Abbreviated Company Accounts - MATRIKS LIMITED

08410016 MATRIKS LIMITED 2014-03-31 false 2013-02-19 2014-03-31 true 08410016 2013-02-19 2014-03-31 08410016 2014-03-31 08410016 uk-gaap-cd-bus:Director1 2013-02-19 2014-03-31 08410016 uk-gaap-cd-bus:Director2 2013-02-19 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-19 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08410016

MATRIKS LIMITED

Abbreviated Accounts

31 March 2014

MATRIKS LIMITED Registered Number 08410016

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Fixed assets
Intangible assets	2	29,690
Tangible assets	3	2,135
		31,825
Current assets
Debtors		3,708
Cash at bank and in hand		3,989
		7,697
Creditors: amounts falling due within one year		(1,240)
Net current assets (liabilities)		6,457
Total assets less current liabilities		38,282
Creditors: amounts falling due after more than one year		(69,053)
Total net assets (liabilities)		(30,771)
Capital and reserves
Called up share capital	4	100
Profit and loss account		(30,871)
Shareholders' funds		(30,771)

For the year ending 31 March 2014 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.

Approved by the Board on 18 September 2014

And signed on their behalf by:
M J Kendall, Director

MATRIKS LIMITED Registered Number 08410016

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption is based on the continued support of its major creditors, shareholders and directors prior to trading income being received in the next 12 months.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 20% on cost

Intangible assets amortisation policy
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Development costs - Straight line over 10 years

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Intangible fixed assets

	£
Cost
Additions	31,268
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	31,268
Amortisation
Charge for the year	1,578
On disposals	-
At 31 March 2014	1,578
Net book values
At 31 March 2014	29,690

3Tangible fixed assets

	£
Cost
Additions	2,407
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	2,407
Depreciation
Charge for the year	272
On disposals	-
At 31 March 2014	272
Net book values
At 31 March 2014	2,135

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
100 Ordinary shares of £1 each	100