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REGISTERED NUMBER: 07091322 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Makalu Digital Marketing Limited

Makalu Digital Marketing Limited (Registered number: 07091322)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Makalu Digital Marketing Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S D Davies
C S Buzzel





REGISTERED OFFICE: The Old School
Blaby Road
Enderby
Leicester
Leicestershire
LE19 4AR





REGISTERED NUMBER: 07091322 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Makalu Digital Marketing Limited (Registered number: 07091322)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,181 13,986
Investments 5 346,893 372,317
357,074 386,303

CURRENT ASSETS
Debtors 6 134,956 307,279
Cash at bank 367,062 119,494
502,018 426,773
CREDITORS
Amounts falling due within one year 7 (218,837 ) (283,979 )
NET CURRENT ASSETS 283,181 142,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

640,255

529,097

PROVISIONS FOR LIABILITIES (2,546 ) (3,497 )
NET ASSETS 637,709 525,600

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings 637,679 525,570
637,709 525,600

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

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

Makalu Digital Marketing Limited (Registered number: 07091322)

Balance Sheet - continued
31 December 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 22 July 2024 and were signed on its behalf by:





S D Davies - Director


Makalu Digital Marketing Limited (Registered number: 07091322)

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

1. STATUTORY INFORMATION

Makalu Digital 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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33 1/3% on cost

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.

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.

Fixed asset investments
Fixed asset investments are valued at cost and reviewed annually for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

Makalu Digital Marketing Limited (Registered number: 07091322)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 15,802 64,525 80,327
Additions - 7,169 7,169
At 31 December 2023 15,802 71,694 87,496
DEPRECIATION
At 1 January 2023 12,055 54,286 66,341
Charge for year 750 10,224 10,974
At 31 December 2023 12,805 64,510 77,315
NET BOOK VALUE
At 31 December 2023 2,997 7,184 10,181
At 31 December 2022 3,747 10,239 13,986

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023 372,317
Disposals (25,424 )
At 31 December 2023 346,893
NET BOOK VALUE
At 31 December 2023 346,893
At 31 December 2022 372,317

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 79,545 263,868
Other debtors 55,411 43,411
134,956 307,279

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 31,515 30,970
Taxation and social security 154,025 166,300
Other creditors 33,297 86,709
218,837 283,979

Other creditors includes accruals and deferred income of £2,575 (2022: £2,550).

Makalu Digital Marketing Limited (Registered number: 07091322)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
R P Davis
Balance outstanding at start of year - -
Amounts advanced - 213
Amounts repaid - (213 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

C S Buzzel
Balance outstanding at start of year - -
Amounts advanced 421 2,829
Amounts repaid (421 ) (2,829 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The above loans were interest free and repayable on demand.