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REGISTERED NUMBER: 00580914 (England and Wales)
























MULTIBENDS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






MULTIBENDS LIMITED (REGISTERED NUMBER: 00580914)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MULTIBENDS LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTOR: R J Cowlard





SECRETARY: C C Ashfield





REGISTERED OFFICE: Unit 7 Beaver Industrial Estate
Midhurst Road
Liphook
Hampshire
GU30 7EU





REGISTERED NUMBER: 00580914 (England and Wales)





ACCOUNTANTS: The Accounting Bureau Ltd
87 North Road
Poole
Dorset
BH14 0LT

MULTIBENDS LIMITED (REGISTERED NUMBER: 00580914)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,505 38,877

CURRENT ASSETS
Stocks 15,269 19,772
Debtors 5 32,943 53,678
Cash at bank 123,734 129,246
171,946 202,696
CREDITORS
Amounts falling due within one year 6 88,841 136,417
NET CURRENT ASSETS 83,105 66,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,610

105,156

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 90,560 105,106
SHAREHOLDERS' FUNDS 90,610 105,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 21 October 2024 and were signed by:





R J Cowlard - Director


MULTIBENDS LIMITED (REGISTERED NUMBER: 00580914)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Multibends Limited 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

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 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2023 43,613 15,284 55,034 113,931
Disposals - - (32,539 ) (32,539 )
At 30 September 2024 43,613 15,284 22,495 81,392
DEPRECIATION
At 1 October 2023 38,243 13,643 23,168 75,054
Charge for year 1,348 410 - 1,758
Eliminated on disposal - - (2,925 ) (2,925 )
At 30 September 2024 39,591 14,053 20,243 73,887
NET BOOK VALUE
At 30 September 2024 4,022 1,231 2,252 7,505
At 30 September 2023 5,370 1,641 31,866 38,877

MULTIBENDS LIMITED (REGISTERED NUMBER: 00580914)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,026 43,359
Other debtors 10,917 10,319
32,943 53,678

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 26,617 36,464
Trade creditors 36,569 41,037
Taxation and social security 25,655 42,072
Other creditors - 16,844
88,841 136,417