Company Registration No. 11247257 (England and Wales)
Multiply Accountancy Limited
Unaudited accounts
for the year ended 31 December 2024
Multiply Accountancy Limited
Unaudited accounts
Contents
Multiply Accountancy Limited
Company Information
for the year ended 31 December 2024
Directors
Chris Conway
James Moggeridge
Company Number
11247257 (England and Wales)
Registered Office
71-75 Shelton Street
London
WC2H 9JQ
United Kingdom
Multiply Accountancy Limited
Statement of financial position
as at 31 December 2024
Tangible assets
2,159
9,081
Cash at bank and in hand
60,062
88,162
Creditors: amounts falling due within one year
(232,816)
(214,352)
Net current assets
139,732
212,166
Total assets less current liabilities
142,224
221,580
Creditors: amounts falling due after more than one year
(4,656)
(14,788)
Net assets
137,568
206,792
Called up share capital
4
4
Profit and loss account
137,564
206,788
Shareholders' funds
137,568
206,792
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 directors acknowledge their 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 of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by
James Moggeridge
Director
Company Registration No. 11247257
Multiply Accountancy Limited
Notes to the Accounts
for the year ended 31 December 2024
Multiply Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 11247257. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
3-4 years straight line
Computer equipment
3-4 years straight line
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.
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 rendering of services is recognised by reference to the stage of completion of the work engaged.
Multiply Accountancy Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
4,229
27,513
31,742
At 31 December 2024
4,344
29,886
34,230
At 1 January 2024
2,831
19,830
22,661
Charge for the year
-
9,410
9,410
At 31 December 2024
2,831
29,240
32,071
At 31 December 2024
1,513
646
2,159
At 31 December 2023
1,398
7,683
9,081
5
Investments
Other investments
Valuation at 1 January 2024
333
Valuation at 31 December 2024
333
Amounts falling due within one year
Trade debtors
79,537
64,216
Amounts due from group undertakings etc.
152,600
207,100
Accrued income and prepayments
79,846
66,537
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,140
10,140
Trade creditors
6,803
3,744
Taxes and social security
169,905
174,467
Loans from directors
37,542
6,486
8
Creditors: amounts falling due after more than one year
2024
2023
Multiply Accountancy Limited
Notes to the Accounts
for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 16 (2023: 14).