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REGISTERED NUMBER: 08411705 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

THRIVE MARKETING LIMITED
THRIVE MARKETING LIMITED (REGISTERED NUMBER: 08411705)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

THRIVE MARKETING LIMITED

Company Information
for the Year Ended 31 December 2024







Director: J D Woods





Registered office: 43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH





Registered number: 08411705 (England and Wales)





Accountants: Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH
Page 1
THRIVE MARKETING LIMITED (REGISTERED NUMBER: 08411705)

Abridged Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £    £   
Fixed assets
Tangible assets 4 4,328 3,970

Current assets
Debtors 44,444 61,253
Cash at bank 5,619 11,700
50,063 72,953
Creditors
Amounts falling due within one year 37,459 45,097
Net current assets 12,604 27,856
Total assets less current liabilities 16,932 31,826

Creditors
Amounts falling due after more than one
year
(925
)
-

Provisions for liabilities (1,082 ) (1,052 )
Net assets 14,925 30,774

Capital and reserves
Called up share capital 30 75
Capital redemption reserve 45 -
Retained earnings 14,850 30,699
Shareholders' funds 14,925 30,774

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 director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
THRIVE MARKETING LIMITED (REGISTERED NUMBER: 08411705)

Abridged Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2025 and were signed by:





J D Woods - Director


The notes form part of these financial statements

Page 3
THRIVE MARKETING LIMITED (REGISTERED NUMBER: 08411705)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Thrive 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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Page 4 continued...
THRIVE MARKETING LIMITED (REGISTERED NUMBER: 08411705)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Government grants
Government grants are released to the profit and loss account at appropriate rates to match against the costs to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 19,078
Additions 1,470
At 31 December 2024 20,548
DEPRECIATION
At 1 January 2024 15,108
Charge for year 1,112
At 31 December 2024 16,220
NET BOOK VALUE
At 31 December 2024 4,328
At 31 December 2023 3,970

Page 5 continued...
THRIVE MARKETING LIMITED (REGISTERED NUMBER: 08411705)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 1,146
At 31 December 2024 1,146
DEPRECIATION
Charge for year 72
At 31 December 2024 72
NET BOOK VALUE
At 31 December 2024 1,074

5. SECURED DEBTS

The following secured debts are included within creditors:

31/12/24 31/12/23
£    £   
Hire purchase contracts 1,341 -

The hire purchase contracts are secured on the assets to which they relate.

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31/12/24 31/12/23
£    £   
R E C Townsend Green
Balance outstanding at start of year 6,091 -
Amounts advanced 216 6,502
Amounts repaid - (411 )
Amounts written off (6,307 ) -
Amounts waived - -
Balance outstanding at end of year - 6,091

J D Woods
Balance outstanding at start of year 4,974 -
Amounts advanced 3,890 4,974
Amounts repaid (8,864 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 4,974

The above advances are interest free and repayable upon demand.

Page 6
Accountants' Report to the Director
on the Unaudited Financial Statements of
Thrive Marketing Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thrive Marketing Limited for the year ended 31 December 2024 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Thrive Marketing Limited in accordance with the terms of our engagement letter dated 16 April 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Thrive Marketing Limited and state those matters that we have agreed to state to the director of Thrive Marketing Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Thrive Marketing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Thrive Marketing Limited. You consider that Thrive Marketing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Thrive Marketing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH


11 September 2025

This page does not form part of the statutory financial statements

Page 7