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REGISTERED NUMBER: 13269523 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MULTI SOURCE ENERGY LTD

MULTI SOURCE ENERGY LTD (REGISTERED NUMBER: 13269523)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MULTI SOURCE ENERGY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: K Harker





REGISTERED OFFICE: Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN





REGISTERED NUMBER: 13269523 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Lincoln) Ltd
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN

MULTI SOURCE ENERGY LTD (REGISTERED NUMBER: 13269523)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,954 6,678

CURRENT ASSETS
Debtors 5 513,296 399,543
Cash at bank 656,184 104,264
1,169,480 503,807
CREDITORS
Amounts falling due within one year 6 251,066 133,008
NET CURRENT ASSETS 918,414 370,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

924,368

377,477

PROVISIONS FOR LIABILITIES 1,489 1,670
NET ASSETS 922,879 375,807

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 922,878 375,806
922,879 375,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

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.

MULTI SOURCE ENERGY LTD (REGISTERED NUMBER: 13269523)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2025 and were signed by:





K Harker - Director


MULTI SOURCE ENERGY LTD (REGISTERED NUMBER: 13269523)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Multi Source Energy Ltd 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.

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.

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 etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

MULTI SOURCE ENERGY LTD (REGISTERED NUMBER: 13269523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 8,888
Additions 2,559
At 31 March 2025 11,447
DEPRECIATION
At 1 April 2024 2,210
Charge for year 3,283
At 31 March 2025 5,493
NET BOOK VALUE
At 31 March 2025 5,954
At 31 March 2024 6,678

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 383,315 275,523
Other debtors 129,981 124,020
513,296 399,543

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 31,057 27,539
Taxation and social security 198,927 79,646
Other creditors 21,082 25,823
251,066 133,008