Gill Marketing Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—4

Registered number: 05664612

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		50,177		2,016

			50,177		2,016
CURRENT ASSETS
Debtors	5	16,417		108,793
Cash at bank and in hand		76,633		54,031

		93,050		162,824
Creditors: Amounts Falling Due Within One Year	6	(15,031 )		(1,754 )

NET CURRENT ASSETS (LIABILITIES)			78,019		161,070

TOTAL ASSETS LESS CURRENT LIABILITIES			128,196		163,086

Creditors: Amounts Falling Due After More Than One Year	7		(37,039 )		-

NET ASSETS			91,157		163,086

CAPITAL AND RESERVES
Called up share capital	9		103		103
Income Statement			91,054		162,983

SHAREHOLDERS' FUNDS			91,157		163,086

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Simon Neville Gill

Director

20 August 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Gill Marketing Limited is a private company, limited by shares, incorporated in England & Wales, registered number

05664612. The registered office is Williamston House, Slaggyford, Bramption, CA8 7NL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% RBM
Fixtures & Fittings	15% RBM
Computer Equipment	25% RBM

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

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Gill Marketing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	-	850	14,388	15,238
Additions	51,260	-	801	52,061

As at 31 December 2024	51,260	850	15,189	67,299

Depreciation
As at 1 January 2024	-	765	12,457	13,222
Provided during the period	3,204	13	683	3,900

As at 31 December 2024	3,204	778	13,140	17,122

Net Book Value
As at 31 December 2024	48,056	72	2,049	50,177

As at 1 January 2024	-	85	1,931	2,016

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	15,500	8,333
Corporation tax recoverable assets	-	35,910
Other taxes and social security	917	625
Directors' loan accounts	-	63,925

	16,417	108,793

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	7,412	-
Trade creditors	3,090	-
VAT	1,937	278
Accruals and deferred income	1,249	1,476
Directors' loan accounts	1,343	-

	15,031	1,754

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	37,039	-

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Gill Marketing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,412	-
Later than one year and not later than five years	37,039	-

	44,451	-

	44,451	-

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	103	103

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