IRIS Accounts Production v24.3.0.553 07116476 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071164762023-03-31071164762024-03-31071164762023-04-012024-03-31071164762022-03-31071164762022-04-012023-03-31071164762023-03-3107116476ns15:EnglandWales2023-04-012024-03-3107116476ns14:PoundSterling2023-04-012024-03-3107116476ns10:Director12023-04-012024-03-3107116476ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107116476ns10:SmallEntities2023-04-012024-03-3107116476ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107116476ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107116476ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107116476ns10:AbridgedAccounts2023-04-012024-03-3107116476ns10:Director22023-04-012024-03-3107116476ns10:CompanySecretary12023-04-012024-03-3107116476ns10:RegisteredOffice2023-04-012024-03-3107116476ns5:CurrentFinancialInstruments2024-03-3107116476ns5:CurrentFinancialInstruments2023-03-3107116476ns5:ShareCapital2024-03-3107116476ns5:ShareCapital2023-03-3107116476ns5:RetainedEarningsAccumulatedLosses2024-03-3107116476ns5:RetainedEarningsAccumulatedLosses2023-03-3107116476ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-012024-03-3107116476ns5:PlantMachinery2023-04-012024-03-3107116476ns5:FurnitureFittings2023-04-012024-03-3107116476ns5:ComputerEquipment2023-04-012024-03-3107116476ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3107116476ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-3107116476ns5:WithinOneYear2024-03-3107116476ns5:WithinOneYear2023-03-3107116476ns5:BetweenOneFiveYears2024-03-3107116476ns5:BetweenOneFiveYears2023-03-3107116476ns5:AllPeriods2024-03-3107116476ns5:AllPeriods2023-03-3107116476ns5:DeferredTaxation2023-03-3107116476ns5:DeferredTaxation2023-04-012024-03-3107116476ns5:DeferredTaxation2024-03-3107116476ns10:Director222023-03-3107116476ns10:Director222022-03-3107116476ns10:Director222023-04-012024-03-3107116476ns10:Director222022-04-012023-03-3107116476ns10:Director222024-03-3107116476ns10:Director222023-03-31
REGISTERED NUMBER: 07116476 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

GINGERMAY MARKETING LIMITED

GINGERMAY MARKETING LIMITED (REGISTERED NUMBER: 07116476)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


GINGERMAY MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs V C G Usher
M Usher





SECRETARY: Mrs C Davidson





REGISTERED OFFICE: First Floor
51-55 Royal Victoria House
The Pantiles
Tunbridge Wells
Kent
TN2 5TE





REGISTERED NUMBER: 07116476 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

GINGERMAY MARKETING LIMITED (REGISTERED NUMBER: 07116476)

ABRIDGED BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 146,768 90,621

CURRENT ASSETS
Debtors 5 406,007 239,685
Investments 20,893 -
Cash at bank and in hand 785,543 570,361
1,212,443 810,046
CREDITORS
Amounts falling due within one year 353,230 286,042
NET CURRENT ASSETS 859,213 524,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,005,981

614,625

PROVISIONS FOR LIABILITIES 7 36,692 22,359
NET ASSETS 969,289 592,266

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 968,289 591,266
SHAREHOLDERS' FUNDS 969,289 592,266

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 October 2024 and were signed on its behalf by:





Mrs V C G Usher - Director


GINGERMAY MARKETING LIMITED (REGISTERED NUMBER: 07116476)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

GingerMay Marketing 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.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts and settlement discounts.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the term of the lease
Plant & machinery - 25% on reducing balance
Furniture,fittings & equipment - 25% on reducing balance
Computer equipment - Over 3 years

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.

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.

GINGERMAY MARKETING LIMITED (REGISTERED NUMBER: 07116476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


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.

Investment valuation
Unquoted investments held as current assets are stated at fair (estimated market) value. Changes in fair value are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2023 - 41 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 282,258
Additions 124,732
Disposals (34,928 )
At 31 March 2024 372,062
DEPRECIATION
At 1 April 2023 191,637
Charge for year 67,516
Eliminated on disposal (33,859 )
At 31 March 2024 225,294
NET BOOK VALUE
At 31 March 2024 146,768
At 31 March 2023 90,621

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other debtors 7,875 7,875

As disclosed within the note dealing with directors' advances, credits and guarantees, debtors include a loan of £77,129 made to the directors. The loan is interest bearing and repayable on demand.

Other debtors include rental deposits of £27,691 (2023: £23,319) which are unlikely to be repaid within the next 12 months.

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 86,493 26,368
Between one and five years 21,487 117
107,980 26,485

GINGERMAY MARKETING LIMITED (REGISTERED NUMBER: 07116476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 36,692 22,359

Deferred
tax
£   
Balance at 1 April 2023 22,359
Provided during year 14,333
Balance at 31 March 2024 36,692

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
M Usher
Balance outstanding at start of year (15,312 ) -
Amounts advanced 77,129 (15,312 )
Amounts repaid 15,312 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 77,129 (15,312 )

Interest of £819 (2023: £Nil) was charged at the official rate of interest of 2.25%. This loan was repaid in full by 31 December 2024.

9. RELATED PARTY DISCLOSURES

During the year the company made a loan of £77,129 (2023: £15,319 owed to the directors) to the directors (see note dealing with directors' advances, credits and guarantees). The loan is interest bearing and repayable on demand.