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Registered number: 07563559
Mmmultiply Ltd
Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 07563559
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,605 69,759
47,605 69,759
CURRENT ASSETS
Debtors 5 539,794 181,708
Cash at bank and in hand 246,750 206,194
786,544 387,902
Creditors: Amounts Falling Due Within One Year 6 (434,726 ) (219,900 )
NET CURRENT ASSETS (LIABILITIES) 351,818 168,002
TOTAL ASSETS LESS CURRENT LIABILITIES 399,423 237,761
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,901 ) (17,440 )
NET ASSETS 387,522 220,321
CAPITAL AND RESERVES
Called up share capital 7 2 2
Income Statement 387,520 220,319
SHAREHOLDERS' FUNDS 387,522 220,321
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For the year ending 31 March 2026 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 Income Statement.
On behalf of the board
P J Aldridge
Director
6 July 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mmmultiply Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07563559 . The registered office is Millers House, Ampney Crucis, Cirencester, Gloucestershire, GL7 5RS.
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.
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:
Leasehold 10% straight line
Plant & Machinery 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. 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.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2025: 11)
11 11
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2025 113,014 158,302 62,322 333,638
Additions - - 9,828 9,828
Disposals - (13,475 ) - (13,475 )
Revaluation (113,014 ) - - (113,014 )
As at 31 March 2026 - 144,827 72,150 216,977
Depreciation
As at 1 April 2025 96,915 140,710 26,254 263,879
Provided during the period - 4,394 11,474 15,868
Disposals - (13,460 ) - (13,460 )
On revaluations (96,915 ) - - (96,915 )
As at 31 March 2026 - 131,644 37,728 169,372
Net Book Value
As at 31 March 2026 - 13,183 34,422 47,605
As at 1 April 2025 16,099 17,592 36,068 69,759
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 437,124 153,853
Other debtors 102,670 27,855
539,794 181,708
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 109,496 28,713
Other creditors 52,413 16,534
Taxation and social security 272,817 174,653
434,726 219,900
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7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
8. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Triple M Holdings Ltd . Triple M Holdings Ltd was incorporated in England & Wales. The ultimate controlling party is Triple M Holdings Ltd who controls 100% of the shares of Mmmultiply Ltd .
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