Registered number
13496165
Multithread Holdings Limited
Filleted Accounts
30 June 2024
Multithread Holdings Limited
Registered number: 13496165
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 4,097,034 4,099,534
Current assets
Debtors 4 100 100
Creditors: amounts falling due within one year 5 (487,417) (472,403)
Net current liabilities (487,317) (472,303)
Total assets less current liabilities 3,609,717 3,627,231
Creditors: amounts falling due after more than one year 6 (266,995) (734,975)
Net assets 3,342,722 2,892,256
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,342,622 2,892,156
Shareholders' funds 3,342,722 2,892,256
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Kinnersley
Director
Approved by the board on 21 March 2025
Multithread Holdings Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments in subsidiary undertakings
Investments in subsidiaries are shown at cost less provision for impairment.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 July 2023 4,099,534
Disposals (2,500)
At 30 June 2024 4,097,034
4 Debtors 2024 2023
£ £
Other debtors 100 100
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 487,417 472,403
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 266,995 734,975
Included in other creditors are loans of £734,975 (2023: £1,202,955) which are secured by a charge over the share capital of Multithread Consultants Limited, a wholly owned subsidiary of the company.
7 Other information
Multithread Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is:
8 Williamsport Way
Lion Barn Industrial Estate
Needham Market
IP6 8RW
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