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REGISTERED NUMBER: 02889780 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

ASPEN MARKETING LIMITED

ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASPEN MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2025







DIRECTORS: Mrs L C Waite
Mr P D Waite FCA, FCCA



REGISTERED OFFICE: Rubis House
15 Friarn Street
Bridgwater
Somerset
TA6 3LH



REGISTERED NUMBER: 02889780 (England and Wales)



ACCOUNTANTS: Aspen Waite Limited
Chartered Accountants
Rubis House
15 Friarn Street
Bridgwater
Somerset
TA6 3LH



BANKERS: HSBC
17 North Street
Taunton
Somerset
TA1 1NA

ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780)

BALANCE SHEET
31ST JANUARY 2025

31/1/25 31/1/24
Notes £    £   
FIXED ASSETS
Tangible assets 4 327,247 327,166
Investments 5 400,470 623,650
727,717 950,816

CURRENT ASSETS
Work in progress 250,227 267,927
Debtors 6 1,158,770 1,120,136
Cash at bank and in hand 33,980 55
1,442,977 1,388,118
CREDITORS
Amounts falling due within one year 7 (529,328 ) (664,354 )
NET CURRENT ASSETS 913,649 723,764
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,641,366

1,674,580

CREDITORS
Amounts falling due after more than one
year

8

(266,624

)

(313,310

)
NET ASSETS 1,374,742 1,361,270

CAPITAL AND RESERVES
Called up share capital 305,017 305,017
Share premium 162,487 162,487
Retained earnings 907,238 893,766
1,374,742 1,361,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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.

ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780)

BALANCE SHEET - continued
31ST JANUARY 2025


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 and authorised for issue by the Board of Directors and authorised for issue on 1st August 2025 and were signed on its behalf by:





Mr P D Waite FCA, FCCA - Director


ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2025

1. STATUTORY INFORMATION

Aspen Marketing 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. 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

WORK IN PROGRESS
Work in progress is valued at lower of Cost and net realisable value.

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.

RESEARCH AND DEVELOPMENT
Expenditure on research and development is written off in the year in which it is incurred.


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.

ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 26 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st February 2024 237,400 84,270 405,818 727,488
Additions - - 71,793 71,793
At 31st January 2025 237,400 84,270 477,611 799,281
DEPRECIATION
At 1st February 2024 107,705 73,994 218,623 400,322
Charge for year 28,800 9,072 33,840 71,712
At 31st January 2025 136,505 83,066 252,463 472,034
NET BOOK VALUE
At 31st January 2025 100,895 1,204 225,148 327,247
At 31st January 2024 129,695 10,276 187,195 327,166

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st February 2024 623,650
Additions 76,820
Disposals (300,000 )
At 31st January 2025 400,470
NET BOOK VALUE
At 31st January 2025 400,470
At 31st January 2024 623,650

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Trade debtors 458,053 226,392
Other debtors - 328,819
Amount owed by connected companies 300,521 405,220
Accrued income 335,219 150,000
Prepayments 64,977 9,705
1,158,770 1,120,136

ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Bank loan and overdrafts 180,884 205,090
Hire purchase contracts - 5,121
Trade creditors 82,876 54,466
Corporation tax 21,835 30,432
Social security and other taxes 30,769 34,040
VAT 79,448 47,573
Other creditors 81,360 134,747
Directors' current accounts 25,000 57,771
Accruals and deferred income 27,156 95,114
529,328 664,354

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/25 31/1/24
£    £   
Bank loan due 1-2 years 166,215 313,310
Directors' loan accounts 100,409 -
266,624 313,310

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P D Waite FCA, FCCA.

All transactions between group members are at a commercial rate.