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Company Registration No. 5755753 (England and Wales)
Manyone London Ltd Unaudited accounts for the year ended 31 December 2024
Manyone London Ltd Unaudited accounts Contents
Page
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Manyone London Ltd Company Information for the year ended 31 December 2024
Director
Alexandra Jane Hills
Company Number
5755753 (England and Wales)
Registered Office
151a Tower Bridge Road London SE1 3JE England
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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Manyone London Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,459 
29,784 
Current assets
Debtors
846,977 
1,094,343 
Cash at bank and in hand
26,653 
19,941 
873,630 
1,114,284 
Creditors: amounts falling due within one year
(80,221)
(381,786)
Net current assets
793,409 
732,498 
Total assets less current liabilities
822,868 
762,282 
Provisions for liabilities
Deferred tax
(2,280)
(2,542)
Net assets
820,588 
759,740 
Capital and reserves
Called up share capital
50 
50 
Capital redemption reserve
(127,074)
(127,074)
Profit and loss account
947,612 
886,764 
Shareholders' funds
820,588 
759,740 
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 June 2025 and were signed on its behalf by
Alexandra Jane Hills Director Company Registration No. 5755753
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Manyone London Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Manyone London Ltd is a private company, limited by shares, registered in England and Wales, registration number 5755753. The registered office is 151a Tower Bridge Road, London, SE1 3JE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
25% Straight Line
Going concern
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Manyone London Ltd Notes to the Accounts for the year ended 31 December 2024
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
19,119 
25,071 
44,190 
Additions
7,200 
4,156 
11,356 
At 31 December 2024
26,319 
29,227 
55,546 
Depreciation
At 1 January 2024
3,428 
10,978 
14,406 
Charge for the year
5,024 
6,657 
11,681 
At 31 December 2024
8,452 
17,635 
26,087 
Net book value
At 31 December 2024
17,867 
11,592 
29,459 
At 31 December 2023
15,691 
14,093 
29,784 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,769 
129,814 
Amounts due from group undertakings etc.
677,579 
848,303 
Accrued income and prepayments
97,988 
63,687 
Other debtors
2 
- 
797,338 
1,041,804 
Amounts falling due after more than one year
Other debtors
49,639 
52,539 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,660 
4,436 
Trade creditors
14,666 
37,764 
Amounts owed to group undertakings and other participating interests
- 
205,763 
Taxes and social security
59,119 
60,022 
Accruals
(1,224)
272 
Deferred income
- 
73,529 
80,221 
381,786 
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Manyone London Ltd Notes to the Accounts for the year ended 31 December 2024
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50 
50 
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
96,410 
- 
Later than one year and not later than five years
144,615 
166,935 
241,025 
166,935 
9
Transactions with related parties
As at 31 December 2024, Manyone London Ltd was owed by its parent company Manyone A/S £251,035 (2023: £428,130). The balances attract 9% interest p.a and are repayable on demand. As at 31 December 2024, Manyone London Ltd owed its parent company Manyone A/S £0.00 (2023: £156,128). The balances attract 9% interest and are repayable on demand. As at 31 December 2024, Manyone London Ltd was owed by its sister company Manyone GMBH £217,628 (2023: £345,680). The balances attract 9% interest and are repayable on demand. As at 31 December 2024, Manyone London Ltd was owed by its sister company Manyone Spain SL £15,553 (2023: £20,484). The balances attract 9% interest and are repayable on demand. As at 31 December 2024, Manyone London Ltd was owed by its sister company Manyone Zurich GMBH £176,198 (2023: £4,374). The balances attract 9% interest and are repayable on demand. As at 31 December 2024, Manyone London Ltd was owed by its sister company Manyone TLV Ltd £8,677 (2023: £0.00). The balances attract 9% interest and are repayable on demand. As at 31 December 2024, Manyone London Ltd was owed by its sister company Manyone Oslo £8,488 (2023: £0.00). The balances attract 9% interest and are repayable on demand.
10
Controlling party
Manyone London Ltd is a wholly owned subsidiary of Manyone A/S, which is the ultimate controlling party.
11
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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