Notes to the financial statements
For the year ended 31 May 2023
Multihog Limited is a private company limited by shares with a registered address at Collingam House, 6-12 Gladstone Road, Wimbledon, London, United Kingdom, SW19 1QT.
2.Accounting policies
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).
The financial statements are presented in Sterling (£), which is the functional currency of the Company.
These financial statements have been prepared in accordance with applicable accounting standards, including Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006.
|
Judgments in applying accounting policies and key sources of estimation uncertainty
|
Preparation of the financial statements required management to make significant judgements and estimates. As this is a dormant company, management have not been required to make significant judgements and/or estimates.
|
The Company has no employees other than the directors, who did not receive any remuneration (2022: £Nil).
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
|
|
|
|
1 (2022 - 1) ordinary share of £1.00
|
|
|
Page 4
|