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REGISTERED NUMBER: 04860118 (England and Wales)















Financial Statements for the Year Ended 30 December 2021

for

Citywise Direct Marketing Limited

Citywise Direct Marketing Limited (Registered number: 04860118)






Contents of the Financial Statements
for the Year Ended 30 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Citywise Direct Marketing Limited

Company Information
for the Year Ended 30 December 2021







DIRECTOR: J S Leeor





REGISTERED OFFICE: 100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE





REGISTERED NUMBER: 04860118 (England and Wales)





ACCOUNTANTS: Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE

Citywise Direct Marketing Limited (Registered number: 04860118)

Balance Sheet
30 December 2021

30.12.21 30.12.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,544 4,720
3,544 4,720

CURRENT ASSETS
Debtors 6 200,692 201,287
Cash at bank and in hand 2,443 3,864
203,135 205,151
CREDITORS
Amounts falling due within one year 7 95,353 98,864
NET CURRENT ASSETS 107,782 106,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,326

111,007

CREDITORS
Amounts falling due after more than one
year

8

(50,633

)

(50,000

)

PROVISIONS FOR LIABILITIES (674 ) (986 )
NET ASSETS 60,019 60,021

CAPITAL AND RESERVES
Called up share capital 9 60,000 60,000
Retained earnings 19 21
SHAREHOLDERS' FUNDS 60,019 60,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2021 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.

Citywise Direct Marketing Limited (Registered number: 04860118)

Balance Sheet - continued
30 December 2021


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 September 2022 and were signed by:





J S Leeor - Director


Citywise Direct Marketing Limited (Registered number: 04860118)

Notes to the Financial Statements
for the Year Ended 30 December 2021

1. STATUTORY INFORMATION

Citywise Direct Marketing Limited is a private company, limited by shares , registered in England and Wales. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2020 - 4 ) .

Citywise Direct Marketing Limited (Registered number: 04860118)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2021

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 December 2020
and 30 December 2021 75,000
AMORTISATION
At 31 December 2020
and 30 December 2021 75,000
NET BOOK VALUE
At 30 December 2021 -
At 30 December 2020 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 December 2020
and 30 December 2021 56,108
DEPRECIATION
At 31 December 2020 51,388
Charge for year 1,176
At 30 December 2021 52,564
NET BOOK VALUE
At 30 December 2021 3,544
At 30 December 2020 4,720

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.21 30.12.20
£    £   
Trade debtors 4,580 -
Amounts owed by associates 194,464 201,287
Other debtors 1,648 -
200,692 201,287

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.21 30.12.20
£    £   
Hire purchase contracts - 9,433
Trade creditors 6,642 339
Taxation and social security 86,012 83,684
Other creditors 2,699 5,408
95,353 98,864

Citywise Direct Marketing Limited (Registered number: 04860118)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2021

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.12.21 30.12.20
£    £   
Other creditors 50,633 50,000

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 50,633 50,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.12.21 30.12.20
value: £    £   
15,000 Ordinary A £1 15,000 15,000
15,000 Ordinary B £1 15,000 15,000
30,000 Ordinary C £1 30,000 30,000
60,000 60,000

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is £1,648 (2020 £9 creditor) due from the director, this loan is interest free and repayable on demand.

11. RELATED PARTY DISCLOSURES

During the year the company has made various transactions with two associate companies, Creative Works (UK) Ltd and Rathbone Project Management (SW1 2012-13) Ltd.

Included in debtors is an amount of £113,127 owed from Rathbone Project Management (SW1 2012-13) Ltd, £81,337 is owed from Creative Works (UK) Ltd.

12. ULTIMATE CONTROLLING PARTY

During the period the company was under the control of the directors.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Citywise Direct Marketing Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Citywise Direct Marketing Limited for the year ended 30 December 2021 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Citywise Direct Marketing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Citywise Direct Marketing Limited and state those matters that we have agreed to state to the director of Citywise Direct Marketing Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Citywise Direct Marketing Limited and its director for our work or for this report.

It is your duty to ensure that Citywise Direct Marketing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Citywise Direct Marketing Limited. You consider that Citywise Direct Marketing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Citywise Direct Marketing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE


Date: .............................................