MULTIWAL UK LIMITED - Limited company - abbreviated - 11.6

MULTIWAL UK LIMITED - Limited company - abbreviated - 11.6

MULTI-WALL SYSTEMS LIMITED - Company Information

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REGISTERED NUMBER: 07019887 (England and Wales)






































Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

MULTIWAL UK LIMITED

MULTIWAL UK LIMITED (REGISTERED NUMBER: 07019887)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

MULTIWAL UK LIMITED

Company Information
for the Year Ended 31 December 2014







DIRECTOR: Hendrick Klooster





REGISTERED OFFICE: Cleveland House
1-10 Sitwell Street
KINGSTON UPON HULL
East Yorkshire
HU8 7BE





REGISTERED NUMBER: 07019887 (England and Wales)





ACCOUNTANTS: G & C Professionals Limited
trading as Graham & Company
Chartered Certified Accountants
& Business Advisers
Cleveland House
1-10 Sitwell Street
KINGSTON UPON HULL
East Yorkshire
HU8 7BE
Page 1
MULTIWAL UK LIMITED (REGISTERED NUMBER: 07019887)

Abbreviated Balance Sheet
31 December 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 21 3,441

CURRENT ASSETS
Debtors 115,936 187,788
Cash at bank 2,167 32,307
118,103 220,095
CREDITORS
Amounts falling due within one year 137,913 213,334
NET CURRENT (LIABILITIES)/ASSETS (19,810 ) 6,761
TOTAL ASSETS LESS CURRENT
LIABILITIES
(19,789		 )
10,202

CAPITAL AND RESERVES
Called up share capital 3 50,000 50,000
Profit and loss account (69,789 ) (39,798 )
SHAREHOLDERS' FUNDS (19,789 ) 10,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 22 September 2015 and were signed by:





Hendrick Klooster - Director


The notes form part of these abbreviated accounts

Page 2
MULTIWAL UK LIMITED (REGISTERED NUMBER: 07019887)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2014

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis which assumes the continued
support of the parent company as described in the note for Creditors : Amounts falling due within one
year.

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

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

Fixtures and fittings - 20% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014
and 31 December 2014 17,126
DEPRECIATION
At 1 January 2014 13,685
Charge for year 3,420
At 31 December 2014 17,105
NET BOOK VALUE
At 31 December 2014 21
At 31 December 2013 3,441

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
50,000 Ordinary £1 50,000 50,000

4. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Multiwal BV, a company incorporated in the
Netherlands.

Page 3 continued...
MULTIWAL UK LIMITED (REGISTERED NUMBER: 07019887)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2014

5. RELATED PARTY DISCLOSURES

During the year under review the company did not trade with it's holding company, Multiwal BV. The
amount outstanding at the balance sheet date (included in the "Amount owed to group undertakings")
was £127,033 (2013- £184,008).

6. CREDITORS : AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Amounts owed to group undertakings relates to Multiwal BV, the parent company, £127,033 (2013 -
£184,008). There are no specific terms with regard to interest charges or repayment of this loan. The
parent company has indicated that the above funds will not be withdrawn until the company achieves
a solvent financial position.

Page 4