IRIS Accounts Production v24.2.0.383 01277404 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012774042022-12-31012774042023-12-31012774042023-01-012023-12-31012774042021-12-31012774042022-01-012022-12-31012774042022-12-3101277404ns15:EnglandWales2023-01-012023-12-3101277404ns14:PoundSterling2023-01-012023-12-3101277404ns10:Director12023-01-012023-12-3101277404ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3101277404ns10:SmallEntities2023-01-012023-12-3101277404ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3101277404ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3101277404ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101277404ns10:FullAccounts2023-01-012023-12-3101277404ns10:CompanySecretary12023-01-012023-12-3101277404ns10:RegisteredOffice2023-01-012023-12-3101277404ns5:CurrentFinancialInstruments2023-12-3101277404ns5:CurrentFinancialInstruments2022-12-3101277404ns5:Non-currentFinancialInstruments2023-12-3101277404ns5:Non-currentFinancialInstruments2022-12-3101277404ns5:ShareCapital2023-12-3101277404ns5:ShareCapital2022-12-3101277404ns5:RetainedEarningsAccumulatedLosses2023-12-3101277404ns5:RetainedEarningsAccumulatedLosses2022-12-3101277404ns5:PlantMachinery2023-01-012023-12-3101277404ns5:MotorVehicles2023-01-012023-12-3101277404ns5:PlantMachinery2022-12-3101277404ns5:MotorVehicles2022-12-3101277404ns5:PlantMachinery2023-12-3101277404ns5:MotorVehicles2023-12-3101277404ns5:PlantMachinery2022-12-3101277404ns5:MotorVehicles2022-12-3101277404ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3101277404ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3101277404ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-12-3101277404ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-31
REGISTERED NUMBER: 01277404 (England and Wales)




Unaudited Financial Statements

for the Year Ended 31 December 2023

for

MULTIBETON LTD.
TRADING AS
RADIANT FLOOR SOLUTIONS

MULTIBETON LTD. (REGISTERED NUMBER: 01277404)
TRADING AS RADIANT FLOOR SOLUTIONS






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MULTIBETON LTD.
TRADING AS RADIANT FLOOR SOLUTIONS

Company Information
for the Year Ended 31 December 2023







DIRECTOR: W J Emmerson





SECRETARY: Mrs J Emmerson





REGISTERED OFFICE: 15 Oban Court
Hurricane Way
Wickford Business Park
Wickford Essex
SS11 8YB





REGISTERED NUMBER: 01277404 (England and Wales)





ACCOUNTANTS: Barnard Mountstephens Childs Limited
Chartered Certified Accountants
Victoria House
50 Alexandra Street
Southend-on-Sea
Essex
SS1 1BN

MULTIBETON LTD. (REGISTERED NUMBER: 01277404)
TRADING AS RADIANT FLOOR SOLUTIONS

Balance Sheet
31 December 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,711

CURRENT ASSETS
Stocks 94,058 80,487
Debtors 5 155,022 207,946
Cash at bank and in hand 62,120 2,064
311,200 290,497
CREDITORS
Amounts falling due within one year 6 67,356 90,240
NET CURRENT ASSETS 243,844 200,257
TOTAL ASSETS LESS CURRENT
LIABILITIES

243,844

202,968

CREDITORS
Amounts falling due after more than one
year

7

38,420

47,988
NET ASSETS 205,424 154,980

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 155,424 104,980
205,424 154,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MULTIBETON LTD. (REGISTERED NUMBER: 01277404)
TRADING AS RADIANT FLOOR SOLUTIONS

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2024 and were signed by:





W J Emmerson - Director


MULTIBETON LTD. (REGISTERED NUMBER: 01277404)
TRADING AS RADIANT FLOOR SOLUTIONS

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Multibeton Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

MULTIBETON LTD. (REGISTERED NUMBER: 01277404)
TRADING AS RADIANT FLOOR SOLUTIONS

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 59,150 41,730 100,880
DEPRECIATION
At 1 January 2023 59,150 39,019 98,169
Charge for year - 2,711 2,711
At 31 December 2023 59,150 41,730 100,880
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 - 2,711 2,711

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 149,762 203,939
Other debtors 3,111 3,111
VAT 2,149 896
155,022 207,946

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Bank loans and overdrafts 10,114 4,940
Trade creditors 34,460 62,368
Social security and other taxes 5,632 5,432
Other creditors 5,000 5,000
Directors' current accounts 10,000 10,000
Accrued expenses 2,150 2,500
67,356 90,240

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/12/22
£    £   
Bank loans 38,420 47,988