Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true62023-01-01falseNo description of principal activity4falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13099442 2023-01-01 2023-12-31 13099442 2022-01-01 2022-12-31 13099442 2023-12-31 13099442 2022-12-31 13099442 c:Director1 2023-01-01 2023-12-31 13099442 c:Director2 2023-01-01 2023-12-31 13099442 c:Director3 2023-01-01 2023-12-31 13099442 c:RegisteredOffice 2023-01-01 2023-12-31 13099442 d:ComputerEquipment 2023-01-01 2023-12-31 13099442 d:ComputerEquipment 2023-12-31 13099442 d:ComputerEquipment 2022-12-31 13099442 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13099442 d:ComputerSoftware 2023-12-31 13099442 d:ComputerSoftware 2022-12-31 13099442 d:CurrentFinancialInstruments 2023-12-31 13099442 d:CurrentFinancialInstruments 2022-12-31 13099442 d:Non-currentFinancialInstruments 2023-12-31 13099442 d:Non-currentFinancialInstruments 2022-12-31 13099442 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13099442 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13099442 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 13099442 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 13099442 d:ShareCapital 2023-12-31 13099442 d:ShareCapital 2022-12-31 13099442 d:RetainedEarningsAccumulatedLosses 2023-12-31 13099442 d:RetainedEarningsAccumulatedLosses 2022-12-31 13099442 c:FRS102 2023-01-01 2023-12-31 13099442 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13099442 c:FullAccounts 2023-01-01 2023-12-31 13099442 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13099442 d:WithinOneYear 2023-12-31 13099442 d:WithinOneYear 2022-12-31 13099442 d:BetweenOneFiveYears 2023-12-31 13099442 d:BetweenOneFiveYears 2022-12-31 13099442 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 13099442







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


M3 MARKETING LTD






































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M3 MARKETING LTD
 


 
COMPANY INFORMATION


Directors
G McDonough 
M Rogers 
M Spearing 




Registered number
13099442



Registered office
Marlow International
Parkway

Marlow

Buckinghamshire

SL7 1YL




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


M3 MARKETING LTD
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


M3 MARKETING LTD
REGISTERED NUMBER:13099442



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
10,000
10,000

Tangible assets
 5 
16,131
3,655

  
26,131
13,655

Current assets
  

Debtors
  
296,874
269,182

Cash at bank and in hand
  
889,652
366,067

  
1,186,526
635,249

Creditors: amounts falling due within one year
 6 
(766,771)
(367,651)

Net current assets
  
 
 
419,755
 
 
267,598

Total assets less current liabilities
  
445,886
281,253

Creditors: amounts falling due after more than one year
 7 
(250,000)
(250,000)

  

Net assets
  
195,886
31,253


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
194,886
30,253

  
195,886
31,253


Page 1

 


M3 MARKETING LTD
REGISTERED NUMBER:13099442


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G McDonough
Director
Date: 16 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


M3 MARKETING LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

M3 Marketing Ltd is a private company, limited by shares, registered in England and Wales. The address of the registered office is given in the company information page of these financial statements. The company's place of business is Marlow International, Parkway, Marlow, Buckinghamshire, SL7 1YL.
The presentation currency of the financial statements is the Pound Sterling (£). 
The significant accounting policies applied in the preparation of these financial statements are set out below.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is generated through fundraising campaigns for Charities and organisations, and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 


M3 MARKETING LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 - 4).

Page 4

 


M3 MARKETING LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Intangible assets




Computer software

£



Cost


At 1 January 2023
10,000



At 31 December 2023

10,000






Net book value



At 31 December 2023
10,000



At 31 December 2022
10,000




5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 January 2023
5,624


Additions
17,110


Disposals
(669)



At 31 December 2023

22,065



Depreciation


At 1 January 2023
1,969


Charge for the year on owned assets
4,018


Disposals
(53)



At 31 December 2023

5,934



Net book value



At 31 December 2023
16,131



At 31 December 2022
3,655

Page 5

 


M3 MARKETING LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
10,461
167,388

Amounts owed to associated undertakings
44,176
-

Corporation tax
48,938
2,932

Other taxation and social security
129,330
3,590

Other creditors
717
407

Accruals and deferred income
533,149
193,334

766,771
367,651



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
250,000
250,000

250,000
250,000



8.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
76,830
-

Later than 1 year and not later than 5 years
49,200
-

126,030
-

 
Page 6