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REGISTERED NUMBER: 02563621 (England and Wales)















Financial Statements for the Year Ended 31st December 2023

for

Sponsorship & Programme Planning Ltd.

Sponsorship & Programme Planning Ltd. (Registered number: 02563621)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sponsorship & Programme Planning Ltd.

Company Information
for the Year Ended 31st December 2023







DIRECTORS: Mrs L Alexander
Ms E Fletcher





REGISTERED OFFICE: 34-35 Clarges Street
Mayfair
London
W1J 7EJ





REGISTERED NUMBER: 02563621 (England and Wales)





ACCOUNTANTS: Sampson Fielding Ltd
34 - 35 Clarges Street
Mayfair
London
W1J 7EJ

Sponsorship & Programme Planning Ltd. (Registered number: 02563621)

Balance Sheet
31st December 2023

31/12/23 31/12/22
Notes £    £   
CURRENT ASSETS
Debtors 4 134,904 118,736
Cash at bank 562,700 804,041
697,604 922,777
CREDITORS
Amounts falling due within one year 5 173,994 391,795
NET CURRENT ASSETS 523,610 530,982
TOTAL ASSETS LESS CURRENT LIABILITIES 523,610 530,982

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 523,510 530,882
SHAREHOLDERS' FUNDS 523,610 530,982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 10th September 2024 and were signed on its behalf by:




Ms E Fletcher - Director



Mrs L Alexander - Director


Sponsorship & Programme Planning Ltd. (Registered number: 02563621)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Sponsorship & Programme Planning 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 comprises revenue recognised by the company in respect of goods and services supplied
during the year, exclusive of Value Added Tax and trade discounts.

Sponsorship and media consultancy services are recognised at the time when the services are
provided.

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.

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 7 (2022 - 6 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 89,475 116,710
Other debtors 45,429 2,026
134,904 118,736

Sponsorship & Programme Planning Ltd. (Registered number: 02563621)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 11,128 156,050
Taxation and social security 58,208 82,376
Other creditors 104,658 153,369
173,994 391,795