Company Registration No. 08820592 (England and Wales)
MULTILAYER TECH LIMITED
Unaudited accounts
for the year ended 31 December 2022
MULTILAYER TECH LIMITED
Unaudited accounts
Contents
MULTILAYER TECH LIMITED
Company Information
for the year ended 31 December 2022
Company Number
08820592 (England and Wales)
Registered Office
71 Clarkson Court
Hatfield
Hertfordshire
AL10 9GW
Accountants
Olaando Consulting Ltd
7 Bell Yard
London
WC2A 2JR
MULTILAYER TECH LIMITED
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
565
19,344
Creditors: amounts falling due within one year
(5,494)
(8,094)
Net current assets
1,716
19,871
Total assets less current liabilities
1,716
19,871
Creditors: amounts falling due after more than one year
(14,389)
(29,406)
Net liabilities
(12,673)
(9,535)
Called up share capital
500
500
Profit and loss account
(13,173)
(10,035)
Shareholders' funds
(12,673)
(9,535)
For the year ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 30 September 2023 and were signed on its behalf by
Abdullahi Bello
Director
Company Registration No. 08820592
MULTILAYER TECH LIMITED
Notes to the Accounts
for the year ended 31 December 2022
MULTILAYER TECH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08820592. The registered office is 71 Clarkson Court, Hatfield, Hertfordshire, AL10 9GW .
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
5,244
7,594
6
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
500 Ordinary shares of £1 each
500
500
MULTILAYER TECH LIMITED
Notes to the Accounts
for the year ended 31 December 2022
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).