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REGISTERED NUMBER: 01282374 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MULTIFLOW PRINT LIMITED

MULTIFLOW PRINT LIMITED (REGISTERED NUMBER: 01282374)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


MULTIFLOW PRINT LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTORS: A B Barnes
M Homer
A K Murdoch





SECRETARY: A B Barnes





REGISTERED OFFICE: 112 Churchill Road
Bicester
Oxfordshire
OX26 4XD





REGISTERED NUMBER: 01282374 (England and Wales)





ACCOUNTANTS: IJC Accounting & Taxation Services Limited
Chartered Certified Accountants
4 Centenary Road
Middleton Cheney
Nr Banbury
Northamptonshire
OX17 2SJ

MULTIFLOW PRINT LIMITED (REGISTERED NUMBER: 01282374)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 12,687 12,116

CURRENT ASSETS
Stocks 19,253 21,359
Debtors 202,923 206,738
Cash at bank and in hand 169,823 214,183
391,999 442,280
CREDITORS
Amounts falling due within one year 170,199 178,168
NET CURRENT ASSETS 221,800 264,112
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,487

276,228

CAPITAL AND RESERVES
Called up share capital 5 60 60
Share Premium Account 39,660 39,660
Capital Redemption Reserve 110 110
Retained earnings 194,657 236,398
SHAREHOLDERS' FUNDS 234,487 276,228

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

MULTIFLOW PRINT LIMITED (REGISTERED NUMBER: 01282374)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 16 May 2025 and were signed on its behalf by:





A B Barnes - Director


MULTIFLOW PRINT LIMITED (REGISTERED NUMBER: 01282374)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Multiflow Print 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.

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.

Significant judgements and estimates
The preparation of financial statements requires the use of certain accounting estimates. It also requires management to exercise its judgement in the process of applying accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in the accounting policies.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover represents net invoiced goods and services provided to the extent that there is a right to the consideration, excluding value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery - 25% on reducing balance
Fixtures & Fittings - 25% on reducing balance
Motor Vehicles - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


MULTIFLOW PRINT LIMITED (REGISTERED NUMBER: 01282374)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Obligations under hire purchase agreements are secured on the assets concerned.

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.

Going concern
The directors have not identified any material uncertainties that would cast doubt over the company's ability to continue to trade as a going concern. Accordingly, the going concern basis of accounting has been adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023 585,574
Additions 4,800
At 31 October 2024 590,374
DEPRECIATION
At 1 November 2023 573,458
Charge for year 4,229
At 31 October 2024 577,687
NET BOOK VALUE
At 31 October 2024 12,687
At 31 October 2023 12,116

MULTIFLOW PRINT LIMITED (REGISTERED NUMBER: 01282374)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
60 Ordinary £1 60 60

6. CAPITAL COMMITMENTS
31.10.24 31.10.23
£    £   
Contracted but not provided for in the
financial statements 39,830 63,305

As at 31st October 2024 the company was contracted to make future payments under operating leases as detailed above.

7. ULTIMATE CONTROLLING PARTY

Ultimate control in the company is vested in the three directors, who hold shares equally between them.