounts Contents
Page
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Matrix Property Management Limited Company Information for the year ended 30 June 2021
Directors
Robert Randall Peter Bax
Company Number
03601751 (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
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Matrix Property Management Limited Statement of financial position as at 30 June 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
100,825 
44,032 
Investments
5
1 
1 
100,826 
44,033 
Current assets
Debtors
6
5,700 
65,502 
Cash at bank and in hand
456,169 
414,919 
461,869 
480,421 
Creditors: amounts falling due within one year
7
(243,158)
(366,369)
Net current assets
218,711 
114,052 
Net assets
319,537 
158,085 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
319,437 
157,985 
Shareholders' funds
319,537 
158,085 
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 24 February 2022 and were signed on its behalf by
Robert Randall Director Company Registration No. 03601751
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Matrix Property Management Limited Notes to the Accounts for the year ended 30 June 2021
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 2020
26,500 
105,008 
8,324 
139,832 
Additions
3,006 
83,100 
- 
86,106 
Disposals
- 
(71,733)
- 
(71,733)
At 30 June 2021
29,506 
116,375 
8,324 
154,205 
Depreciation
At 1 July 2020
15,646 
74,240 
5,914 
95,800 
Charge for the year
2,197 
25,451 
1,665 
29,313 
On disposals
- 
(71,733)
- 
(71,733)
At 30 June 2021
17,843 
27,958 
7,579 
53,380 
Net book value
At 30 June 2021
11,663 
88,417 
745 
100,825 
At 30 June 2020
10,854 
30,768 
2,410 
44,032 
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Matrix Property Management Limited Notes to the Accounts for the year ended 30 June 2021
5
Investments
Other investments 
£ 
Valuation at 1 July 2020
1 
Valuation at 30 June 2021
1 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Accrued income and prepayments
- 
42,303 
Other debtors
5,700 
23,199 
5,700 
65,502 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
22,202 
28,715 
Trade creditors
1 
1 
Taxes and social security
23,455 
- 
Other creditors
197,500 
337,653 
243,158 
366,369 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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