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REGISTERED NUMBER: 06394114 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MANIFOLD IT LIMITED

MANIFOLD IT LIMITED (REGISTERED NUMBER: 06394114)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MANIFOLD IT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: L Manifold





SECRETARY: E A O'Brien





REGISTERED OFFICE: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP





REGISTERED NUMBER: 06394114 (England and Wales)





ACCOUNTANTS: Galloways Accounting Limited
15 West Street
Brighton
East Sussex
BN1 2RL

MANIFOLD IT LIMITED (REGISTERED NUMBER: 06394114)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 393,903 330,190
393,903 330,190

CURRENT ASSETS
Debtors 6 - 570
Cash at bank 63,188 84,088
63,188 84,658
CREDITORS
Amounts falling due within one year 7 (7,516 ) (8,972 )
NET CURRENT ASSETS 55,672 75,686
TOTAL ASSETS LESS CURRENT LIABILITIES 449,575 405,876

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 449,571 405,872
449,575 405,876

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 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.

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 director and authorised for issue on 23 July 2025 and were signed by:





L Manifold - Director


MANIFOLD IT LIMITED (REGISTERED NUMBER: 06394114)

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


1. STATUTORY INFORMATION

Manifold IT 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents revenue recognised in the accounts excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33.3% straight line

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Investments
Investments are stated at market value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2023
and 31 October 2024 1,558
DEPRECIATION
At 1 November 2023
and 31 October 2024 1,558
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

MANIFOLD IT LIMITED (REGISTERED NUMBER: 06394114)

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


5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1 November 2023 330,190
Additions 64,182
Disposals (35,021 )
Share of profit/(loss) (4,579 )
Revaluations 39,131
At 31 October 2024 393,903
NET BOOK VALUE
At 31 October 2024 393,903
At 31 October 2023 330,190

Cost or valuation at 31 October 2024 is represented by:

Listed
investments
£   
Valuation in 2021 1,479
Valuation in 2022 (93,571 )
Valuation in 2023 19,418
Valuation in 2024 39,131
Cost 427,446
393,903

If the investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 402,864 402,864

Market value of listed investments at 31 October 2024 - £ 427,446 .

The fixed asset investments are included at the market value as at 31 October 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 570

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 1,548
Other creditors 7,516 7,424
7,516 8,972

8. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of L Manifold, the sole director and shareholder of the company.