REGISTERED NUMBER: 02416042 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

N J MARKETING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Baker

SECRETARY:

N J Baker

REGISTERED OFFICE:

Calico Cottage

Unit 4 Arthur Park

Thorby Avenue

March

Cambridgeshire

PE15 0AZ

REGISTERED NUMBER:

02416042 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

240,544

143,873

CURRENT ASSETS

Stocks

503,644

509,924

Debtors

5

510,370

560,183

Cash at bank

1,217,928

1,131,828

2,231,942

2,201,935

CREDITORS

Amounts falling due within one year

6

638,529

510,543

NET CURRENT ASSETS

1,593,413

1,691,392

TOTAL ASSETS LESS CURRENT LIABILITIES

1,833,957

1,835,265

CREDITORS

Amounts falling due after more than one year

7

(94,332

)

(97,824

)

PROVISIONS FOR LIABILITIES

(54,872

)

(32,059

)

NET ASSETS

1,684,753

1,705,382

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,684,653

1,705,282

SHAREHOLDERS' FUNDS

1,684,753

1,705,382

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

N J Baker - Director

1.	STATUTORY INFORMATION

N J 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 represents net invoiced sales of goods, excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

33% on cost, 25% on cost, 20% on cost and 10% on cost

Trade show and other equipment

-

33% on cost and 10% on cost

Fixtures, fittings and office equipment

-

25% on cost and 10% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Trade

fittings

show and

and

Leasehold

other

office

Motor

improvements

equipment

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

287,493

452,319

420,378

36,488

1,196,678

Additions

-

78,193

147,930

-

226,123

At 31 December 2024

287,493

530,512

568,308

36,488

1,422,801

DEPRECIATION

At 1 January 2024

257,532

406,875

351,910

36,488

1,052,805

Charge for year

26,044

48,977

54,431

-

129,452

At 31 December 2024

283,576

455,852

406,341

36,488

1,182,257

NET BOOK VALUE

At 31 December 2024

3,917

74,660

161,967

-

240,544

At 31 December 2023

29,961

45,444

68,468

-

143,873

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

468,975

505,444

Other debtors

2,815

19,916

Prepayments

38,580

34,823

510,370

560,183

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

61,818

61,818

Hire purchase contracts

34,509

4,400

Trade creditors

265,027

181,484

Tax

17,070

63,477

Social security and other taxes

29,870

23,007

VAT

153,068

128,795

Other creditors

6,704

10,126

Accruals and deferred income

70,463

37,436

638,529

510,543

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

20,606

61,818

Bank loans - 2-5 years

-

20,606

Hire purchase contracts

73,726

15,400

94,332

97,824

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

82,424

144,242

Hire purchase contracts

108,235

19,800

190,659

164,042

A fixed and floating charge over the company's property is held by the company's bankers in respect to the loan facility.

Personal guarantees have been provided by the director in respect to the loan facility.

9.	ULTIMATE CONTROLLING PARTY