IRIS Accounts Production v25.1.4.42 02988783 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh029887832023-07-31029887832024-07-31029887832023-08-012024-07-31029887832022-07-31029887832022-08-012023-07-31029887832023-07-3102988783ns15:EnglandWales2023-08-012024-07-3102988783ns14:PoundSterling2023-08-012024-07-3102988783ns10:Director12023-08-012024-07-3102988783ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3102988783ns10:SmallEntities2023-08-012024-07-3102988783ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3102988783ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3102988783ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3102988783ns10:FullAccounts2023-08-012024-07-310298878312023-08-012024-07-3102988783ns10:Director22023-08-012024-07-3102988783ns10:CompanySecretary12023-08-012024-07-3102988783ns10:CompanySecretary22023-08-012024-07-3102988783ns10:RegisteredOffice2023-08-012024-07-3102988783ns5:CurrentFinancialInstruments2024-07-3102988783ns5:CurrentFinancialInstruments2023-07-3102988783ns5:Non-currentFinancialInstruments2024-07-3102988783ns5:Non-currentFinancialInstruments2023-07-3102988783ns5:ShareCapital2024-07-3102988783ns5:ShareCapital2023-07-3102988783ns5:RetainedEarningsAccumulatedLosses2024-07-3102988783ns5:RetainedEarningsAccumulatedLosses2023-07-3102988783ns5:NetGoodwill2023-08-012024-07-3102988783ns5:PlantMachinery2023-08-012024-07-3102988783ns5:NetGoodwill2023-07-3102988783ns5:IntangibleAssetsOtherThanGoodwill2023-07-3102988783ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3102988783ns5:NetGoodwill2024-07-3102988783ns5:IntangibleAssetsOtherThanGoodwill2024-07-3102988783ns5:NetGoodwill2023-07-3102988783ns5:IntangibleAssetsOtherThanGoodwill2023-07-3102988783ns5:PlantMachinery2023-07-3102988783ns5:FurnitureFittings2023-07-3102988783ns5:FurnitureFittings2023-08-012024-07-3102988783ns5:PlantMachinery2024-07-3102988783ns5:FurnitureFittings2024-07-3102988783ns5:PlantMachinery2023-07-3102988783ns5:FurnitureFittings2023-07-3102988783ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3102988783ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3102988783ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-07-3102988783ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-07-31
REGISTERED NUMBER: 02988783 (England and Wales)















GUIDELINE PUBLICATIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






GUIDELINE PUBLICATIONS LTD (REGISTERED NUMBER: 02988783)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GUIDELINE PUBLICATIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: A G Corkhill
Mrs K C Corkhill





SECRETARIES: Mrs K C Corkhill
Indigo Secretaries Limited





REGISTERED OFFICE: 3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS





REGISTERED NUMBER: 02988783 (England and Wales)





ACCOUNTANTS: Higginson & Co (UK) Ltd
3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS

GUIDELINE PUBLICATIONS LTD (REGISTERED NUMBER: 02988783)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 47,541 69,474
Tangible assets 5 - 4,000
47,541 73,474

CURRENT ASSETS
Stocks 87,550 82,250
Debtors 6 92,686 111,713
Cash at bank and in hand 2,642 3,581
182,878 197,544
CREDITORS
Amounts falling due within one year 7 245,833 273,654
NET CURRENT LIABILITIES (62,955 ) (76,110 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,414

)

(2,636

)

CREDITORS
Amounts falling due after more than one
year

8

22,024

35,593
NET LIABILITIES (37,438 ) (38,229 )

CAPITAL AND RESERVES
Called up share capital 16,000 16,000
Retained earnings (53,438 ) (54,229 )
SHAREHOLDERS' FUNDS (37,438 ) (38,229 )

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

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

GUIDELINE PUBLICATIONS LTD (REGISTERED NUMBER: 02988783)

BALANCE SHEET - continued
31 JULY 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2025 and were signed on its behalf by:





A G Corkhill - Director


GUIDELINE PUBLICATIONS LTD (REGISTERED NUMBER: 02988783)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Guideline Publications 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
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
The amount in goodwill represents the acquisition of magazine titles which are still being published by the company and an amount in relation to other matters..There is currently no intention to cease publishing any of these titles. The directors have assessed that the goodwill should be written off between 5 years and 10 years.

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 varying rates on cost

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.

GUIDELINE PUBLICATIONS LTD (REGISTERED NUMBER: 02988783)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 65,100 89,135 154,235
AMORTISATION
At 1 August 2023 52,080 32,681 84,761
Charge for year 13,020 8,913 21,933
At 31 July 2024 65,100 41,594 106,694
NET BOOK VALUE
At 31 July 2024 - 47,541 47,541
At 31 July 2023 13,020 56,454 69,474

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 26,400 1,645 28,045
DEPRECIATION
At 1 August 2023 22,400 1,645 24,045
Charge for year 4,000 - 4,000
At 31 July 2024 26,400 1,645 28,045
NET BOOK VALUE
At 31 July 2024 - - -
At 31 July 2023 4,000 - 4,000

GUIDELINE PUBLICATIONS LTD (REGISTERED NUMBER: 02988783)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 84,997 104,211
VAT 4,339 4,152
Prepayments and accrued income 3,350 3,350
92,686 111,713

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 32,154 40,032
Funding Circle 12,000 12,000
Trade creditors 76,788 82,450
Corporation tax - (358 )
Directors' current accounts 88,450 92,048
Accruals and deferred income 10,896 6,500
Accrued expenses 25,545 40,982
245,833 273,654

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Other loans - 1-2 years 16,288 29,857
Funding Circle 5,736 5,736
22,024 35,593

9. RELATED PARTY DISCLOSURES

The company is controlled by Mr & Mrs Corkhill. Mr Corkhill is the managing director.