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REGISTERED NUMBER: 07402351 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THE MARKETING GROUP (2001) LIMITED

THE MARKETING GROUP (2001) LIMITED (REGISTERED NUMBER: 07402351)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE MARKETING GROUP (2001) LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: T P G Perutz
Mrs N H Winn
J D Roberts





SECRETARY: J D Roberts





REGISTERED OFFICE: Nimlok House
Booth Drive
Park Farm Industrial Estate
Wellingborough
NN8 6NL





REGISTERED NUMBER: 07402351 (England and Wales)





ACCOUNTANTS: Beeley Hawley & Co. Ltd
Chartered Accountants
42-44 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BL

THE MARKETING GROUP (2001) LIMITED (REGISTERED NUMBER: 07402351)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,277,904 2,277,904

CURRENT ASSETS
Cash at bank 1,817 -

CREDITORS
Amounts falling due within one year 5 2,246,866 2,246,089
NET CURRENT LIABILITIES (2,245,049 ) (2,246,089 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,855

31,815

CAPITAL AND RESERVES
Called up share capital 6 100,000 100,000
Share premium 337,500 337,500
Retained earnings (404,645 ) (405,685 )
SHAREHOLDERS' FUNDS 32,855 31,815

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.

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 20 September 2024 and were signed on its behalf by:





Mrs N H Winn - Director


THE MARKETING GROUP (2001) LIMITED (REGISTERED NUMBER: 07402351)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

The Marketing Group (2001) 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.

Preparation of consolidated financial statements
The financial statements contain information about The Marketing Group (2001) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

THE MARKETING GROUP (2001) LIMITED (REGISTERED NUMBER: 07402351)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

4. FIXED ASSET INVESTMENTS

The following were subsidiary undertakings of the company:

Name Class of shares Holding

Creative Bridge Ltd Ordinary 100%
VU Creative Limited Ordinary 100%
TMG (2001) Limited Ordinary 100%
Bridge Communications (2003) Limited Ordinary 100%

Vu Creative Limited was dissolved on 9 January 2024. Bridge Communications (2003) Limited was dissolved on 6 February 2024.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 616
Amounts owed to group undertakings 2,106,866 2,041,683
Other creditors 70,000 -
Directors' current accounts 70,000 200,000
Accruals and deferred income - 3,790
2,246,866 2,246,089

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50,000 A Ordinary £1 50,000 50,000
50,000 B Ordinary £1 50,000 50,000
100,000 100,000

The shares rank equally in all respects other than dividend distribution.

7. CONTINGENT LIABILITIES

There is a company cross guarantee and first debenture in respect of all companies in the group headed by The Marketing Group (2001) Limited. The amounts subject to this guarantee at 31 December 2023 totalled £79,345 (2022: £118,094).

8. DIRECTOR'S PERSONAL GUARANTEE

N Winn has provided a personal guarantee in the amount of £30,000 (2022 £30,000) in respect of the overdraft facility with Natwest Bank PLC.

THE MARKETING GROUP (2001) LIMITED (REGISTERED NUMBER: 07402351)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

9. RELATED PARTY DISCLOSURE

The company has taken advantage of the exemption conferred by Section 1A of FRS 102, to not disclose transactions entered into between two or more members of a group, provided that any subsidiary party to the transaction is wholly owned by such a member.

Included within other creditors is £70,000 (2022: £100,000) which was owed to N Winn via her Director's Loan Account. This balance is interest free and repayable upon demand.

Included within other creditors is £70,000 (2022: £100,000) which was owed to P3 Group Europe Limited, a shareholder of the company. This balance is interest free and repayable upon demand.

P3 Group Europe Limited has guaranteed company debts up to £110,000 (2022 : £110,000) in respect of the overdraft facility with Natwest Bank PLC.