REGISTERED NUMBER: 07377250 (England and Wales)

Unaudited Financial Statements

for the Period

1 October 2023 to 31 December 2024

for

Shortlist Marketing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P L Richardson

P E Verner

REGISTERED OFFICE:

Space 2 Dakeyne Street

Nottingham

NG3 2AR

REGISTERED NUMBER:

07377250 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

17,982

25,059

CURRENT ASSETS

Debtors

5

70,774

123,375

Cash at bank

6,171

14,134

76,945

137,509

CREDITORS

Amounts falling due within one year

6

132,618

151,757

NET CURRENT LIABILITIES

(55,673

)

(14,248

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(37,691

)

10,811

CREDITORS

Amounts falling due after more than one year

7

27,165

33,749

NET LIABILITIES

(64,856

)

(22,938

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(64,956

)

(23,038

)

SHAREHOLDERS' FUNDS

(64,856

)

(22,938

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

P L Richardson - Director

P E Verner - Director

1.	STATUTORY INFORMATION

Shortlist 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 comparatives are not directly comparable as the current accounting period is 15 months long.

At the year end the net current liabilities exceeded net assets by £37,691. The company has the continued

support of the directors and on that basis the directors consider it appropriate to prepare the financial

statements on a going concern basis.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the period 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 period 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 period was 12 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 October 2023

32,567

26,710

59,277

Additions

-

3,000

3,000

At 31 December 2024

32,567

29,710

62,277

DEPRECIATION

At 1 October 2023

12,770

21,448

34,218

Charge for period

5,885

4,192

10,077

At 31 December 2024

18,655

25,640

44,295

NET BOOK VALUE

At 31 December 2024

13,912

4,070

17,982

At 30 September 2023

19,797

5,262

25,059

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

37,494

107,655

Other debtors

33,280

15,720

70,774

123,375

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

4,970

17,909

Taxation and social security

86,672

82,871

Other creditors

35,976

45,977

132,618

151,757

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

27,165

33,749

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

32,165

38,749

The Bounce Back Loan scheme is secured against a guarantee by the the bank in which the bank guarantees the repayment of the loan if the client was to default on this loan.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary shares

1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 30 September 2023:

2024

2023

£

£

P L Richardson

Balance outstanding at start of period

15,720

-

Amounts advanced

33,320

15,720

Amounts repaid

(34,245

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

14,795

15,720

The directors loans are repayable on demand and interest has been charged at HMRC official rate of interest.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by P Richardson by virtue of his majority shareholding.