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REGISTERED NUMBER: SC110898 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Marketing Management Services Limited

Marketing Management Services Limited (Registered number: SC110898)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Marketing Management Services Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: G R G Michaluk
Ms V B Michaluk





SECRETARY: Ms T Ballota





REGISTERED OFFICE: Arran Brewery Guest House
Whiting Bay
Isle Of Arran
KA27 8PZ





REGISTERED NUMBER: SC110898 (Scotland)





ACCOUNTANTS: Advantage Accounting (Scotland) Ltd
Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU

Marketing Management Services Limited (Registered number: SC110898)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,421 6,942
Investments 5 151,534 151,534
Investment property 6 243,060 270,067
401,015 428,543

CURRENT ASSETS
Stocks - 10,297
Debtors 7 1,634,077 1,459,812
Cash at bank 82,863 258,084
1,716,940 1,728,193
CREDITORS
Amounts falling due within one year 8 29,716 30,607
NET CURRENT ASSETS 1,687,224 1,697,586
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,088,239

2,126,129

PROVISIONS FOR LIABILITIES 1,605 1,319
NET ASSETS 2,086,634 2,124,810

CAPITAL AND RESERVES
Called up share capital 9 5,386 5,386
Share premium 10 1,678 1,678
Fair value reserve 10 579,827 579,827
Retained earnings 10 1,499,743 1,537,919
SHAREHOLDERS' FUNDS 2,086,634 2,124,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Marketing Management Services Limited (Registered number: SC110898)

Balance Sheet - continued
31 August 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 Board of Directors and authorised for issue on 26 May 2025 and were signed on its behalf by:





G R G Michaluk - Director


Marketing Management Services Limited (Registered number: SC110898)

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

1. STATUTORY INFORMATION

Marketing Management Services Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

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.
Plant and machinery - at variable rates on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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 NIL (2023 - NIL).

Marketing Management Services Limited (Registered number: SC110898)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 September 2023
and 31 August 2024 63,634
DEPRECIATION
At 1 September 2023 56,692
Charge for year 521
At 31 August 2024 57,213
NET BOOK VALUE
At 31 August 2024 6,421
At 31 August 2023 6,942

5. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 138,959 12,575 151,534
NET BOOK VALUE
At 31 August 2024 138,959 12,575 151,534
At 31 August 2023 138,959 12,575 151,534

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 652,000
DEPRECIATION
At 1 September 2023 381,933
Charge for year 27,007
At 31 August 2024 408,940
NET BOOK VALUE
At 31 August 2024 243,060
At 31 August 2023 270,067

Marketing Management Services Limited (Registered number: SC110898)

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

6. INVESTMENT PROPERTY - continued

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2020 579,827
Cost 72,173
652,000

The 2024 valuations were made by the director, on an open market value for existing use basis.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed by group undertakings 1,629,968 1,451,619
Directors' loan accounts 2,226 8,193
Prepayments 1,883 -
1,634,077 1,459,812

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 16 -
Other creditors 28,500 28,500
Accrued expenses 1,200 2,107
29,716 30,607

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
52,864 Ordinary £0.10 5,286 5,286
1,000 Ordinary B £0.10 100 100
5,386 5,386

10. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 September 2023 1,537,919 1,678 579,827 2,119,424
Deficit for the year (38,176 ) (38,176 )
At 31 August 2024 1,499,743 1,678 579,827 2,081,248

Marketing Management Services Limited (Registered number: SC110898)

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

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
G R G Michaluk
Balance outstanding at start of year 8,193 1,373
Amounts advanced - 7,000
Amounts repaid (5,000 ) (180 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,193 8,193

Amounts due from directors are unsecured, interest free and have no fixed terms of repayment.