1 October 2023 v2025.14.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP031610452023-10-012024-09-30031610452024-09-30031610452023-09-3003161045core:WithinOneYear2024-09-3003161045core:WithinOneYear2023-09-3003161045core:AfterOneYear2023-09-3003161045core:ShareCapital2024-09-3003161045core:ShareCapital2023-09-3003161045core:SharePremium2024-09-3003161045core:SharePremium2023-09-3003161045core:RetainedEarningsAccumulatedLosses2024-09-3003161045core:RetainedEarningsAccumulatedLosses2023-09-3003161045bus:Director12023-10-012024-09-3003161045bus:Director22023-10-012024-09-3003161045core:FurnitureFittings2023-10-012024-09-3003161045core:MotorVehicles2023-10-012024-09-3003161045core:OfficeEquipment2023-10-012024-09-30031610452022-10-012023-09-3003161045core:PlantMachinery2023-10-0103161045core:PlantMachinery2023-10-012024-09-3003161045core:PlantMachinery2024-09-3003161045core:PlantMachinery2023-09-300316104512023-10-012024-09-3003161045countries:EnglandWales2023-10-012024-09-3003161045bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3003161045bus:PrivateLimitedCompanyLtd2023-10-012024-09-3003161045bus:SmallEntities2023-10-012024-09-3003161045bus:FullAccounts2023-10-012024-09-30
Company registration number:
03161045
Armadillo Marketing Limited
Unaudited Filleted Financial Statements for the year ended
30 September 2024
Armadillo Marketing Limited
Statement of Financial Position
30 September 2024
20242023
Note££
Fixed assets    
Tangible assets 5
13,099
 
24,846
 
Current assets    
Stocks
24,343
 
34,987
 
Debtors 6
98,930
 
383,082
 
Cash at bank and in hand
118,823
 
(35,775
)
242,096
 
382,294
 
Creditors: amounts falling due within one year 7
(140,505
)
(306,690
)
Net current assets
101,591
 
75,604
 
Total assets less current liabilities 114,690   100,450  
Creditors: amounts falling due after more than one year 8 -  
(12,500
)
Net assets
114,690
 
87,950
 
Capital and reserves    
Called up share capital
119
 
119
 
Share premium
79,981
 
79,981
 
Profit and loss account
34,590
 
7,850
 
Shareholders funds
114,690
 
87,950
 
For the year ending
30 September 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 financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
6 March 2025
, and are signed on behalf of the board by:
Mr DR Bide
Mr B Gesner
DirectorDirector
Company registration number:
03161045
Armadillo Marketing Limited
Notes to the Financial Statements
Year ended
30 September 2024

1 General information

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision and installation of lighting equipment in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Research and development

Expenditure on pure and applied research has been written off in the period for which it was incurred through the profit and loss account.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
25% reducing balance
Motor vehicles
25% reducing balance
Office equipment
25% reducing balance

Stocks

Stocks of lighting equipment and consumables are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost is determined on the first-in, first-out (FIFO) method. Cost includes the purchase price, including taxes and duties and transport and handling directly attributable to bringing the inventory to its present location and condition.

Government grants

Government grants are assistance by government in the form of a transfer of resources to an entity in return for past or future compliance with specified conditions relating to the operating activities of the entity. Grants are recognised in the profit and loss account at the date they are received, under the performance model.

Defined contribution pension plan

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.

Foreign currencies

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

4 Average number of employees

The average number of persons employed by the company during the year was
6
(2023:
10.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 October 2023
105,729
 
Additions
2,107
 
At
30 September 2024
107,836
 
Depreciation  
At
1 October 2023
80,883
 
Charge
13,854
 
At
30 September 2024
94,737
 
Carrying amount  
At
30 September 2024
13,099
 
At 30 September 2023
24,846
 

6 Debtors

20242023
££
Trade debtors
72,120
 
357,720
 
Other debtors
26,810
 
25,362
 
98,930
 
383,082
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
8,333
 
50,000
 
Trade creditors
78,980
 
98,782
 
Taxation and social security
24,879
 
84,438
 
Other creditors
28,313
 
73,470
 
140,505
 
306,690
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts -  
12,500
 

9 Guarantees and other financial commitments

The total future minimum lease payments under non-cancellable operating leases are:
Later than 1 year and not later than 5 years £41,659 (2023 - £41,659)