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Registration number: 08476142

Yes People Marketing Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Yes People Marketing Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Yes People Marketing Ltd

Company Information

Directors

S Baum

A W Watson

E A Watson

Registered office

128 City Road
London
EC1V 2NX

Accountants

Addicus Plus Limited
Chartered Certified Accountants4 The Axium Centre Dorchester Road
Lytchett Minster
Poole
Dorset
BH16 6FE

 

Yes People Marketing Ltd

(Registration number: 08476142)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

869

1,163

Current assets

 

Debtors

5

61,383

18,261

Cash at bank and in hand

 

126,203

138,703

 

187,586

156,964

Creditors: Amounts falling due within one year

6

(133,160)

(104,288)

Net current assets

 

54,426

52,676

Total assets less current liabilities

 

55,295

53,839

Creditors: Amounts falling due after more than one year

6

(25,455)

(31,357)

Provisions for liabilities

(217)

(291)

Net assets

 

29,623

22,191

Capital and reserves

 

Called up share capital

90

90

Retained earnings

29,533

22,101

Shareholders' funds

 

29,623

22,191

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Yes People Marketing Ltd

(Registration number: 08476142)
Balance Sheet as at 31 March 2025

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 June 2025 and signed on its behalf by:
 

S Baum
Director

A W Watson
Director

E A Watson
Director

     
 

Yes People Marketing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
128 City Road
London
EC1V 2NX

These financial statements were authorised for issue by the Board on 12 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Yes People Marketing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% on reducing balance

Defined contribution pension obligation

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.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 11).

 

Yes People Marketing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2024

4,009

4,009

At 31 March 2025

4,009

4,009

Depreciation

At 1 April 2024

2,846

2,846

Charge for the year

294

294

At 31 March 2025

3,140

3,140

Carrying amount

At 31 March 2025

869

869

At 31 March 2024

1,163

1,163

5

Debtors

2025
£

2024
£

Trade debtors

59,221

13,308

Other debtors

1,527

4,953

Prepayments

635

-

61,383

18,261

 

Yes People Marketing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

7

5,901

5,756

Trade creditors

 

38

46

Taxation and social security

 

85,332

54,886

Accruals and deferred income

 

40,712

43,262

Other creditors

 

1,177

338

 

133,160

104,288

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

7

25,455

31,357

7

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

25,455

31,357

Current loans and borrowings

2025
£

2024
£

Bank borrowings

5,901

5,756

 

Yes People Marketing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Related party transactions

Transactions with directors

2025

At 1 April 2024
£

Repayments by director
£

At 31 March 2025
£

S Baum

Directors current account

1,038

(1,038)

-

A W Watson

Directors current account

1,038

(1,038)

-

E A Watson

Directors current account

1,038

(1,038)

-

2024

At 1 April 2023
£

Advances to director
£

At 31 March 2024
£

S Baum

Directors current account

-

1,038

1,038

A W Watson

Directors current account

-

1,038

1,038

E A Watson

Directors current account

-

1,038

1,038