Company Registration No. 08967726 (England and Wales)
MULTIPLUS TAX SOLUTIONS LTD
Unaudited accounts
for the year ended 31 March 2024
MULTIPLUS TAX SOLUTIONS LTD
Unaudited accounts
Contents
MULTIPLUS TAX SOLUTIONS LTD
Company Information
for the year ended 31 March 2024
Company Number
08967726 (England and Wales)
Registered Office
Suite 1 Chantal House
13-17 High Beech Road
Loughton
Essex
IG10 4BN
MULTIPLUS TAX SOLUTIONS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
7,083
7,875
Cash at bank and in hand
16,222
25,831
Creditors: amounts falling due within one year
(19,189)
(30,153)
Net current assets
15,474
6,543
Called up share capital
100
100
Profit and loss account
22,457
14,318
Shareholders' funds
22,557
14,418
For the year ending 31 March 2024 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 21 September 2024 and were signed on its behalf by
Rana Saha
Director
Company Registration No. 08967726
MULTIPLUS TAX SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2024
MULTIPLUS TAX SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08967726. The registered office is Suite 1 Chantal House, 13-17 High Beech Road, Loughton, Essex, IG10 4BN.
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.
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
20% Reducing balance method
Computer equipment
20% Reducing balance method
Government grants in relation to coronavirus job retention scheme is credited to profit and loss account and recognised as income in the period when it became receivable.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,243
12,942
14,185
At 31 March 2024
1,243
13,921
15,164
At 1 April 2023
249
6,061
6,310
Charge for the year
199
1,572
1,771
At 31 March 2024
448
7,633
8,081
At 31 March 2024
795
6,288
7,083
At 31 March 2023
994
6,881
7,875
MULTIPLUS TAX SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
18,441
10,865
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,453
5,975
Proposed dividends
-
17,000
Loans from directors
2,335
1,158
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).