Let's Do Marketing Limited 14640948 false 2023-02-06 2024-03-31 2024-03-31 The principal activity of the company is Provision of advertising services Digita Accounts Production Advanced 6.30.9574.0 true true true 14640948 2023-02-06 2024-03-31 14640948 2024-03-31 14640948 bus:OrdinaryShareClass1 2024-03-31 14640948 core:RetainedEarningsAccumulatedLosses 2024-03-31 14640948 core:ShareCapital 2024-03-31 14640948 core:CurrentFinancialInstruments 2024-03-31 14640948 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14640948 bus:SmallEntities 2023-02-06 2024-03-31 14640948 bus:AuditExemptWithAccountantsReport 2023-02-06 2024-03-31 14640948 bus:FullAccounts 2023-02-06 2024-03-31 14640948 bus:SmallCompaniesRegimeForAccounts 2023-02-06 2024-03-31 14640948 bus:RegisteredOffice 2023-02-06 2024-03-31 14640948 bus:Director1 2023-02-06 2024-03-31 14640948 bus:Director2 2023-02-06 2024-03-31 14640948 bus:Director3 2023-02-06 2024-03-31 14640948 bus:OrdinaryShareClass1 2023-02-06 2024-03-31 14640948 bus:PrivateLimitedCompanyLtd 2023-02-06 2024-03-31 14640948 bus:Agent1 2023-02-06 2024-03-31 14640948 core:OtherRelatedParties 2023-02-06 2024-03-31 14640948 1 2023-02-06 2024-03-31 14640948 countries:EnglandWales 2023-02-06 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14640948

Let's Do Marketing Limited

Annual Report and Unaudited Filleted Financial Statements

for the Period from 6 February 2023 to 31 March 2024

 

Let's Do Marketing Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Let's Do Marketing Limited

Company Information

Directors

G Marley

S M Pretty

S A Carter

Registered office

8 High Street
Heathfield
East Sussex
TN21 8LS

Bankers

Unity Trust Bank
PO Box 7193
Planetary Road
Willenhall
WV1 9DG

Accountants

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

 

Let's Do Marketing Limited

(Registration number: 14640948)
Balance Sheet as at 31 March 2024

Note

2024
£

Current assets

 

Debtors

4

1,425

Cash at bank and in hand

 

4,487

 

5,912

Creditors: Amounts falling due within one year

5

(6,409)

Net liabilities

 

(497)

Capital and reserves

 

Called up share capital

6

100

Retained earnings

(597)

Shareholders' deficit

 

(497)

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 October 2024 and signed on its behalf by:
 

.........................................
G Marley
Director

 

Let's Do Marketing Limited

Notes to the Unaudited Financial Statements for the Period from 6 February 2023 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8 High Street
Heathfield
East Sussex
TN21 8LS
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Let's Do Marketing Limited

Notes to the Unaudited Financial Statements for the Period from 6 February 2023 to 31 March 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 5.

4

Debtors

Note

2024
£

Trade debtors

 

1,050

Amounts owed by group undertakings and undertakings in which the company has a participating interest

7

375

 

1,425

 

Let's Do Marketing Limited

Notes to the Unaudited Financial Statements for the Period from 6 February 2023 to 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7

5,264

Taxation and social security

 

345

Accruals and deferred income

 

800

 

6,409

6

Share capital

Allotted, called up and not fully paid shares

 

2024

 

No.

£

Ordinary shares issued 6 February 2023 of £1 each

100

100

     

7

Related party transactions

Directors' remuneration

The directors' remuneration for the period was as follows:

2024
£

Remuneration

38,911

Contributions paid to money purchase schemes

1,142

40,053

 

Let's Do Marketing Limited

Notes to the Unaudited Financial Statements for the Period from 6 February 2023 to 31 March 2024

Summary of transactions with other related parties

Let's Do Business (South East) Group Limited is the parent of Let's Do Marketing Limited and Capitalise Business Support Limited.


 Various transactions between the parent and Let's Do Business Limited are paid/repaid on a regular basis. At the balance sheet date the amounts due from Let's Do Marketing was £5,709 (2023:NIL) including £345.10 of VAT liability.

Various transactions between Capitalise Business Support Limited and Let's Do Marketing Limited are paid/repaid on a regular basis. At the balance sheet date Let's Do Marketing was owed £375 (2023: NIL).

 

8

Parent and ultimate parent undertaking

The company's immediate parent is Let's Do Business (South East) Group Limited, incorporated in England and Wales.