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Company Registration No. 03343393 (England and Wales)
Marketing Projects House Limited Unaudited accounts for the year ended 30 June 2024
Marketing Projects House Limited Unaudited accounts Contents
Page
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Marketing Projects House Limited Company Information for the year ended 30 June 2024
Director
M Bruzzone
Company Number
03343393 (England and Wales)
Registered Office
Congress House Lyon Road Harrow HA1 2EN United Kingdom
Accountants
Balmoral Consultancy Services Limited Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Marketing Projects House Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,044 
3,917 
Current assets
Debtors
24,902 
39,014 
Cash at bank and in hand
5,438 
9,481 
30,340 
48,495 
Creditors: amounts falling due within one year
(9,875)
(3,343)
Net current assets
20,465 
45,152 
Net assets
23,509 
49,069 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
22,509 
48,069 
Shareholders' funds
23,509 
49,069 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 March 2025 and were signed on its behalf by
M Bruzzone Director Company Registration No. 03343393
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Marketing Projects House Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Marketing Projects House Limited is a private company, limited by shares, registered in England and Wales, registration number 03343393. The registered office is Congress House, Lyon Road, Harrow, HA1 2EN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Foreign currency translation
Functional and presentational currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of income and retained earnings except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in the Statement of income and retained earnings within 'other operating income'.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 years Straight Line
Computer equipment
4 years Straight Line
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Marketing Projects House Limited Notes to the Accounts for the year ended 30 June 2024
Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably; and - the costs incurred and the costs to complete the contract can be measured reliably.
Taxation
Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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Marketing Projects House Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
6,495 
12,327 
18,822 
Additions
1,482 
- 
1,482 
At 30 June 2024
7,977 
12,327 
20,304 
Depreciation
At 1 July 2023
2,940 
11,965 
14,905 
Charge for the year
1,994 
361 
2,355 
At 30 June 2024
4,934 
12,326 
17,260 
Net book value
At 30 June 2024
3,043 
1 
3,044 
At 30 June 2023
3,555 
362 
3,917 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
56 
456 
Trade debtors
24,846 
38,558 
24,902 
39,014 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
33 
24 
Taxes and social security
- 
311 
Loans from directors
7,842 
1,008 
Accruals
2,000 
2,000 
9,875 
3,343 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Transactions with related parties
During the year under review, dividends amounting £Nil (2023: £6,000 ) were paid to the director, Mr M Bruzzone and his family members. As at the balance sheet date the sum of £7,842 (2023: £1,008) was owed to Mr M Bruzzone. There are no terms as to interest or repayment in respect of the balance.
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Marketing Projects House Limited Notes to the Accounts for the year ended 30 June 2024
9
Controlling party
During the year under review, the company was jointly controlled by M Bruzzone and A Bruzzone by virtue of their shareholding.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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