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REGISTERED NUMBER: 02815230















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2022

FOR

MANAGEMENT AND MARKETING INITIATIVES
LIMITED

MANAGEMENT AND MARKETING INITIATIVES
LIMITED (REGISTERED NUMBER: 02815230)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MANAGEMENT AND MARKETING INITIATIVES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: D C Fenna
Mrs C M Fenna





SECRETARY:





REGISTERED OFFICE: 12 Haviland Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7RG





REGISTERED NUMBER: 02815230





ACCOUNTANTS: Elson Geaves Accountants
Chartered Certified Accountants
12 Haviland Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7RG

MANAGEMENT AND MARKETING INITIATIVES
LIMITED (REGISTERED NUMBER: 02815230)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,229 1,474

CURRENT ASSETS
Debtors 5 2,055 2,055
Cash at bank 193,894 100,755
195,949 102,810
CREDITORS
Amounts falling due within one year 6 69,471 21,467
NET CURRENT ASSETS 126,478 81,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,707

82,817

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 128,705 82,815
SHAREHOLDERS' FUNDS 128,707 82,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MANAGEMENT AND MARKETING INITIATIVES
LIMITED (REGISTERED NUMBER: 02815230)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by:





Mrs C M Fenna - Director


MANAGEMENT AND MARKETING INITIATIVES
LIMITED (REGISTERED NUMBER: 02815230)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Management And Marketing Initiatives Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

MANAGEMENT AND MARKETING INITIATIVES
LIMITED (REGISTERED NUMBER: 02815230)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 3,438
Additions 1,498
At 31 March 2022 4,936
DEPRECIATION
At 1 April 2021 1,964
Charge for year 743
At 31 March 2022 2,707
NET BOOK VALUE
At 31 March 2022 2,229
At 31 March 2021 1,474

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 2,055 2,055

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 23,389 13,299
Other creditors 46,082 8,168
69,471 21,467