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Company Registration No. 12010220 (England and Wales)
Multiverse Preston Ltd Unaudited accounts for the year ended 31 May 2023
Multiverse Preston Ltd Unaudited accounts Contents
Page
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Multiverse Preston Ltd Company Information for the year ended 31 May 2023
Director
Samir Patel
Company Number
12010220 (England and Wales)
Registered Office
NINJA ADVENTURE, 1E FISHWICK PARK MERCER STREET PRESTON LANCASHIRE PR1 4LQ UNITED KINGDOM
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Multiverse Preston Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
67,396 
84,245 
Current assets
Cash at bank and in hand
18,862 
31,537 
Creditors: amounts falling due within one year
(6,137)
(5,349)
Net current assets
12,725 
26,188 
Total assets less current liabilities
80,121 
110,433 
Creditors: amounts falling due after more than one year
(98,772)
(157,218)
Net liabilities
(18,651)
(46,785)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(18,751)
(46,885)
Shareholders' funds
(18,651)
(46,785)
For the year ending 31 May 2023 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 16 March 2024 and were signed on its behalf by
Samir Patel Director Company Registration No. 12010220
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Multiverse Preston Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Multiverse Preston Ltd is a private company, limited by shares, registered in England and Wales, registration number 12010220. The registered office is NINJA ADVENTURE, 1E FISHWICK PARK, MERCER STREET, PRESTON, LANCASHIRE, PR1 4LQ, 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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2022
161,633 
At 31 May 2023
161,633 
Depreciation
At 1 June 2022
77,388 
Charge for the year
16,849 
At 31 May 2023
94,237 
Net book value
At 31 May 2023
67,396 
At 31 May 2022
84,245 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
600 
500 
Loans from directors
5,537 
4,849 
6,137 
5,349 
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Multiverse Preston Ltd Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
31,472 
39,918 
Other creditors
67,300 
117,300 
98,772 
157,218 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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