IRIS Accounts Production v24.3.0.553 08834390 Board of Directors 29.12.22 28.12.23 28.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088343902022-12-28088343902023-12-28088343902022-12-292023-12-28088343902021-12-28088343902021-12-292022-12-28088343902022-12-2808834390ns15:EnglandWales2022-12-292023-12-2808834390ns14:PoundSterling2022-12-292023-12-2808834390ns10:Director12022-12-292023-12-2808834390ns10:PrivateLimitedCompanyLtd2022-12-292023-12-2808834390ns10:SmallEntities2022-12-292023-12-2808834390ns10:AuditExempt-NoAccountantsReport2022-12-292023-12-2808834390ns10:SmallCompaniesRegimeForDirectorsReport2022-12-292023-12-2808834390ns10:SmallCompaniesRegimeForAccounts2022-12-292023-12-2808834390ns10:FullAccounts2022-12-292023-12-2808834390ns10:Director22022-12-292023-12-2808834390ns10:RegisteredOffice2022-12-292023-12-2808834390ns5:CurrentFinancialInstruments2023-12-2808834390ns5:CurrentFinancialInstruments2022-12-2808834390ns5:Non-currentFinancialInstruments2023-12-2808834390ns5:Non-currentFinancialInstruments2022-12-2808834390ns5:ShareCapital2023-12-2808834390ns5:ShareCapital2022-12-2808834390ns5:RetainedEarningsAccumulatedLosses2023-12-2808834390ns5:RetainedEarningsAccumulatedLosses2022-12-2808834390ns5:PlantMachinery2022-12-292023-12-2808834390ns5:PlantMachinery2022-12-2808834390ns5:PlantMachinery2023-12-2808834390ns5:PlantMachinery2022-12-2808834390ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-2808834390ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-28
REGISTERED NUMBER: 08834390 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 DECEMBER 2023

FOR

MAKE AGENCY LIMITED

MAKE AGENCY LIMITED (REGISTERED NUMBER: 08834390)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAKE AGENCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 DECEMBER 2023







DIRECTORS: T Witcherley
A C Purkiss





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 08834390 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

MAKE AGENCY LIMITED (REGISTERED NUMBER: 08834390)

BALANCE SHEET
28 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,508 4,319

CURRENT ASSETS
Stocks 89,216 42,110
Debtors 5 784,197 448,099
Cash at bank 169,987 430,016
1,043,400 920,225
CREDITORS
Amounts falling due within one year 6 660,386 643,227
NET CURRENT ASSETS 383,014 276,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

386,522

281,317

CREDITORS
Amounts falling due after more than one
year

7

88,722

84,674
NET ASSETS 297,800 196,643

CAPITAL AND RESERVES
Called up and paid share capital 100 100
Retained earnings 297,700 196,543
SHAREHOLDERS' FUNDS 297,800 196,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

MAKE AGENCY LIMITED (REGISTERED NUMBER: 08834390)

BALANCE SHEET - continued
28 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2024 and were signed on its behalf by:





T Witcherley - Director


MAKE AGENCY LIMITED (REGISTERED NUMBER: 08834390)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 DECEMBER 2023


1. STATUTORY INFORMATION

Make 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.
Plant and machinery etc - 20% 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.

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


MAKE AGENCY LIMITED (REGISTERED NUMBER: 08834390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 23 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 December 2022 60,849
Additions 2,043
At 28 December 2023 62,892
DEPRECIATION
At 29 December 2022 56,530
Charge for year 2,854
At 28 December 2023 59,384
NET BOOK VALUE
At 28 December 2023 3,508
At 28 December 2022 4,319

MAKE AGENCY LIMITED (REGISTERED NUMBER: 08834390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 547,800 388,983
Amounts owed by group undertakings 210 -
Other debtors 236,187 59,116
784,197 448,099

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,015 34,681
Taxation and social security 535,778 474,882
Other creditors 114,593 133,664
660,386 643,227

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,908 29,923
Other creditors 68,814 54,751
88,722 84,674

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the director operated a loan with the company with no fixed terms of repayment or interest. Amounts advanced during the year were £129,602 (2022 - £51,589) and repayments during the year were £51,589 (2022 - £nil). At the year end the amount owing to the company was £129,602 (2022 - £51,589).