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REGISTERED NUMBER: 10253135 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

ADSVENTURES (MARKETING) LIMITED

ADSVENTURES (MARKETING) LIMITED (REGISTERED NUMBER: 10253135)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADSVENTURES (MARKETING) LIMITED

COMPANY INFORMATION
for the year ended 30 June 2023







DIRECTOR: S M Ganach





REGISTERED OFFICE: Regents Court
39a Harrogate Road
Leeds
United Kingdom
LS7 3PD





REGISTERED NUMBER: 10253135 (England and Wales)





ACCOUNTANTS: J S White & Co Limited
25-29 Sandy Way
Yeadon
Leeds
LS19 7EW

ADSVENTURES (MARKETING) LIMITED (REGISTERED NUMBER: 10253135)

BALANCE SHEET
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,405 17,357

CURRENT ASSETS
Debtors 5 60,940 35,441
Cash at bank 8,765 29,400
69,705 64,841
CREDITORS
Amounts falling due within one year 6 68,815 62,904
NET CURRENT ASSETS 890 1,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,295

19,294

CREDITORS
Amounts falling due after more than one
year

7

(10,833

)

(15,833

)

PROVISIONS FOR LIABILITIES (2,357 ) (3,298 )
NET ASSETS 105 163

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5 63
SHAREHOLDERS' FUNDS 105 163

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ADSVENTURES (MARKETING) LIMITED (REGISTERED NUMBER: 10253135)

BALANCE SHEET - continued
30 June 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 29 September 2023 and were signed by:





S M Ganach - Director


ADSVENTURES (MARKETING) LIMITED (REGISTERED NUMBER: 10253135)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023

1. STATUTORY INFORMATION

Adsventures (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.

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.

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 6 (2022 - 7 ) .

ADSVENTURES (MARKETING) LIMITED (REGISTERED NUMBER: 10253135)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 12,941 15,955 28,896
DEPRECIATION
At 1 July 2022 3,235 8,304 11,539
Charge for year 2,427 2,525 4,952
At 30 June 2023 5,662 10,829 16,491
NET BOOK VALUE
At 30 June 2023 7,279 5,126 12,405
At 30 June 2022 9,706 7,651 17,357

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 29,069 29,416
Other debtors 31,871 6,025
60,940 35,441

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,000 5,000
Taxation and social security 58,641 42,907
Other creditors 5,174 14,997
68,815 62,904

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 10,833 15,833