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REGISTERED NUMBER: 11633823 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

POD DIGITAL MARKETING TWO LIMITED

POD DIGITAL MARKETING TWO LIMITED (REGISTERED NUMBER: 11633823)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


POD DIGITAL MARKETING TWO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: M McKinlay
C W Sparks
R A Platt
Miss D O Mckinlay
B Tooth
Miss I S Mckinlay
Mrs A McKinlay





REGISTERED OFFICE: 4 Elizabethan House
Leicester Road
Lutterworth
Leicestershire
LE17 4NJ





REGISTERED NUMBER: 11633823 (England and Wales)





ACCOUNTANTS: PWH Accountancy Ltd
The Counting House
High Street
Lutterworth
Leicestershire
LE17 4AY

POD DIGITAL MARKETING TWO LIMITED (REGISTERED NUMBER: 11633823)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 24,517 -

CURRENT ASSETS
Debtors 6 525,251 352,594
Cash at bank and in hand 11,816 19,061
537,067 371,655
CREDITORS
Amounts falling due within one year 7 411,402 171,952
NET CURRENT ASSETS 125,665 199,703
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,182

199,703

CREDITORS
Amounts falling due after more than one
year

8

(9,999

)

(20,000

)

PROVISIONS FOR LIABILITIES 9 (6,129 ) -
NET ASSETS 134,054 179,703

CAPITAL AND RESERVES
Called up share capital 10 400 400
Retained earnings 11 133,654 179,303
SHAREHOLDERS' FUNDS 134,054 179,703

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

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

POD DIGITAL MARKETING TWO LIMITED (REGISTERED NUMBER: 11633823)

BALANCE SHEET - continued
31 OCTOBER 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:





M McKinlay - Director


POD DIGITAL MARKETING TWO LIMITED (REGISTERED NUMBER: 11633823)

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

1. STATUTORY INFORMATION

POD Digital Marketing Two Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

Turnover
Revenue comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Revenue is shown net of VAT and trade 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. The amount of revenue is not considered to be reliably measurable until all contingencies relating to the sale have been resolved. The company bases its estimates on historical results, taking into consideration the type of customer, the type of transaction and the specifics of each arrangement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Financial instruments
Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.


POD DIGITAL MARKETING TWO LIMITED (REGISTERED NUMBER: 11633823)

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

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 15 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 1,362 35,068 36,430
At 31 October 2024 1,362 35,068 36,430
DEPRECIATION
Charge for year 341 11,572 11,913
At 31 October 2024 341 11,572 11,913
NET BOOK VALUE
At 31 October 2024 1,021 23,496 24,517

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 140,492 95,433
Other debtors 365,585 257,161
Directors' current accounts 19,174 -
525,251 352,594

POD DIGITAL MARKETING TWO LIMITED (REGISTERED NUMBER: 11633823)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,001 10,000
Trade creditors 9,561 23,646
Tax (130 ) 55,801
Social security and other taxes 9,144 4,263
Pension control 1,620 764
VAT 57,953 34,165
Other creditors 127,135 40,815
Directors' current accounts 15,001 628
Accrued expenses 181,117 1,870
411,402 171,952

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 9,999 10,000
Bank loans - 2-5 years - 10,000
9,999 20,000

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 6,129 -

Deferred
tax
£   
Charge to Statement of Income and Retained Earnings during year 6,129
Balance at 31 October 2024 6,129

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary £1 200 200
200 B Ordinary £1 200 200
400 400

POD DIGITAL MARKETING TWO LIMITED (REGISTERED NUMBER: 11633823)

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

11. RESERVES
Retained
earnings
£   

At 1 November 2023 179,303
Profit for the year 5,521
Dividends (51,170 )
At 31 October 2024 133,654

12. RELATED PARTY DISCLOSURES

As at 31 October 2024 there was an amount of £19,173 owed by the directors (2023 £38 owed to the directors). This amount was repaid in full after the year end.

During the year the company entered into transactions with POD Digital Limited., a company under the common control of Mr M McKinlay. At the balance sheet date, the amount due from POD Digital Limited was £240,025 (2023 £211,430).

During the year the company entered into transactions with McAshwey Stud Limited., a company under the common control of the director Mr M McKinlay. At the balance sheet date, the amount due from McAshwey Stud l Limited was £110,765 (2023 £47,711).

13. ULTIMATE CONTROLLING PARTY

The directors act as the ultimate controlling party by reason of their controlling interest in the issued share capital of the company.