REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 June 2023 to 31 August 2024 |
for |
Multi Plastic Fabrications Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 June 2023 to 31 August 2024 |
for |
Multi Plastic Fabrications Limited |
Multi Plastic Fabrications Limited (Registered number: 08548954) |
Contents of the Financial Statements |
for the Period 1 June 2023 to 31 August 2024 |
Page |
Balance Sheet | 1 |
Multi Plastic Fabrications Limited (Registered number: 08548954) |
Balance Sheet |
31 August 2024 |
2024 | 2023 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
PREPAYMENTS AND ACCRUED INCOME |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
ACCRUALS AND DEFERRED INCOME |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Multi Plastic Fabrications Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the period was |
Multi Plastic Fabrications Limited (Registered number: 08548954) |
Balance Sheet - continued |
31 August 2024 |
NOTES TO THE FINANCIAL STATEMENTS |
3. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 31 August 2024 and the year ended 31 May 2023: |
2024 | 2023 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
Interest was charged on the loan at a rate of 2.25% per annum from the start of the financial year end Aug 2024. Interest totalled £1,867 (2023 - £1,860) for the financial year. This is included within "Other interest received" in the profit and loss. |
The loan is unsecured and repayable on demand. |
4. | OTHER FINANCIAL COMMITMENTS |
There were no financial commitments, contingencies or guarantees made on behalf of the director. |
5. | OFF-BALANCE SHEET ARRANGEMENTS |
There were no off-balance sheet arrangements at the financial year end. |
5. | CESSATION |
The company ceased to trade on 31 August 2024. With this, the accounts have been prepared on a break up basis instead of the going concern basis and the director has firmly decided to move the company towards liquidation. As a result, all debtors and creditors are expected to be settled within twelve months and so are presented as current as opposed to non-current and have been valued at net realisible as opposed to amortised cost, with impairments considered. |
Multi Plastic Fabrications Limited (Registered number: 08548954) |
Balance Sheet - continued |
31 August 2024 |
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 were approved by the director and authorised for issue on |