Company registration number 14895059 (England and Wales)
Multi North Ltd
UNAUDITED FINANCIAL STATEMENTS
for the period ended 31 May 2024
PAGES FOR FILING WITH REGISTRAR
Multi North Ltd
Contents
Page
Statement of financial position
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
Multi North Ltd
Statement Of Financial Position
as at 31 May 2024
- 1 -
2024
Notes
£
£
Fixed assets
Investments
3
960,000
Current assets
-
Creditors: amounts falling due within one year
(959,900)
Net current liabilities
(959,900)
Net assets
100
Capital and reserves
Called up share capital
4
100
For the financial period ended 31 May 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 of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 12 February 2025
A Gilmore
Director
Company registration number 14895059 (England and Wales)
Multi North Ltd
Statement Of Changes In Equity
for the period ended 31 May 2024
- 2 -
Share capital
Notes
£
Balance at 25 May 2023
Period ended 31 May 2024:
Profit and total comprehensive income
-
Issue of share capital
4
100
Balance at 31 May 2024
100
Multi North Ltd
Notes to the financial statements
for the period ended 31 May 2024
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Fixed asset investments
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
Number
Total
3
Fixed asset investments
2024
£
Shares in group undertakings and participating interests
960,000
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 25 May 2023
-
Additions
960,000
At 31 May 2024
960,000
Carrying amount
At 31 May 2024
960,000
Multi North Ltd
Notes to the financial statements (continued)
for the period ended 31 May 2024
- 4 -
4
Called up share capital
2024
2024
Ordinary share capital
Number
£
Issued and fully paid
A Ordinary shares of £1 each
100
100
5
Company information
Multi North Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.