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REGISTERED NUMBER: 03109710








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MULTI DESIGN SERVICES LTD

MULTI DESIGN SERVICES LTD (REGISTERED NUMBER: 03109710)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024




Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3

Notes to the financial statements 4


MULTI DESIGN SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2024







DIRECTORS: K R Sang
Mrs J F Sang





SECRETARY: Mrs J F Sang





REGISTERED OFFICE: 41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX





REGISTERED NUMBER: 03109710





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
MULTI DESIGN SERVICES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Multi Design Services Ltd for the year ended 31 December 2024 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Multi Design Services Ltd, as a body, in accordance with the terms of our engagement letter dated 28 January 2005. Our work has been undertaken solely to prepare for your approval the financial statements of Multi Design Services Ltd and state those matters that we have agreed to state to the Board of Directors of Multi Design Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Multi Design Services Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Multi Design Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Multi Design Services Ltd. You consider that Multi Design Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Multi Design Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX


Date: .............................................

MULTI DESIGN SERVICES LTD (REGISTERED NUMBER: 03109710)

STATEMENT OF FINANCIAL POSITION
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 2,000 3,000
Tangible assets 5 2,569 4,149
4,569 7,149

CURRENT ASSETS
Debtors 6 6,879 5,355
Cash at bank 53,971 50,142
60,850 55,497
CREDITORS
Amounts falling due within one year 7 41,106 40,560
NET CURRENT ASSETS 19,744 14,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,313

22,086

PROVISIONS FOR LIABILITIES 643 1,037
NET ASSETS 23,670 21,049

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 23,660 21,039
SHAREHOLDERS' FUNDS 23,670 21,049

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





K R Sang - Director


MULTI DESIGN SERVICES LTD (REGISTERED NUMBER: 03109710)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024

1. STATUTORY INFORMATION

Multi Design Services Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The company's turnover represents the value, excluding Value Added Tax, of goods and services supplied to customers during the year.

GOODWILL
During 2017 the trade of Sang Design Services was transferred to Multi Design Services Ltd at a value of £10,000 amortised evenly over its estimated life of 10 years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% on cost, 25% on cost and 20% on cost
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 10,000
AMORTISATION
At 1 January 2024 7,000
Charge for year 1,000
At 31 December 2024 8,000
NET BOOK VALUE
At 31 December 2024 2,000
At 31 December 2023 3,000

MULTI DESIGN SERVICES LTD (REGISTERED NUMBER: 03109710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2024

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2024 10,545 6,011 16,556
Additions - 1,032 1,032
At 31 December 2024 10,545 7,043 17,588
DEPRECIATION
At 1 January 2024 6,396 6,011 12,407
Charge for year 2,309 303 2,612
At 31 December 2024 8,705 6,314 15,019
NET BOOK VALUE
At 31 December 2024 1,840 729 2,569
At 31 December 2023 4,149 - 4,149

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,918 2,770
Tax - 364
VAT - 1,317
Prepayments 961 904
6,879 5,355

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 513 2,252
Tax 1,138 -
VAT 835 -
Directors' loan accounts 37,190 36,878
Accruals 1,430 -
Accrued expenses - 1,430
41,106 40,560

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10

MULTI DESIGN SERVICES LTD (REGISTERED NUMBER: 03109710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
K R Sang
Balance outstanding at start of year (27,078 ) (26,166 )
Amounts repaid (312 ) (912 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (27,390 ) (27,078 )

Mrs J F Sang
Balance outstanding at start of year (9,800 ) (9,200 )
Amounts repaid - (600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,800 ) (9,800 )