Multiplier Technologies UK Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 13449300

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,442		4,463

			7,442		4,463
CURRENT ASSETS
Debtors		19,340		-
Cash at bank and in hand		1,144,685		240,033

		1,164,025		240,033
Creditors: Amounts Falling Due Within One Year		(1,030,051 )		(151,715 )

NET CURRENT ASSETS (LIABILITIES)			133,974		88,318

TOTAL ASSETS LESS CURRENT LIABILITIES			141,416		92,781

NET ASSETS			141,416		92,781

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			141,316		92,681

SHAREHOLDERS' FUNDS			141,416		92,781

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Multiplier Technologies UK Ltd

Abridged 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Amritpal Singh

Director

19th December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Multiplier Technologies UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13449300 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

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:

Computer Equipment

27.33%

2.4. 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.

...CONTINUED

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Multiplier Technologies UK Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Taxation - continued

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: 178 (2024: 178)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	5,176
Additions	5,019

As at 31 March 2025	10,195

Depreciation
As at 1 April 2024	713
Provided during the period	2,040

As at 31 March 2025	2,753

Net Book Value
As at 31 March 2025	7,442

As at 1 April 2024	4,463

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Multiplier Technologies UK Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

6. Related Party Transactions

(a) Sale of Goods/Services (Revenue) :

During the year, the Company supplied goods/services to Multiplier Technologies PTE. Ltd. an entity under common control.

• Revenue recognised during the year: £27,543,446 (Previous year: £16,892,244).

• Transactions were made at arm’s-length, on normal commercial terms.

(b) Reimbursement of Salaries :

The Company received reimbursement from Multiplier Technologies PTE. Ltd. towards salary costs of employees engaged on their projects.

• Salary costs reimbursed: £26,273,633 (Previous year: £15,393,982).

The reimbursement represents a recovery of actual costs and is not considered a profit-generating activity.

(c). Outstanding Balances with Related Parties :

The following balances were outstanding at the reporting date £340,190 (Previous year : £533,195).

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