REGISTERED NUMBER: 06931553 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Prodo Digital Marketing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P C Adams

D R Adams

REGISTERED OFFICE:

The Stables Little Heath Road

Littleton

Chester

Cheshire

CH3 7DW

REGISTERED NUMBER:

06931553 (England and Wales)

FIXED ASSETS

Tangible assets

4

86,155

110,198

CURRENT ASSETS

Debtors

5

303,393

552,670

Cash at bank and in hand

207,880

663,297

511,273

1,215,967

CREDITORS

Amounts falling due within one year

6

(668,420

)

(936,028

)

NET CURRENT (LIABILITIES)/ASSETS

(157,147

)

279,939

TOTAL ASSETS LESS CURRENT LIABILITIES

(70,992

)

390,137

CREDITORS

Amounts falling due after more than one year

7

(15,454

)

(100,043

)

PROVISIONS FOR LIABILITIES

-

(7,027

)

NET (LIABILITIES)/ASSETS

(86,446

)

283,067

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(86,447

)

283,066

(86,446

)

283,067

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 20 February 2025 and were signed on its behalf by:

Mrs P C Adams - Director

1.	STATUTORY INFORMATION

Prodo Digital Marketing 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

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.

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

213,702

Additions

4,636

At 31 December 2024

218,338

DEPRECIATION

At 1 January 2024

103,504

Charge for year

28,679

At 31 December 2024

132,183

NET BOOK VALUE

At 31 December 2024

86,155

At 31 December 2023

110,198

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

137,347

400,416

Amounts owed by associates

41,292

41,292

Other debtors

124,754

110,962

303,393

552,670

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

237,023

84,739

Hire purchase contracts

9,589

9,018

Trade creditors

97,943

22,100

Amounts owed to associates

187,896

216,203

Taxation and social security

75,306

329,813

Other creditors

60,663

274,155

668,420

936,028

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

-

75,000

Hire purchase contracts

15,454

25,043

15,454

100,043

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

25,043

34,061