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REGISTERED NUMBER: 03905564 (England and Wales)













DP PUBLICITY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






DP PUBLICITY LIMITED (REGISTERED NUMBER: 03905564)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DP PUBLICITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr D J Pitts
Mr I J Susans



REGISTERED OFFICE: Westfield House
7 Westfield Road
Wakefield
West Yorkshire
WF1 3RB



REGISTERED NUMBER: 03905564 (England and Wales)



ACCOUNTANTS: Harrison & Co
Chartered Accountants
531 Denby Dale Road West
Calder Grove
Wakefield
West Yorkshire
WF4 3ND



BANKERS: Yorkshire Bank plc

DP PUBLICITY LIMITED (REGISTERED NUMBER: 03905564)

ABRIDGED BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 34,875
Tangible assets 5 221 1,181
Investments 6 6,913,876 7,360,620
6,914,097 7,396,676

CURRENT ASSETS
Debtors 1,807,543 2,968,219
Cash at bank 2,055,326 2,639,421
3,862,869 5,607,640
CREDITORS
Amounts falling due within one year 3,756,122 5,613,817
NET CURRENT ASSETS/(LIABILITIES) 106,747 (6,177 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,020,844

7,390,499

PROVISIONS FOR LIABILITIES - 52
NET ASSETS 7,020,844 7,390,447

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7,020,842 7,390,445
SHAREHOLDERS' FUNDS 7,020,844 7,390,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

DP PUBLICITY LIMITED (REGISTERED NUMBER: 03905564)

ABRIDGED BALANCE SHEET - continued
30 JUNE 2024


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 Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 February 2025 and were signed on its behalf by:




Mr I J Susans - Director



Mr D J Pitts - Director


DP PUBLICITY LIMITED (REGISTERED NUMBER: 03905564)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

DP Publicity 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% Straight line

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.

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.

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 8 (2023 - 10 ) .

DP PUBLICITY LIMITED (REGISTERED NUMBER: 03905564)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023
and 30 June 2024 930,000
AMORTISATION
At 1 July 2023 895,125
Amortisation for year 34,875
At 30 June 2024 930,000
NET BOOK VALUE

At 30 June 2024 -
At 30 June 2023 34,875

Goodwill arose on the purchase of an unincorporated business in 2004 and is being amortised over 20 years. In the opinion of the directors, this represents a prudent estimate of the period over which the company will derive direct economic benefit from the products acquired as part of that business.

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 10,084 98,472 108,556
DEPRECIATION
At 1 July 2023 10,043 97,332 107,375
Charge for year 10 950 960
At 30 June 2024 10,053 98,282 108,335
NET BOOK VALUE
At 30 June 2024 31 190 221
At 30 June 2023 41 1,140 1,181

DP PUBLICITY LIMITED (REGISTERED NUMBER: 03905564)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 July 2023 7,360,620
Additions (446,744 )
At 30 June 2024 6,913,876
NET BOOK VALUE
At 30 June 2024 6,913,876
At 30 June 2023 7,360,620

7. RELATED PARTY DISCLOSURES

Pitts Developments Limited

£176,012 was due from them at the year end (2023 - due to them £389,552)

D P Publicity Group LLP

The company is a Member of D P Publicity Group LLP and has acted as an agent for the Partnership through out the year with regard to Sales and Purchases. As a consequence both business accounts should be read in conjunction with each other.

The amount due from Partnership at the year end amounted to £6,913,876 (2023 - £7,360,620)

There have been entries to the company reserves adjusting retained earnings by £512,887 relating to profit
allocations from DP Publicity LLP and a corresponding adjustment of £81,246 relating to the tax paid on this
amount. The net adjustment to reserves was £431,641. These adjustments are needed to reflect HMRC's
requested adjustments to the prior years profit shares as per ITTOIA 2005 s 850c changes.