| Multistage International Limited |
| Registered number: |
04148868 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
|
| Net current assets |
|
|
|
- |
|
|
- |
|
| Total assets less current liabilities |
|
|
|
- |
|
|
- |
|
| Creditors: amounts falling due after more than one year |
4 |
|
|
(111,036) |
|
|
(111,036) |
|
|
|
| Net liabilities |
|
|
|
(111,036) |
|
|
(111,036) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
935,000 |
|
|
935,000 |
| Profit and loss account |
|
|
|
(1,046,036) |
|
|
(1,046,036) |
|
| Shareholders' funds |
|
|
|
(111,036) |
|
|
(111,036) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr Paraskevas Soteriades |
| Director |
| Approved by the board on 16 September 2025 |
|
| Multistage International Limited |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 January 2024 |
24,166 |
|
At 31 December 2024 |
24,166 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
24,166 |
|
At 31 December 2024 |
24,166 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
- |
|
|
| 4 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans |
111,036 |
|
111,036 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
|
|
Amounts due to companies with common director and shareholder; Atlas Pantou Group of Companies £69,372 (2023 £69,372) and Telmen Limited £41,664 (2023 £41,664) |
|
|
| 6 |
Controlling party |
|
|
The company was in both the current and preceding accounting periods under the ultimate control of its director by virtue of his ownership, together with associates, of the company’s entire issued share capital. |
|
|
| 7 |
Other information |
|
|
Multistage International Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
175 High Street |
|
Barnet |
|
Herts |
|
EN5 5SU |