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REGISTERED NUMBER: 09314190 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Drumbeat Marketing UK Ltd

Drumbeat Marketing UK Ltd (Registered number: 09314190)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Drumbeat Marketing UK Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: C M Allbones





REGISTERED OFFICE: 16 Walkerith Road
Morton
Gainsborough
Lincolnshire
DN21 3AL





REGISTERED NUMBER: 09314190 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Drumbeat Marketing UK Ltd (Registered number: 09314190)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,383 6,596

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 11,881 7,543
Cash in hand 2,302 2,302
24,183 19,845
CREDITORS
Amounts falling due within one year 6 74,786 51,193
NET CURRENT LIABILITIES (50,603 ) (31,348 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(46,220

)

(24,752

)

CREDITORS
Amounts falling due after more than one
year

7

34,490

46,000
NET LIABILITIES (80,710 ) (70,752 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (81,710 ) (71,752 )
SHAREHOLDERS' FUNDS (80,710 ) (70,752 )

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 director acknowledges his 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.

Drumbeat Marketing UK Ltd (Registered number: 09314190)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 11 November 2024 and were signed by:





C M Allbones - Director


Drumbeat Marketing UK Ltd (Registered number: 09314190)

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

1. STATUTORY INFORMATION

Drumbeat Marketing UK Ltd 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.

The director has considered the financial position of the company in light of its net liabilities at the year end date.
Following this review the director has a reasonable expectation that the company has access to adequate resources to continue in operational existence for the foreseeable future.
The company therefore continues to adopt the going concern basis in preparing these financial statements.

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.
Office equipment - 20% on reducing balance
Computer equipment - 33% 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.

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.

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 6 (2023 - 6 ) .

Drumbeat Marketing UK Ltd (Registered number: 09314190)

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

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2023 16,349 19,904 36,253
Additions - 516 516
At 31 March 2024 16,349 20,420 36,769
DEPRECIATION
At 1 April 2023 11,450 18,207 29,657
Charge for year 980 1,749 2,729
At 31 March 2024 12,430 19,956 32,386
NET BOOK VALUE
At 31 March 2024 3,919 464 4,383
At 31 March 2023 4,899 1,697 6,596

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 11,338 7,000
Prepayments 543 543
11,881 7,543

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 19,998 10,302
Credit card 11,032 10,728
Social security and other taxes 757 1,031
VAT 23,355 16,401
Other creditors 10,144 7,607
Drumbeat Local Ltd 4,141 2,421
Directors' current accounts 4,410 1,753
Accrued expenses 949 950
74,786 51,193

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 6,000 -
Bank loans - 2-5 years 28,490 46,000
34,490 46,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is C M Allbones.