Multi-Finishing Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Multi-Finishing Ltd For The Year Ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Multi-Finishing Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Multi-Finishing Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Multi-Finishing Ltd and state those matters that we have agreed to state to the directors of Multi-Finishing Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Multi-Finishing Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Multi-Finishing Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Multi-Finishing Ltd . You consider that Multi-Finishing Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Multi-Finishing Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Steven Burton & Co Limited

17/10/2025

Steven Burton & Co Limited

Chartered Certified Accountants

Broomfield Park

Coggeshall Road

Colchester

Essex

CO6 2JX

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Multi-Finishing Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 09641093

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		31,309		24,259
Investments	5		-		20,000

			31,309		44,259
CURRENT ASSETS
Debtors	6	77,738		187,118
Cash at bank and in hand		90,004		94,338

		167,742		281,456
Creditors: Amounts Falling Due Within One Year	7	(66,258 )		(89,011 )

NET CURRENT ASSETS (LIABILITIES)			101,484		192,445

TOTAL ASSETS LESS CURRENT LIABILITIES			132,793		236,704

Creditors: Amounts Falling Due After More Than One Year	8		(18,111 )		(24,000 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,827 )		(6,065 )

NET ASSETS			106,855		206,639

CAPITAL AND RESERVES
Called up share capital	10		200		200
Profit and Loss Account			106,655		206,439

SHAREHOLDERS' FUNDS			106,855		206,639

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Multi-Finishing Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Garnham Director	Mr Jonathan Phillips Director
17/10/2025

The notes on pages 4 to 6 form part of these financial statements.

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Multi-Finishing Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Multi-Finishing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09641093 . The registered office is C/O Steven Burton & Co Ltd, Broomfield Park, Coggeshall Road, Colchester, Essex, CO6 2JX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance method
Motor Vehicles	25% on straight line method
Computer Equipment	25% reducing balance method

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability

simultaneously.

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Multi-Finishing Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	109,334
Additions	19,970

As at 31 March 2025	129,304

Depreciation
As at 1 April 2024	85,075
Provided during the period	12,920

As at 31 March 2025	97,995

Net Book Value
As at 31 March 2025	31,309

As at 1 April 2024	24,259

5. Investments

	Unlisted
	£
Cost
As at 1 April 2024	20,000
Disposals	(20,000 )

As at 31 March 2025	-

Provision
As at 1 April 2024	-

As at 31 March 2025	-

...CONTINUED

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Multi-Finishing Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	20,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	46,599	139,237
Amounts recoverable on contracts	26,590	41,410
Other debtors	4,549	6,471

	77,738	187,118

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	11,121	9,101
Trade creditors	29,663	10,091
Bank loans and overdrafts	10,000	10,000
Other creditors	2,078	6,284
Taxation and social security	13,396	53,535

	66,258	89,011

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	16,444	12,333
Bank loans	1,667	11,667

	18,111	24,000

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,121	9,101
Later than one year and not later than five years	16,444	12,333

	27,565	21,434

	27,565	21,434

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

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