REGISTERED NUMBER: 01142312 (England and Wales)

Market Intelligence Limited

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C White

U E Niggemann

E Gul

SECRETARY:

E Gul

REGISTERED OFFICE:

The Food Exchange

New Covent Garden Market

London

SW8 5EL

REGISTERED NUMBER:

01142312 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Tangible assets

4

28,116

37,722

Investments

5

2,422

2,422

30,538

40,144

CURRENT ASSETS

Debtors

6

526,856

342,075

Cash at bank

101,875

157,160

628,731

499,235

CREDITORS

Amounts falling due within one year

7

627,933

361,017

NET CURRENT ASSETS

798

138,218

TOTAL ASSETS LESS CURRENT LIABILITIES

31,336

178,362

CREDITORS

Amounts falling due after more than one year

8

15,000

45,000

NET ASSETS

16,336

133,362

CAPITAL AND RESERVES

Called up share capital

24,096

24,096

Capital redemption reserve

1,004

1,004

Retained earnings

(8,764

)

108,262

SHAREHOLDERS' FUNDS

16,336

133,362

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.

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 23 August 2025 and were signed on its behalf by:

C White - Director

1.	STATUTORY INFORMATION

Market Intelligence 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.

Related party exemption

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 its parent company of which it is a wholly owned subsidiary.

Turnover

Turnover represents subscriptions and advertising revenue relating to publications issued during the year, and income from congresses held during the year, all net of value added tax. Amounts relating to future accounting periods are carried forward as deferred income.

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 etc

-

33% on cost and 20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

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.

Foreign currencies

Current assets and liabilities expressed in foreign currencies are translated into sterling at the rates of exchange ruling at the end of the financial year, and the differences arising are taken to the profit and loss account.

Pension scheme contributions

The company operates a defined contribution pension scheme and makes contributions to the pension scheme of one of the directors. Contributions payable to the pension schemes are charged to profit or loss in the period to which they relate.

Consolidated accounts

The directors have not prepared group accounts as the company has taken advantage of the exemption from the requirement to prepare them conferred by Section 398 of the Companies Act 2006.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

109,666

Additions

3,004

At 31 December 2024

112,670

DEPRECIATION

At 1 January 2024

71,944

Charge for year

12,610

At 31 December 2024

84,554

NET BOOK VALUE

At 31 December 2024

28,116

At 31 December 2023

37,722

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

2,422

NET BOOK VALUE

At 31 December 2024

2,422

At 31 December 2023

2,422

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

166,659

202,348

Amounts owed by group undertakings

143,057

63,874

Other debtors

217,140

75,853

526,856

342,075

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

30,000

30,000

Trade creditors

54,934

10,192

Amounts owed to group undertakings

170,700

93,443

Taxation and social security

17,253

21,055

Other creditors

355,046

206,327

627,933

361,017

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

15,000

45,000