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REGISTERED NUMBER: 09102184 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 APRIL 2025

FOR

MULTIPLE STATES LTD

MULTIPLE STATES LTD (REGISTERED NUMBER: 09102184)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 APRIL 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MULTIPLE STATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 27 APRIL 2025







DIRECTOR: K J Beck





REGISTERED OFFICE: 15 West Street
Brighton
East Sussex
BN1 2RL





REGISTERED NUMBER: 09102184 (England and Wales)





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

MULTIPLE STATES LTD (REGISTERED NUMBER: 09102184)

BALANCE SHEET
27 APRIL 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 2,890 3,402

CURRENT ASSETS
Debtors 4 2,647 6,123
Cash at bank 25,406 26,112
28,053 32,235
CREDITORS
Amounts falling due within one year 5 5,842 6,113
NET CURRENT ASSETS 22,211 26,122
TOTAL ASSETS LESS CURRENT LIABILITIES 25,101 29,524

PROVISIONS FOR LIABILITIES 723 851
NET ASSETS 24,378 28,673

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,278 28,573
24,378 28,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 April 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.

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 25 July 2025 and were signed by:





K J Beck - Director


MULTIPLE STATES LTD (REGISTERED NUMBER: 09102184)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 APRIL 2025


1. 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 represents sales of services and is recognised at the point the customer is entitled to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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.

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.

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.

2. EMPLOYEES

The average number of employees during the year was 1 (2024 - 1 ) .

3. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 28 April 2024 4,617 8,092 12,709
Additions 164 1,309 1,473
Disposals (1,026 ) (3,314 ) (4,340 )
At 27 April 2025 3,755 6,087 9,842
DEPRECIATION
At 28 April 2024 2,258 7,049 9,307
Charge for year 498 1,222 1,720
Eliminated on disposal (761 ) (3,314 ) (4,075 )
At 27 April 2025 1,995 4,957 6,952
NET BOOK VALUE
At 27 April 2025 1,760 1,130 2,890
At 27 April 2024 2,359 1,043 3,402

MULTIPLE STATES LTD (REGISTERED NUMBER: 09102184)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 27 APRIL 2025


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,955 6,123
Other debtors 692 -
2,647 6,123

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 1,724 2,171
Social security and other taxes 479 478
Directors' loan accounts 1,058 1,005
Accrued expenses 2,581 2,459
5,842 6,113

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, K Beck increased his loan to the company. As at 27 April 2025, the company owed him £1,057 (2024: £1,004). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K J Beck.

This was by virtue of his 90% holding of the issued share capital.