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Company Registration No. 14048779 (England and Wales)
MULTIQUOTETIME LTD Unaudited accounts for the year ended 30 April 2025
MULTIQUOTETIME LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MULTIQUOTETIME LTD Company Information for the year ended 30 April 2025
Director
Eamonn Turley
Company Number
14048779 (England and Wales)
Registered Office
50 PRINCES STREET IPSWICH SUFFOLK IP1 1RJ ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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MULTIQUOTETIME LTD Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,806
2,276
Current assets
Cash at bank and in hand
3,886
103
Creditors: amounts falling due within one year
5
(5,549)
(3,490)
Net current liabilities
(1,663)
(3,387)
Net assets/(liabilities)
143
(1,111)
Capital and reserves
Called up share capital
1
1
Profit and loss account
142
(1,112)
Shareholders' funds
143
(1,111)
For the year ending 30 April 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 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 9 January 2026 and were signed on its behalf by
Eamonn Turley Director Company Registration No. 14048779
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MULTIQUOTETIME LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
MULTIQUOTETIME LTD is a private company, limited by shares, registered in England and Wales, registration number 14048779. The registered office is 50 PRINCES STREET, IPSWICH, SUFFOLK, IP1 1RJ, ENGLAND.
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.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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
20% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 May 2024
2,184
789
2,973
Additions
283
-
283
At 30 April 2025
2,467
789
3,256
Depreciation
At 1 May 2024
437
260
697
Charge for the year
493
260
753
At 30 April 2025
930
520
1,450
Net book value
At 30 April 2025
1,537
269
1,806
At 30 April 2024
1,747
529
2,276
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MULTIQUOTETIME LTD Notes to the Accounts for the year ended 30 April 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
5
Taxes and social security
15
-
Loans from directors
5,175
3,066
Accruals
359
419
5,549
3,490
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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