Registered number
05723942
Political Lobbying & Media Relations Limited
Unaudited Filleted Accounts
30 April 2024
API Partnership Limited t/a Chandler & Georges
Chartered Accountants
75 Westow Hill
London
United Kingdom
SE19 1TX
Ph: 0208 761 2213
www.cgca.co.uk
Political Lobbying & Media Relations Limited
Registered number: 05723942
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 406,835 535,093
Tangible assets 4 146,075 153,210
Investments 5 2,950,567 3,902,549
3,503,477 4,590,852
Current assets
Stocks 128,842 146,983
Debtors 6 1,174,269 1,882,964
Cash at bank and in hand 257,396 278,769
1,560,507 2,308,716
Creditors: amounts falling due within one year 7 (2,083,597) (2,940,818)
Net current liabilities (523,090) (632,102)
Total assets less current liabilities 2,980,387 3,958,750
Creditors: amounts falling due after more than one year 8 (1,802,774) (2,660,342)
Provisions for liabilities (28,678) (30,462)
Net assets 1,148,935 1,267,946
Capital and reserves
Called up share capital 11 11
Share premium 99 99
Other reserve 10 (446,550) (446,550)
Profit and loss account 1,595,375 1,714,386
Shareholders' funds 1,148,935 1,267,946
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kevin Daniel Patrick Craig
Director
Approved by the board on 24 April 2025
Political Lobbying & Media Relations Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% reducing balance method
Fixtures, fittings, tools and equipment 15% reducing balance method
Motor vehicles over 10 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 61 49
3 Intangible fixed assets £
Goodwill:
Cost
At 1 May 2023 1,282,148
At 30 April 2024 1,282,148
Amortisation
At 1 May 2023 747,055
Provided during the year 128,258
At 30 April 2024 875,313
Net book value
At 30 April 2024 406,835
At 30 April 2023 535,093
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 May 2023 289,046 75,895 364,941
Additions 20,878 - 20,878
At 30 April 2024 309,924 75,895 385,819
Depreciation
At 1 May 2023 173,781 37,950 211,731
Charge for the year 20,425 7,588 28,013
At 30 April 2024 194,206 45,538 239,744
Net book value
At 30 April 2024 115,718 30,357 146,075
At 30 April 2023 115,265 37,945 153,210
5 Investments
Other
investments
£
Cost
At 1 May 2023 3,902,549
Movement in investments (951,982)
At 30 April 2024 2,950,567
Investments in a subsidiary companies are held at cost less accumulated impairment losses.
6 Debtors 2024 2023
£ £
Trade debtors 984,031 1,480,005
Other debtors 190,238 402,959
1,174,269 1,882,964
7 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 529,823 580,353
Trade creditors 265,158 248,218
Taxation and social security costs 652,828 906,698
Other creditors 635,788 1,205,549
2,083,597 2,940,818
8 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 476,889 1,195,401
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,121,718 960,774
Other creditors 204,167 504,167
1,802,774 2,660,342
Bank Loans falling due after one year, relate to additional funding availed by the company under Coronavirus Business Interruption Loan (CBILS). The current interest rate on this loan is 3.5% above base rate. The loan was re-financed with HSBC in August 2024.

Company received loan of £1,000,000 on 29 September 2021 at the rate of 3.75% above Coutts Base Rate which was repaid on 19th April 2024.

Company received additional loan of £600,000 on 4 August 2022 at the rate of 3.25% above Coutts Base Rate. The loan was re-financed with HSBC in August 2024.

Company received loan of £199,800 on 19 April 2024 at the rate of 3.75% above Bank of England Base Rate which is repayable by March 2025.

The bank has secured the loan under a Mortgage Debenture executed by the company incorporating a fixed and floating charge over all assets of the Company and its subsidiaries including book debts.
9 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 1,006,712 1,775,754
The bank has secured the loan under a Mortgage Debenture executed by the company incorporating a fixed and floating charge over all assets of the Company and its subsidiaries including book debts.
10 Other reserves 2024 2023
£ £
At 1 May 2023 (446,550) -
Effects of fundamental reorganisation - (446,550)
At 30 April 2024 (446,550) (446,550)
11 Related party transactions
In accordance with the exemption available in Section 33 of FRS 102; the company has not disclosed transactions with its 100% parent and fellow subsidiary companies within the group.

The company has availed of an exemption available in Section 1.12 of FRS 102 from the requirement to disclose details of the remuneration of 'Key Management Personnel'.
12 Controlling party
The company is controlled by Kevin Daniel Patrick Craig and Valerie Grace Burgess.
13 Other information
Political Lobbying & Media Relations Limited is a private company limited by shares and incorporated in England. Its registered office is:
75 Westow Hill
Crystal Palace
London
SE19 1TX
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