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Company Registration No. 10790545 (England and Wales)
THE MARKETING BEAN LTD Unaudited accounts for the year ended 31 May 2023
THE MARKETING BEAN LTD Unaudited accounts Contents
Page
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THE MARKETING BEAN LTD Company Information for the year ended 31 May 2023
Directors
Rebecca Anne Baker Anne Elizabeth Price
Company Number
10790545 (England and Wales)
Registered Office
OFFICE 42 IMEX BUSINESS CENTRE OXLEASOW ROAD REDDITCH B98 0RE ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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THE MARKETING BEAN LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
910 
1,059 
Creditors: amounts falling due within one year
(1,688)
(1,621)
Net current liabilities
(778)
(562)
Net liabilities
(778)
(562)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(878)
(662)
Shareholders' funds
(778)
(562)
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2024 and were signed on its behalf by
Rebecca Anne Baker Director Company Registration No. 10790545
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THE MARKETING BEAN LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
THE MARKETING BEAN LTD is a private company, limited by shares, registered in England and Wales, registration number 10790545. The registered office is OFFICE 42 IMEX BUSINESS CENTRE, OXLEASOW ROAD, REDDITCH, B98 0RE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
Going Concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
600 
At 31 May 2023
600 
Depreciation
At 1 June 2022
600 
At 31 May 2023
600 
Net book value
At 31 May 2023
- 
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THE MARKETING BEAN LTD Notes to the Accounts for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
(67)
Proposed dividends
1,390 
1,390 
Accruals
298 
298 
1,688 
1,621 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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