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Company Registration No. 07365256 (England and Wales)
ADD THEN MULTIPLY LIMITED Accounts for the year ended 31 December 2024
ADD THEN MULTIPLY LIMITED Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
ADD THEN MULTIPLY LIMITED Company Information for the year ended 31 December 2024
Director
David Bowen HORNE
Company Number
07365256 (England and Wales)
Registered Office
8 AINSDALE ROAD EALING LONDON W5 1JX
Accountants
Arth Limited 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD
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ADD THEN MULTIPLY LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,318 
15,205 
Investments
5
5,000 
5,000 
21,318 
20,205 
Current assets
Inventories
19,287 
19,287 
Debtors
6
7,480 
13,000 
Cash at bank and in hand
52,983 
23,298 
79,750 
55,585 
Creditors: amounts falling due within one year
7
(95,323)
(70,718)
Net current liabilities
(15,573)
(15,133)
Total assets less current liabilities
5,745 
5,072 
Creditors: amounts falling due after more than one year
8
(4,673)
(7,223)
Net assets/(liabilities)
1,072 
(2,151)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
972 
(2,251)
Shareholders' funds
1,072 
(2,151)
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 his 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 25 August 2025 and were signed on its behalf by
David Bowen HORNE Director Company Registration No. 07365256
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ADD THEN MULTIPLY LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
ADD THEN MULTIPLY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07365256. The registered office is 8 AINSDALE ROAD, EALING, LONDON, W5 1JX.
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.
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:
Plant & machinery
33% Straight Line
Computer equipment
33% Straight Line
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the shareholders will continue to financially support the company over the next 12 months.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
5,003 
18,900 
9,262 
33,165 
Additions
4,275 
- 
1,581 
5,856 
At 31 December 2024
9,278 
18,900 
10,843 
39,021 
Depreciation
At 1 January 2024
4,916 
6,447 
6,597 
17,960 
Charge for the year
265 
3,150 
1,328 
4,743 
At 31 December 2024
5,181 
9,597 
7,925 
22,703 
Net book value
At 31 December 2024
4,097 
9,303 
2,918 
16,318 
At 31 December 2023
87 
12,453 
2,665 
15,205 
- 5 -
ADD THEN MULTIPLY LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
5,000 
Valuation at 31 December 2024
5,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,480 
9,000 
Other debtors
4,000 
4,000 
7,480 
13,000 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,000 
4,000 
Trade creditors
13,639 
634 
Taxes and social security
11,083 
5,450 
Other creditors
69,402 
73,273 
Loans from directors
(3,916)
(13,754)
Deferred income
1,115 
1,115 
95,323 
70,718 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,923 
5,980 
Other creditors
2,750 
1,243 
4,673 
7,223 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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