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Company Registration No. 11247257 (England and Wales)
Multiply Accountancy Limited Unaudited accounts for the year ended 31 December 2023
Multiply Accountancy Limited Unaudited accounts Contents
Page
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Multiply Accountancy Limited Company Information for the year ended 31 December 2023
Directors
Chris Conway James Moggeridge
Company Number
11247257 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ United Kingdom
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Multiply Accountancy Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,081 
10,944 
Investments
333 
333 
9,414 
11,277 
Current assets
Debtors
338,356 
156,977 
Cash at bank and in hand
88,162 
211,454 
426,518 
368,431 
Creditors: amounts falling due within one year
(214,352)
(178,389)
Net current assets
212,166 
190,042 
Total assets less current liabilities
221,580 
201,319 
Creditors: amounts falling due after more than one year
(14,788)
(24,899)
Net assets
206,792 
176,420 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
206,788 
176,416 
Shareholders' funds
206,792 
176,420 
For the year ending 31 December 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 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 11 September 2024 and were signed on its behalf by
James Moggeridge Director Company Registration No. 11247257
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Multiply Accountancy Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Multiply Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 11247257. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, 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:
Fixtures & fittings
3-4 years straight line
Computer equipment
3-4 years straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover
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 rendering of services is recognised by reference to the stage of completion of the work engaged.
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Multiply Accountancy Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
2,615 
22,701 
25,316 
Additions
1,614 
4,812 
6,426 
At 31 December 2023
4,229 
27,513 
31,742 
Depreciation
At 1 January 2023
1,871 
12,501 
14,372 
Charge for the year
960 
7,329 
8,289 
At 31 December 2023
2,831 
19,830 
22,661 
Net book value
At 31 December 2023
1,398 
7,683 
9,081 
At 31 December 2022
744 
10,200 
10,944 
5
Investments
Other investments 
£ 
Valuation at 1 January 2023
333 
Valuation at 31 December 2023
333 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
64,216 
42,049 
Amounts due from group undertakings etc.
207,100 
- 
Accrued income and prepayments
66,537 
44,878 
Other debtors
503 
70,050 
338,356 
156,977 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,140 
9,890 
Trade creditors
3,744 
4,788 
Taxes and social security
174,467 
135,651 
Loans from directors
6,486 
22,038 
Accruals
19,515 
6,022 
214,352 
178,389 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,788 
24,899 
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Multiply Accountancy Limited Notes to the Accounts for the year ended 31 December 2023
9
Average number of employees
During the year the average number of employees was 14 (2022: 12).
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