Multidmedia Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04644581

MULTIDMEDIA LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

MULTIDMEDIA LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Intangible assets	5	64,086	77,047
Tangible assets	6	90,068	25,860
		---------	---------
		154,154	102,907

CURRENT ASSETS

Debtors	7	27,137	17,680
Cash at bank and in hand		474,118	385,644
		---------	---------
		501,255	403,324

CREDITORS: amounts falling due within one year	8	80,881		56,161
		---------		---------
NET CURRENT ASSETS			420,374		347,163
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			574,528		450,070

PROVISIONS

Taxation including deferred tax	21,141	14,315
	---------	---------
NET ASSETS	553,387	435,755
	---------	---------

CAPITAL AND RESERVES

Called up share capital	9	1	1
Revaluation reserve		11,172	20,698
Profit and loss account		542,214	415,056
		---------	---------
SHAREHOLDERS FUNDS		553,387	435,755
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MULTIDMEDIA LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 18 August 2026 , and are signed on behalf of the board by:

Mr J Sohal
Director

Company registration number: 04644581

MULTIDMEDIA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Muras Baker Jones Ltd, Third Floor Regent House, Bath Avenue, Wolverhampton, WV1 4EG.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Revenue recognition

Software development sales represent the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are valued using the revaluation model and are recorded at the fair value at the date of revaluation, as determined by reference to an active market.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Furniture and fixtures	-	25% reducing balance
Motor vehicles	-	15% reducing balance
Office equipment	-	33% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. INTANGIBLE ASSETS

	Cryptocurrency
	£
Cost
At 1 April 2025	77,047
Additions	–
Revaluations	( 12,961)
	--------
At 31 March 2026	64,086
	--------
Amortisation
At 1 April 2025 and 31 March 2026	–
	--------
Carrying amount
At 31 March 2026	64,086
	--------
At 31 March 2025	77,047
	--------

Intangible assets held at valuation

The revaluation of the above assets has resulted in a debit to the profit and loss account of £12,961 (2025: credit of £4,480). Since the year end there has been no material change to the value of intangible assets.

6. TANGIBLE ASSETS

	Fixtures and fittings	Motor vehicles	Office equipment	Total
	£	£	£	£
Cost
At 1 April 2025	630	43,490	7,604	51,724
Additions	–	102,150	2,707	104,857
Disposals	–	( 43,490)	–	( 43,490)
	----	---------	--------	---------
At 31 March 2026	630	102,150	10,311	113,091
	----	---------	--------	---------
Depreciation
At 1 April 2025	158	20,788	4,918	25,864
Charge for the year	118	15,323	2,506	17,947
Disposals	–	( 20,788)	–	( 20,788)
	----	---------	--------	---------
At 31 March 2026	276	15,323	7,424	23,023
	----	---------	--------	---------
Carrying amount
At 31 March 2026	354	86,827	2,887	90,068
	----	---------	--------	---------
At 31 March 2025	472	22,702	2,686	25,860
	----	---------	--------	---------

7. DEBTORS

	2026	2025
	£	£
Trade debtors	27,137	17,680
	--------	--------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	86	5,449
Corporation tax	28,721	4,150
Social security and other taxes	10,048	12,207
Other creditors	42,026	34,355
	--------	--------
	80,881	56,161
	--------	--------

9. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----