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REGISTERED NUMBER: 03919153 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PROPELLER PR AND CONTENT LTD

PROPELLER PR AND CONTENT LTD (REGISTERED NUMBER: 03919153)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PROPELLER PR AND CONTENT LTD

COMPANY INFORMATION
For The Year Ended 31 December 2024







DIRECTORS: K Kent
J M Osman





REGISTERED OFFICE: 7a Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT





REGISTERED NUMBER: 03919153 (England and Wales)

PROPELLER PR AND CONTENT LTD (REGISTERED NUMBER: 03919153)

ABRIDGED BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,755 68,109
Investments 5 10 10
53,765 68,119

CURRENT ASSETS
Debtors 1,492,731 1,227,134
Cash at bank and in hand 463,529 748,754
1,956,260 1,975,888
CREDITORS
Amounts falling due within one year 1,111,318 1,196,826
NET CURRENT ASSETS 844,942 779,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

898,707

847,181

PROVISIONS FOR LIABILITIES 13,439 17,027
NET ASSETS 885,268 830,154

CAPITAL AND RESERVES
Called up share capital 1,200 1,200
Retained earnings 884,068 828,954
SHAREHOLDERS' FUNDS 885,268 830,154

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

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

PROPELLER PR AND CONTENT LTD (REGISTERED NUMBER: 03919153)

ABRIDGED BALANCE SHEET - continued
31 December 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 31 December 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 1 July 2025 and were signed on its behalf by:




K Kent - Director



J M Osman - Director


PROPELLER PR AND CONTENT LTD (REGISTERED NUMBER: 03919153)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024


1. STATUTORY INFORMATION

Propeller PR and Content Ltd 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of PR and marketing services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

IT Equipment-20% on cost
Fixtures & fittings-25% on cost

Investments in subsidiaries
Investments in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date, and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power given to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable are charged to the profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 37 ) .

PROPELLER PR AND CONTENT LTD (REGISTERED NUMBER: 03919153)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 194,049
Additions 9,673
At 31 December 2024 203,722
DEPRECIATION
At 1 January 2024 125,940
Charge for year 24,027
At 31 December 2024 149,967
NET BOOK VALUE
At 31 December 2024 53,755
At 31 December 2023 68,109

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2024
and 31 December 2024 10
NET BOOK VALUE
At 31 December 2024 10
At 31 December 2023 10

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 199,872 81,250

7. SECURED DEBTS

Fixed and floating charges over all property or undertaking of the company were created on 27 February 2023 by Triple Point Advancr Leasing PLC to secure all monies due or becoming due. The charge also contained a negative pledge over the property.

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

PROPELLER PR AND CONTENT LTD (REGISTERED NUMBER: 03919153)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


8. RELATED PARTY DISCLOSURES - continued

During the year, the company entered into transactions with its related parties, which are members of the same group.

Amounts owed by related parties at the end of the year:
Propeller Marketing Group Limited £708,462 (2023 - £493,727).

Amounts owed to related parties at the end of the year:
Propeller Business Development Limited £297,133 (2023 - £333,863).
Stay Upstream Limited £nil (2023 - £nil).
Propeller US Inc. £269,870 (2023 - £217,227).
Propeller Group Holdings Limited £7,000 (2023 - Nil)

These amounts are unsecured, interest-free and repayable on demand.

No guarantees have been given or received. No expenses have been recognised during the current or previous financial year for bad or doubtful debts in respect of the amounts owed by or to related parties.