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REGISTERED NUMBER: 06788389 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Cariad Marketing Ltd

Cariad Marketing Ltd (Registered number: 06788389)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cariad Marketing Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTOR: Mrs J Perry





REGISTERED OFFICE: The Old Boardroom
Collett Road
Ware
Hertfordshire
SG12 7LR





REGISTERED NUMBER: 06788389 (England and Wales)





ACCOUNTANTS: DSCO
The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR

Cariad Marketing Ltd (Registered number: 06788389)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,067 25,224

CURRENT ASSETS
Debtors 5 92,647 120,162
Cash at bank and in hand 96,004 54,076
188,651 174,238
CREDITORS
Amounts falling due within one year 6 148,707 123,598
NET CURRENT ASSETS 39,944 50,640
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,011

75,864

CREDITORS
Amounts falling due after more than one year 7 (19,333 ) (27,333 )

PROVISIONS FOR LIABILITIES 9 (2,545 ) (2,630 )
NET ASSETS 41,133 45,901

CAPITAL AND RESERVES
Called up share capital 10 40,750 40,750
Retained earnings 11 383 5,151
SHAREHOLDERS' FUNDS 41,133 45,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Cariad Marketing Ltd (Registered number: 06788389)

Balance Sheet - continued
31 January 2023


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 director and authorised for issue on 23 October 2023 and were signed by:





Mrs J Perry - Director


Cariad Marketing Ltd (Registered number: 06788389)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Cariad Marketing Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% 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.

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 18 (2022 - 24 ) .

Cariad Marketing Ltd (Registered number: 06788389)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2022 28,029 26,039 54,068
Additions - 5,155 5,155
At 31 January 2023 28,029 31,194 59,223
DEPRECIATION
At 1 February 2022 12,961 15,883 28,844
Charge for year 2,260 5,052 7,312
At 31 January 2023 15,221 20,935 36,156
NET BOOK VALUE
At 31 January 2023 12,808 10,259 23,067
At 31 January 2022 15,068 10,156 25,224

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 70,733 87,350
Other debtors 8,445 10,204
Directors' current accounts - 21,370
Tax 505 505
Prepayments 12,964 733
92,647 120,162

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 8,000 8,000
Trade creditors 15,970 7,867
Tax 4,813 -
Social security and other taxes 12,198 11,605
Pension Fund 2,354 2,334
VAT 49,566 42,551
Other creditors 11,461 10,627
Wages control 37,237 33,697
Directors' current accounts 116 -
Accrued expenses 6,992 6,917
148,707 123,598

Cariad Marketing Ltd (Registered number: 06788389)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans - 2-5 years 19,333 27,333

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.1.23 31.1.22
£    £   
Within one year 3,818 -
Between one and five years 5,727 -
9,545 -

Operating lease payments recognised as an expense in the year totalled £1,623 (2022: £0)

9. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 2,545 2,630

Deferred
tax
£   
Balance at 1 February 2022 2,630
Accelerated capital allowances (85 )
Balance at 31 January 2023 2,545

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
500 A Ordinary £1 500 500
40,250 B Ordinary £1 40,250 40,250
40,750 40,750

Cariad Marketing Ltd (Registered number: 06788389)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

11. RESERVES
Retained
earnings
£   

At 1 February 2022 5,151
Profit for the year 19,232
Dividends (24,000 )
At 31 January 2023 383

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

31.1.23 31.1.22
£    £   
Mrs J Perry
Balance outstanding at start of year 21,370 21,370
Amounts repaid (21,370 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 21,370

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £24,000 (2022 - £6,000) were paid to the director .

14. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J Perry.