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REGISTERED NUMBER: 02159548 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

ELECTRONICS MARKETING LIMITED

ELECTRONICS MARKETING LIMITED (REGISTERED NUMBER: 02159548)

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


ELECTRONICS MARKETING LIMITED

COMPANY INFORMATION
For The Year Ended 30 April 2023







DIRECTORS: P M Fifield
D C Penton
A F Shephard
C J King
L Palmer





SECRETARY: A F Shephard





REGISTERED OFFICE: The Albany Boathouse
Lower Ham Road
Kingston Upon Thames
Surrey
KT2 5BB





REGISTERED NUMBER: 02159548 (England and Wales)





ACCOUNTANTS: Redfin Management Limited
111 Charterhouse Street
Farringdon
London
EC1M 6AW

ELECTRONICS MARKETING LIMITED (REGISTERED NUMBER: 02159548)

BALANCE SHEET
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,390 48,957

CURRENT ASSETS
Debtors 5 472,361 318,202
Cash in hand 722,841 986,176
1,195,202 1,304,378
CREDITORS
Amounts falling due within one year 6 421,180 512,335
NET CURRENT ASSETS 774,022 792,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

815,412

841,000

PROVISIONS FOR LIABILITIES 7,168 -
NET ASSETS 808,244 841,000

CAPITAL AND RESERVES
Called up share capital 3,110 3,110
Share premium 426,401 426,401
Capital redemption reserve 3,362 3,362
Retained earnings 375,371 408,127
808,244 841,000

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.

ELECTRONICS MARKETING LIMITED (REGISTERED NUMBER: 02159548)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by:





A F Shephard - Director


ELECTRONICS MARKETING LIMITED (REGISTERED NUMBER: 02159548)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2023


1. STATUTORY INFORMATION

Electronics 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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.

ELECTRONICS MARKETING LIMITED (REGISTERED NUMBER: 02159548)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2023


2. ACCOUNTING POLICIES - continued

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 31 (2022 - 28 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 492,966
Additions 6,229
At 30 April 2023 499,195
DEPRECIATION
At 1 May 2022 444,009
Charge for year 13,796
At 30 April 2023 457,805
NET BOOK VALUE
At 30 April 2023 41,390
At 30 April 2022 48,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 417,130 280,764
Other debtors 55,231 37,438
472,361 318,202

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 76,957 109,763
Taxation and social security 321,105 330,174
Other creditors 23,118 72,398
421,180 512,335

ELECTRONICS MARKETING LIMITED (REGISTERED NUMBER: 02159548)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2023


7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is deemed to be Deborah Penton by virtue of her majority shareholding in the ultimate parent company Albatross 2020 Limited.