Full Circles Marketing Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08413275

Full Circles Marketing Ltd

Filleted Unaudited Financial Statements

31 August 2025

Full Circles Marketing Ltd

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	9,420	28,263

Current assets

Debtors	6	157,698	98,236
Cash at bank and in hand		10,812	70,530
		---------	---------
		168,510	168,766

Creditors: amounts falling due within one year	7	184,476	221,585
		---------	---------
Net current liabilities		15,966	52,819
		--------	--------
Total assets less current liabilities		( 6,546)	( 24,556)

Provisions	1,501	5,542
	-------	--------
Net liabilities	( 8,047)	( 30,098)
	-------	--------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 8,048)	( 30,099)
	-------	--------
Shareholders deficit	( 8,047)	( 30,098)
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Full Circles Marketing Ltd

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 21 May 2026 , and are signed on behalf of the board by:

Mr M Bacon

Director

Company registration number: 08413275

Full Circles Marketing Ltd

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Lamorna Court, 43 Wollaton Road, Beeston, Nottingham, NG9 2NG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The accounts have been prepared on a going concern basis and are subject to the continued support of the directors.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% reducing balance
Office equipment	-	15% reducing balance

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).

5. Tangible assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost
At 1 September 2024	19,989	37,468	57,457
Additions	–	270	270
Disposals	( 13,833)	( 27,727)	( 41,560)
	--------	--------	--------
At 31 August 2025	6,156	10,011	16,167
	--------	--------	--------
Depreciation
At 1 September 2024	10,726	18,468	29,194
Charge for the year	915	1,016	1,931
Disposals	( 9,145)	( 15,233)	( 24,378)
	--------	--------	--------
At 31 August 2025	2,496	4,251	6,747
	--------	--------	--------
Carrying amount
At 31 August 2025	3,660	5,760	9,420
	--------	--------	--------
At 31 August 2024	9,263	19,000	28,263
	--------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	69,496	67,132
Other debtors	88,202	31,104
	---------	--------
	157,698	98,236
	---------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	57,156	82,321
Social security and other taxes	29,915	29,713
Other creditors	97,405	109,551
	---------	---------
	184,476	221,585
	---------	---------

8. Related party transactions

Full Circles Marketing Ltd has made loans to associated companies and at the year end was owed £ 46,400 (2024: £ 26,900 ). The directors have made a loan to the company. The balance owing to the directors at the year end was £ 93,046 (2024: £ 107,240 ). All loans have no repayment terms and are interest free.