REGISTERED NUMBER: 05540449 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

MULTIHULL SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

A Wood

REGISTERED OFFICE:

16 Clovelly Road

Emsworth

Hampshire

PO10 7HL

REGISTERED NUMBER:

05540449 (England and Wales)

ACCOUNTANTS:

Goff and Company Chartered Accountants

89 Havant Road

Emsworth

Hampshire

PO10 7LF

FIXED ASSETS

Intangible assets

4

60,000

60,000

Tangible assets

5

465,354

182,123

525,354

242,123

CURRENT ASSETS

Stocks

137,539

137,539

Debtors

6

1,293,944

4,342

Cash at bank

351,206

4,845

1,782,689

146,726

CREDITORS

Amounts falling due within one year

7

1,969,552

111,105

NET CURRENT (LIABILITIES)/ASSETS

(186,863

)

35,621

TOTAL ASSETS LESS CURRENT LIABILITIES

338,491

277,744

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

338,391

277,644

SHAREHOLDERS' FUNDS

338,491

277,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st May 2026 and were signed by:

A Wood - Director

1.	STATUTORY INFORMATION

Multihull Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill is the amount paid in connection with the acquisition of the business in 2006.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st September 2024

and 31st August 2025

60,000

NET BOOK VALUE

At 31st August 2025

60,000

At 31st August 2024

60,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st September 2024

307,593

Additions

570,705

Disposals

(176,474

)

At 31st August 2025

701,824

DEPRECIATION

At 1st September 2024

125,470

Charge for year

155,119

Eliminated on disposal

(44,119

)

At 31st August 2025

236,470

NET BOOK VALUE

At 31st August 2025

465,354

At 31st August 2024

182,123

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

1,290,749

1,267

Other debtors

3,195

3,075

1,293,944

4,342

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Payments on account

5,250

-

Trade creditors

1,765,552

12,952

Taxation and social security

71,528

211

Other creditors

127,222

97,942

1,969,552

111,105

8.	ULTIMATE CONTROLLING PARTY

The controlling party is A Wood.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st August 2025 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Goff and Company Chartered Accountants

89 Havant Road

Emsworth

Hampshire

PO10 7LF

1st May 2026