MULTICONTINENTAL DISTRIBUTION LIMITED

MULTICONTINENTAL DISTRIBUTION LIMITED

MULTICONTINENTAL DISTRIBUTION LIMITED - Company Information

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MULTICONTINENTAL DISTRIBUTION LIMITED

Company Registration Number:
02830597 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

MULTICONTINENTAL DISTRIBUTION LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

MULTICONTINENTAL DISTRIBUTION LIMITED

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Current assets
Debtors: 3 433,225 253,936
Cash at bank and in hand: 161,946 233,602
Total current assets: 595,171 487,538
Creditors: amounts falling due within one year: 4 (34,486) (45,001)
Net current assets (liabilities): 560,685 442,537
Total assets less current liabilities: 560,685 442,537
Total net assets (liabilities): 560,685 442,537
Capital and reserves
Called up share capital: 2,257 2,257
Profit and loss account: 558,428 440,280
Shareholders funds: 560,685 442,537

The notes form part of these financial statements

MULTICONTINENTAL DISTRIBUTION LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2023
and signed on behalf of the board by:

Name: Fiona Hirst
Status: Director

The notes form part of these financial statements

MULTICONTINENTAL DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MULTICONTINENTAL DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

MULTICONTINENTAL DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Debtors

2022 2021
££
Debtors due after more than one year: 433,225 253,936

MULTICONTINENTAL DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

Corporation tax - CHF27,713Other creditors - CHF6,773

MULTICONTINENTAL DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Financial commitments

Charge held by Bank Julius Baer (Monaco) SAM over all the companys cash deposits and financial instruments held with the bank to guarntee all its present and future commitments to the bank.

MULTICONTINENTAL DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Related party transactions

Name of the related party: FMTM Distribution Limited
Relationship:
Agent
Description of the Transaction: Related party by virtue of being under common control
£
Balance at 01 January 2022 251,309
Balance at 31 December 2022 430,767