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REGISTERED NUMBER: 05953546 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2024

for

Marketing Derby Limited

Marketing Derby Limited (Registered number: 05953546)






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


Marketing Derby Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R Betts
J R Forkin
S J Hall
D M Martin
L E Richards
M Suleman
D J Boutcher
A R Maxwell
Y C Gorman
F G Cunningham
Prof C Bussell
R J Hobbs
B R Mcdonald
D L Smith
B S Shanker


SECRETARY: K Allen


REGISTERED OFFICE: The Old Post Office
Victoria Street
Derby
Derbyshire
DE1 1EQ


REGISTERED NUMBER: 05953546 (England and Wales)


AUDITORS: Bates Weston Audit Ltd
Statutory Auditors
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ


BANKERS: Royal Bank of Scotland plc

Marketing Derby Limited (Registered number: 05953546)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,130 2,790

CURRENT ASSETS
Debtors 5 160,755 206,607
Cash at bank and in hand 195,859 241,629
356,614 448,236
CREDITORS
Amounts falling due within one year 6 191,773 244,394
NET CURRENT ASSETS 164,841 203,842
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,971

206,632

CREDITORS
Amounts falling due after more than one
year

7

(12,231

)

(22,435

)

PROVISIONS FOR LIABILITIES (514 ) (514 )
NET ASSETS 169,226 183,683

RESERVES
Income and expenditure account 169,226 183,683
169,226 183,683

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 and Expenditure Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2024 and were signed on its behalf by:





R Betts - Director


Marketing Derby Limited (Registered number: 05953546)

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

1. STATUTORY INFORMATION

Marketing Derby Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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.

Income
The grant income, all of which arises in the United Kingdom, and which is not subject to Value Added Tax, represents funding receivable from various bodies to achieve the company's principal activity.

Bondholder income is recognised on a straight line basis over the period to which the bond relates.

Generated income from events is recognised at such point that the event takes place or amounts received become non-refundable.

Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Furniture and fixtures-20% per annum straight line
Computer equipment-33% per annum straight line

Pensions
The company contributes to personal pension plans of its employees and the pension charge in the income and expenditure account represents the amounts payable by the company during the period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

Marketing Derby Limited (Registered number: 05953546)

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

4. TANGIBLE FIXED ASSETS
Furniture
and Computer
fixtures equipment Totals
£    £    £   
COST
At 1 April 2023 15,378 23,483 38,861
Additions 15,695 538 16,233
At 31 March 2024 31,073 24,021 55,094
DEPRECIATION
At 1 April 2023 15,378 20,693 36,071
Charge for year 262 1,631 1,893
At 31 March 2024 15,640 22,324 37,964
NET BOOK VALUE
At 31 March 2024 15,433 1,697 17,130
At 31 March 2023 - 2,790 2,790

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 80,017 69,690
Tax - 4,221
Prepayments and accrued income 80,738 132,696
160,755 206,607

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,204 9,952
Trade creditors 9,106 17,050
Social security and other taxes 19,492 18,714
Accruals and deferred income 152,971 198,678
191,773 244,394

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,462 10,204
Bank loans - 2-5 years 1,769 12,231
12,231 22,435

Bank loans are guaranteed in full by the UK Government under the terms of the Bounce Back Loan Scheme.

8. LEASING AGREEMENTS

Minimum lease payments due under non-cancellable operating leases are £27,000 (2023: £52,200).

Marketing Derby Limited (Registered number: 05953546)

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

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Wayne Thomas FCA (Senior Statutory Auditor)
for and on behalf of Bates Weston Audit Ltd

10. RELATED PARTY DISCLOSURES

Several directors have separate interests and relations with other companies. Costs of transactions with these companies totalling £65,406 have been charged to the income and expenditure account within the year ended 31 March 2024 (2023: £59,174). At the year end no balance is outstanding (2023: £Nil).