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REGISTERED NUMBER: 05742372















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Face Field Marketing Limited

Face Field Marketing Limited (Registered number: 05742372)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Face Field Marketing Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C Horridge
J Collins





SECRETARY: C Horridge





REGISTERED OFFICE: 20C Whitby House
Whitby Road
Milford-On-Sea
Hampshire
SO41 0ND





REGISTERED NUMBER: 05742372





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

Face Field Marketing Limited (Registered number: 05742372)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 17,059 17,891
17,059 17,891

CURRENT ASSETS
Debtors 6 235 -
Cash at bank 8,951 8,433
9,186 8,433
CREDITORS
Amounts falling due within one year 7 16,939 21,900
NET CURRENT LIABILITIES (7,753 ) (13,467 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,306

4,424

PROVISIONS FOR LIABILITIES 3,399 3,399
NET ASSETS 5,907 1,025

CAPITAL AND RESERVES
Called up share capital 520 520
Retained earnings 5,387 505
SHAREHOLDERS' FUNDS 5,907 1,025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 23 September 2024 and were signed on its behalf by:





C Horridge - Director


Face Field Marketing Limited (Registered number: 05742372)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Face Field Marketing Limited is a private company, limited by shares , registered in Not specified/Other. 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 derived from the ordinary activities of the business and is stated net of VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - in accordance with the property
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Office equipment - 25% on 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.

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 2 (2023 - 3 ) .

Face Field Marketing Limited (Registered number: 05742372)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 10,000
AMORTISATION
At 1 April 2023
and 31 March 2024 10,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Office
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 35,320 4,850 29,459 7,561 77,190
Additions - - - 1,172 1,172
At 31 March 2024 35,320 4,850 29,459 8,733 78,362
DEPRECIATION
At 1 April 2023 17,660 4,850 29,459 7,330 59,299
Charge for year 1,766 - - 238 2,004
At 31 March 2024 19,426 4,850 29,459 7,568 61,303
NET BOOK VALUE
At 31 March 2024 15,894 - - 1,165 17,059
At 31 March 2023 17,660 - - 231 17,891

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 235 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 44
Taxation and social security 1,255 693
Other creditors 15,684 21,163
16,939 21,900

8. ULTIMATE CONTROLLING PARTY

The controlling party is C Horridge.