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REGISTERED NUMBER: 07048051 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Given Agency Limited

Given Agency Limited (Registered number: 07048051)






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


Given Agency Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Ms R Willan
A C Nicholson
S Mclachlan





REGISTERED OFFICE: 168-178 Shoreditch High Street
London
E1 6HU





REGISTERED NUMBER: 07048051 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

Given Agency Limited (Registered number: 07048051)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,035 177,657

CURRENT ASSETS
Stocks 37,382 -
Debtors 5 1,420,024 1,981,777
Cash at bank and in hand 3,033,597 2,340,094
4,491,003 4,321,871
CREDITORS
Amounts falling due within one year 6 988,393 1,409,634
NET CURRENT ASSETS 3,502,610 2,912,237
TOTAL ASSETS LESS CURRENT LIABILITIES 3,628,645 3,089,894

PROVISIONS FOR LIABILITIES 8 31,509 44,414
NET ASSETS 3,597,136 3,045,480

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 3,597,036 3,045,380
SHAREHOLDERS' FUNDS 3,597,136 3,045,480

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.

Given Agency Limited (Registered number: 07048051)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





Ms R Willan - Director


Given Agency Limited (Registered number: 07048051)

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

1. STATUTORY INFORMATION

Given Agency 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixture & Fittings - 20% on cost
Computer Equipment - 50% on cost
Motor vehicles - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Given Agency Limited (Registered number: 07048051)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Debt instruments, like loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Given Agency Limited (Registered number: 07048051)

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

2. ACCOUNTING POLICIES - continued

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.

Impairment
At each reporting date, fixed assets, including tangible fixed assets and investments, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in profit and loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2022 - 42 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 394,288
Additions 15,078
Disposals (116,916 )
At 31 December 2023 292,450
DEPRECIATION
At 1 January 2023 216,631
Charge for year 66,700
Eliminated on disposal (116,916 )
At 31 December 2023 166,415
NET BOOK VALUE
At 31 December 2023 126,035
At 31 December 2022 177,657

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 865,797 1,530,662
Amounts owed by group undertakings 265,962 235,749
Other debtors 288,265 215,366
1,420,024 1,981,777

Given Agency Limited (Registered number: 07048051)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 64,567 104,292
Taxation and social security 473,730 423,439
Other creditors 450,096 881,903
988,393 1,409,634

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 27,932 127,410
Between one and five years - 27,932
27,932 155,342

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 31,509 44,414

Deferred
tax
£   
Balance at 1 January 2023 44,414
Provided during year (12,905 )
Balance at 31 December 2023 31,509

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary 1p 100 100

Given Agency Limited (Registered number: 07048051)

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

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
Ms R Willan
Balance outstanding at start of year - -
Amounts advanced 4,029 -
Amounts repaid (3,864 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 165 -

11. ULTIMATE CONTROLLING PARTY

The parent company is Given Agency Holding Limited, a company registered in England and Wales.

The ultimate controlling party of the company and group is CEP V Investment 36 S.à r.l., a private limited liability company incorporated in Luxembourg with a registered office at 2, Ave Charles de Gaulle, 1653 Luxembourg, Grand Duchy of Luxembourg. The Company's ultimate parent company is CEP V Participations S.à. r.l. SICAR, a private limited liability company incorporated in Luxembourg, qualifying as an investment company in risk capital and with a registered office at Ave Charles de Gaulle 2, 1653 Luxembourg, Luxembourg.