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REGISTERED NUMBER: 07615307 (England and Wales)











Financial Statements

for the Year Ended 30 April 2023

for

VERVE MARKETING LONDON LTD

VERVE MARKETING LONDON LTD (REGISTERED NUMBER: 07615307)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VERVE MARKETING LONDON LTD

Company Information
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: D P Murdoch
P Beard





REGISTERED OFFICE: 66 Old Compton Street
London
W1D 4UH





REGISTERED NUMBER: 07615307 (England and Wales)





ACCOUNTANTS: Marchant Lewis Limited
105a Caversham Avenue
London
N13 4LL

VERVE MARKETING LONDON LTD (REGISTERED NUMBER: 07615307)

Balance Sheet
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,067 16,319

CURRENT ASSETS
Debtors 5 431,281 422,901
Cash at bank and in hand 1,068,363 940,126
1,499,644 1,363,027
CREDITORS
Amounts falling due within one year 6 184,857 200,524
NET CURRENT ASSETS 1,314,787 1,162,503
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,336,854

1,178,822

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,336,754 1,178,722
SHAREHOLDERS' FUNDS 1,336,854 1,178,822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

VERVE MARKETING LONDON LTD (REGISTERED NUMBER: 07615307)

Balance Sheet - continued
30 APRIL 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 Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by:





D P Murdoch - Director


VERVE MARKETING LONDON LTD (REGISTERED NUMBER: 07615307)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Verve Marketing London 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 - 25% on reducing balance
Computer equipment - 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.

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 17 (2022 - 11 ) .

VERVE MARKETING LONDON LTD (REGISTERED NUMBER: 07615307)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2022 9,412 42,475 51,887
Additions 455 12,649 13,104
At 30 April 2023 9,867 55,124 64,991
DEPRECIATION
At 1 May 2022 5,843 29,725 35,568
Charge for year 1,006 6,350 7,356
At 30 April 2023 6,849 36,075 42,924
NET BOOK VALUE
At 30 April 2023 3,018 19,049 22,067
At 30 April 2022 3,569 12,750 16,319

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 382,835 370,434
Other debtors - 50,320
VAT 30,387 -
Prepayments 18,059 2,147
431,281 422,901

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 104,607 54,896
Tax 39,594 29,590
Social security and other taxes - 76,260
Other creditors 33,666 33,666
Accrued expenses 6,990 6,112
184,857 200,524