HIGHJAM MARKETING LIMITED

Company Registration Number:
09053170 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

HIGHJAM MARKETING LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

HIGHJAM MARKETING LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Laura Walton
Kate Roche
Registered office: Studio 461
China Works, Black Prince Road
London
England
SE1 7SJ
Company Registration Number: 09053170 (England and Wales)

HIGHJAM MARKETING LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Additional information

2022/2023 has continued to see significant growth in turnover after the downturn caused by the Coronavirus Pandemic through both existing customers and new acquisitions. With a positive outlook ahead, additional investment was made to support the growing business particularly in personnel and sales and marketing resulting in higher overhead costs than the previous year.

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Laura Walton
Kate Roche

This report was approved by the board of directors on 21 November 2023
And Signed On Behalf Of The Board By:

Name: Laura Walton
Status: Director

HIGHJAM MARKETING LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,282 2,462
Total fixed assets: 2,282 2,462
Current assets
Debtors: 5 66,356 50,854
Cash at bank and in hand: 128,029 84,995
Total current assets: 194,385 135,849
Creditors: amounts falling due within one year: 6 ( 149,946 ) ( 91,328 )
Net current assets (liabilities): 44,439 44,521
Total assets less current liabilities: 46,721 46,983
Creditors: amounts falling due after more than one year: 7 ( 37,070 ) ( 42,623 )
Total net assets (liabilities): 9,651 4,360

The notes form part of these financial statements

HIGHJAM MARKETING LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 9,451 4,160
Shareholders funds: 9,651 4,360

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 November 2023
And Signed On Behalf Of The Board By:

Name: Laura Walton
Status: Director

The notes form part of these financial statements

HIGHJAM MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

    Office Equipment - 25% on cost

HIGHJAM MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 125 37

HIGHJAM MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

HIGHJAM MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2022 8,427 8,427
Additions 1,466 1,466
Disposals ( 1,025 ) ( 1,025 )
Revaluations - -
Transfers - -
At 28 February 2023 8,868 8,868
Depreciation
At 01 March 2022 5,965 5,965
Charge for year 1,066 1,066
On disposals ( 445 ) ( 445 )
Other adjustments - -
At 28 February 2023 6,586 6,586
Net book value
At 28 February 2023 2,282 2,282
At 28 February 2022 2,462 2,462

HIGHJAM MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Trade debtors 62,497 39,166
Other debtors 3,859 11,688
Total 66,356 50,854

HIGHJAM MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 9,442 12,799
Trade creditors 21,957 3,284
Taxation and social security 41,767 17,212
Accruals and deferred income 13,864 18,392
Other creditors 62,916 39,641
Total 149,946 91,328

On 19th May 2020 the company obtained a £50,000 loan on the Government Bounce Back Scheme. An amount of £5,209 (2022 £5,120) relating to this loan is included in the total £9,442 (2022 £12,799) above. The loan is repayable over 10 years and no interest or repayments were due within the first 12 months. A 6 month payment holiday was taken during the previous year. Interest will be charged at 2.5% for years 2-10. This loan is secured by the government on the banks behalf.

HIGHJAM MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 37,070 42,623
Total 37,070 42,623

On 19th May 2020 the company obtained a £50,000 loan on the Government Bounce Back Scheme. An amount of £5,209 (2022 £5,120) relating to this loan is included in the total £9,442 (2022 £12,799) above. The loan is repayable over 10 years and no interest or repayments were due within the first 12 months. A 6 month payment holiday was taken during the previous year. Interest will be charged at 2.5% for years 2-10. This loan is secured by the government on the banks behalf.