REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2023 |
for |
Marketing Derby Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 March 2023 |
for |
Marketing Derby Limited |
Marketing Derby Limited (Registered number: 05953546) |
Contents of the Financial Statements |
for the Year Ended 31 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Marketing Derby Limited |
Company Information |
for the Year Ended 31 March 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditors |
Chartered Accountants |
The Mills |
Canal Street |
Derby |
DE1 2RJ |
BANKERS: |
Marketing Derby Limited (Registered number: 05953546) |
Balance Sheet |
31 March 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
RESERVES |
Income and expenditure account |
In accordance with Section 444 of the Companies Act 2006, the Income and Expenditure Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Marketing Derby Limited (Registered number: 05953546) |
Notes to the Financial Statements |
for the Year Ended 31 March 2023 |
1. | STATUTORY INFORMATION |
Marketing Derby Limited is a |
Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income |
The grant income, all of which arises in the United Kingdom, and which is not subject to Value Added Tax, represents funding receivable from various bodies to achieve the company's principal activity. |
Bondholder income is recognised on a straight line basis over the period to which the bond relates |
Generated income from events is recognised at such point that the event takes place or amounts received become non-refundable. |
Tangible fixed assets and depreciation |
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: |
Furniture and fixtures | - | 20% per annum straight line |
Computer equipment | - | 33% per annum straight line |
Pensions |
The company contributes to personal pension plans of its employees and the pension charge in the income and expenditure account represents the amounts payable by the company during the period. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Marketing Derby Limited (Registered number: 05953546) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
4. | TANGIBLE FIXED ASSETS |
Furniture |
and | Computer |
fixtures | equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2022 |
Additions |
At 31 March 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for year |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Tax |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Tax |
Social security and other taxes |
Accruals and deferred income |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
Bank loans are guaranteed in full by the UK Government under the terms of the Bounce Back Loan Scheme. |
Marketing Derby Limited (Registered number: 05953546) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
8. | LEASING AGREEMENTS |
Minimum lease payments due under non-cancellable operating leases are £52,200 (2022: £81,807). |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | RELATED PARTY DISCLOSURES |
Several directors have separate interests and relations with other companies. Costs totalling £59,174 have been charged to the income and expenditure account within the year ended 31 March 2023 (2022: £41,664). At the year end no balance is outstanding (2022: £1,019). |