Registered number: 6467339 | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
Prepared By: | ||||||||
Harvey Guinan LLP | ||||||||
Chartered Certified Accountants | ||||||||
Unit 17 Mersey House | ||||||||
Matchworks Estate, 140 Speke Road | ||||||||
Liverpool | ||||||||
Merseyside | ||||||||
L19 2PH |
Social Marketing Group Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Anna Alexander, Victorina Gonzalez-Diaz | ||||||||
REGISTERED OFFICE | ||||||||
Merseyside | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 6467339 | ||||||||
BANKERS | ||||||||
Santander plc, Starling, Revolut | ||||||||
ACCOUNTANTS | ||||||||
Harvey Guinan LLP | ||||||||
Chartered Certified Accountants | ||||||||
Unit 17 Mersey House | ||||||||
Matchworks Estate, 140 Speke Road | ||||||||
Liverpool | ||||||||
Merseyside | ||||||||
L19 2PH |
Social Marketing Group Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/01/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Social Marketing Group Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Current Asset Investments | 4 | |||||||||
Cash at bank and in hand | ||||||||||
1,843,416 | 2,255,948 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 2,071,241 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 1,697,007 | 2,072,120 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Social Marketing Group Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | straight line 25% | |||||||
Equipment | straight line 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Recognition Of Revenue | ||||||||
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. | ||||||||
Revenue from the sale of goods is recognised when goods are delivered and legal title has passed. |
1e. Current Asset Investments | ||||||||
Current asset investments represent amounts invested in cryptocurrency. The assets are stated at the lower of cost or net realisable value. |
Social Marketing Group Ltd | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||
Fixtures | ||||||
and Fittings | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/02/2022 | 1,898 | 18,987 | 20,885 | |||
At 31/01/2023 | 1,898 | 18,987 | 20,885 | |||
Depreciation | ||||||
At 01/02/2022 | 1,892 | 17,784 | 19,676 | |||
For the year | - | 655 | 655 | |||
At 31/01/2023 | 1,892 | 18,439 | 20,331 | |||
Net Book Amounts | ||||||
At 31/01/2023 | 554 | |||||
At 31/01/2022 | 1,209 | |||||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
PAYE/NIC Control | - | 611 | ||||||
Peer to Peer Loans | 7,041 | 12,172 | ||||||
7,041 | 12,783 | |||||||
4. CURRENT ASSET INVESTMENTS | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
ii Trading Shares Account | 69,224 | 185,963 | ||||||
Thematic Fund (investcentre) | 93,381 | 106,163 | ||||||
Offshore Investment Bond | - | 338,793 | ||||||
Fine Wine Investment | 24,027 | 24,027 | ||||||
Bullion Investment | 100,681 | 85,945 | ||||||
Cryptocurrency portfolio | 515,006 | 792,332 | ||||||
Assets held at year end comprised 2 share investment accounts holding a total of £162,605 at 31 January 2023, cryptocurrency purchased for £397,325 with a value of £515,006, fine wines purchased for £23,393 and valued at £24,027, and gold bullion and silver purchased for £80,150 and valued at £100,681 at 31 January 2022. | ||||||||
All investments are stated at their valuation at 31 January 2023. | ||||||||
Social Marketing Group Ltd | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 9,814 | 50,106 | ||||||
VAT | 40,888 | 60,261 | ||||||
PAYE/NIC Control | 167 | - | ||||||
Directors current account S Menday | 39,976 | 28,939 | ||||||
Directors current account S Alexander | 43,072 | 31,094 | ||||||
Directors current account G McEvoy | 351 | 1,135 | ||||||
Santander Credit Card | 4,642 | 5,850 | ||||||
Other creditors | 798 | 485 | ||||||
Accruals | 7,050 | 6,837 | ||||||
146,758 | 184,707 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 105 | 230 | ||||||
105 | 230 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
40 | 40 | |||||||
40 | 40 | |||||||
20 | 20 | |||||||
100 | 100 | |||||||
Social Marketing Group Ltd | ||||||||
9. GENERAL INFORMATION | ||||||||
Social Marketing Group Ltd is a private company limited by shares registered in England and Wales - registered number 06467339. Its registered office is 1a Stockville Road, Liverpool, Merseyside, L18 3EJ. | ||||||||
The accounts are presented in sterling which is the functional currency of the company. | ||||||||