No Value Reported iso4217:GBP xbrli:pure xbrli:shares iso4217:GBP xbrli:shares SC360835 2025-08-31 SC360835 2024-08-31 SC360835 2024-09-01 2025-08-31 SC360835 2023-09-01 2024-08-31 SC360835 bus:Director3 2024-09-01 2025-08-31 SC360835 bus:Director2 2024-09-01 2025-08-31 SC360835 bus:Director1 2024-09-01 2025-08-31 SC360835 bus:SmallEntities 2024-09-01 2025-08-31 SC360835 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 SC360835 bus:FilletedAccounts 2024-09-01 2025-08-31 SC360835 bus:Director1 2024-09-01 2025-08-31 SC360835 2024-09-01 2025-08-31 SC360835 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31
OCCUPANCY MARKETING LIMITED
Trading as
80 DAYS
Registration Number SC360835 (Scotland)
Unaudited Filleted Financial Statements
for the year ended 31 August 2025
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
BALANCE SHEET
Notes
2025 £
2024 £
Fixed assets
Intangible assets
3
150,000
187,500
Tangible assets
4
166,904
32,660
Investments
5
488,756
805,660
220,160
Current assets
Debtors
6
1,777,879
1,139,988
Cash at bank and in hand
1,190,182
2,205,622
2,968,061
3,345,610
Current liabilities
Creditors: amounts falling due within one year
7
1,226,421
1,296,631
Net current assets
1,741,640
2,048,979
Total assets less current liabilities
2,547,300
2,269,139
Non-current liabilities
Deferred tax
8
23,174
2,044
Net assets
2,524,126
2,267,095
Capital and reserves
Called up share capital
9
545
545
Share premium account
9
167,701
167,701
Profit and loss account
2,355,880
2,098,849
Shareholders' funds
2,524,126
2,267,095
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. These financial statements and reports have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the statement of comprehensive income and retained earnings has been taken.
For the year ended 31 August 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year ended 31 August 2025 in accordance with section 476 of the Companies Act 2006.
The financial statements were approved and authorised for issue by the Board of Directors on 22 July 2026.
Signed on behalf of the Board of Directors
_______________________
_______________________
M A S Forrester
D R Gardner
Company registration number: SC360835
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
1. Summary of significant accounting policies
1.1 General information and basis of preparation
These financial statements have been prepared in accordance with FRS 102 the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland as adapted by Section 1A of FRS 102 and the Companies Act 2006.
The financial statements are prepared in sterling (£) which is the functional currency of the company and rounded to the nearest £.
The financial statements are prepared on a going concern basis and comply with the financial reporting standards of FRC including FRS102, "The Financial Reporting Standards applicable in the UK and Ireland" as adapted by Section 1A.
1.2 Intangible assets - goodwill
Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The period chosen for writing off goodwill is 20 years. Provision is made for any impairment.
1.3 Tangible fixed assets
All tangible fixed assets are initially recorded at historic cost. This includes legal fees, stamp duty and other non-refundable purchase taxes, and also any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management, which can include the costs of site preparation, initial delivery and handling, installation and assembly, and testing of functionality.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Asset class
Useful life / depreciation rate
Leasehold property
10% straight line
Fixtures and fittings
20% straight line
Where factors indicate that the residual values or useful lives of tangible assets may have changed, a review will be carried out of the residual values, depreciation methods and useful lives, and these will be amended if necessary. Changes in depreciation rates arising from this review are accounted for prospectively over the remaining useful lives of the assets.
1.4 Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
1.5 Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.
1.6 Financial instruments
The Company has chosen to adopt Section 11 of FRS102 in respect of financial instruments.
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
Ordinary share capital
The ordinary share capital of the company is presented as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Other financial assets
Other financial assets, including trade debtors for goods sold to customers on short-term credit, are initially measured at the transaction price including transaction costs, and are subsequently measured at the transaction price plus transaction costs not yet recognised, cumulative interest income less repayments and impairment, where there is evidence of impairment.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
Other financial liabilities
Other financial liabilities, including trade creditors, are initially measured at transaction price less transaction costs, and are subsequently measured at the transaction price less transaction costs not yet recognised in profit or loss and repayments plus cumulative interest expenses incurred.
Impairment of financial assets
At the end of each reporting period, the company assesses whether there is evidence of impairment of any financial assets, including investments, loans, trade debtors and cash. If there is evidence of impairment, impairment losses are recognised in the Profit and Loss account in that financial year.
1.7 Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
Where the circumstances causing an impairment of an asset, other than goodwill, no longer apply, then the impairment is reversed through the profit and loss account. An impairment loss recognised for goodwill is not reversed in subsequent periods.
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
1.8 Leases
Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
Incentives received to enter into an operating lease are credited to the profit and loss account, to reduce the lease expense, on a straight-line basis over the period of the lease.
1.9 Tax
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.
1.10 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.
1.11 Turnover and other income
Turnover is stated net of trade discounts, volume rebates, VAT and similar taxes and derives from the provision of goods and services falling within the company's ordinary activities. Turnover on supply of services is recognised by reference to the stage of completion of the service at the end of the financial year. The stage of completion is determined primarily on the basis of time costs applied to individual service assignments. Deposits received from customers in advance of the stage of completion of services at the end of the financial year are not recognised as income and are included in creditors.
1.12 Foreign currency
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.
1.13 Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
Short term benefits, including holiday pay, are recognised as an expense in the period in which employees have become entitled to the benefits as a result of service rendered to the company.
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.
1.14 Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
2. Employees
The average monthly number of employees, including directors, during the year was as follows:
2025
2024
Employees
69
57
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
3. Intangible fixed assets
Reconciliation of changes in intangible assets
Goodwill £
Cost
At 01 September 2024
750,000
At 31 August 2025
750,000
Amortisation
At 01 September 2024
(562,500)
Amortisation
(37,500)
At 31 August 2025
(600,000)
Net book value
At 01 September 2024
187,500
At 31 August 2025
150,000
4. Tangible assets
Balances at year end and movements for the year
Leasehold property £
Fixtures and fittings £
Total £
Cost
At 01 September 2024
72,707
34,759
107,466
Additions
104,841
46,496
151,337
At 31 August 2025
177,548
81,255
258,803
Depreciation
At 01 September 2024
(54,295)
(20,511)
(74,806)
Charge for the year
(6,761)
(10,333)
(17,094)
At 31 August 2025
(61,056)
(30,844)
(91,900)
Net book value
At 01 September 2024
18,412
14,248
32,660
At 31 August 2025
116,492
50,411
166,903
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
5. Investments
Movement in investments
Listed investments £
Cost or valuation
At 01 September 2024
-
Additions
487,968
Revaluations
788
At 31 August 2025
488,756
Carrying amount
At 31 August 2024
-
At 31 August 2025
488,756
6. Debtors
Debtors comprise:
2025 £
2024 £
Amounts falling due within one year
Trade debtors
822,193
837,164
Other debtors
427,603
286,645
Provision for irrecoverable loan
(143,938)
(197,508)
Director's loan
452,404
-
Amounts owed by group undertakings
219,617
213,687
1,777,879
1,139,988
7. Creditors: amounts falling due within one year
Creditors: amounts falling due within one year comprise:
2025 £
2024 £
Trade creditors
191,516
217,198
Other creditors
699,558
535,020
Social security and other taxes
79,457
135,079
Corporation tax
114,247
239,334
Value added tax
141,643
170,000
1,226,421
1,296,631
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
8. Deferred tax
Details of set-off of deferred tax assets and liabilities
2025 £
2024 £
Net deferred tax liability from all items being set off
(23,174)
(2,044)
Total deferred tax liability per the balance sheet
(23,174)
(2,044)
The company has not recognised a valuation allowance against the deferred tax assets because, on the basis of past years and future expectations, management considers it probable that taxable profits will be available against which the future income tax deductions can be utilised.
Detail of the deferred tax provision is provided in note
9. Called up share capital
Alloted, called up and fully paid
2025 £
2024 £
5,448,717 Ordinary shares of £0.0001 each
544.87
544.87
10. Operating lease
The total future minimum lease payments under non-cancellable operating leases are as follows:
2025 £
2024 £
Not later than 1 year
147,217
130,776
Later than 1 year and not later than 5 years
417,114
537,866
564,331
668,642
11. Related party transactions
At the year end, the director owed the company £450,000. The loan was unsecured, interest bearing, and repayable on demand. Interest was charged at 3.75%, resulting in total interest of £2,404 for the year. Subsequent to the year end, the loan was repaid post year end.
Included within other debtors are an amount due from Hotel Benchmark Limited of £219,617 (2024: £213,687). Hotel Benchmark Limited operates in the marketing sector and whilst the director is satisfied that the balance is recoverable, provision for bad debts amounting to £143,938 (2024: £197,508) has been made against the balance.
OCCUPANCY MARKETING LIMITED
Financial Statements for the year ended 31 August 2025
NOTES TO THE FINANCIAL STATEMENTS
12. Share-based payments
12.1 Certain employees had been granted options to subscribe for shares in the company, under share option schemes as follows:
The EMI options, granted on 21 February 2023 at an option price of £0.24, are shown below:
Number of shares
Option exercise period February 2023 to February 2033
206,412
12.2 Movements in the number of share options outstanding and their related weighted average exercise prices are as follows:
Weighted average exercise price in £ 2025
Options 2025
Outstanding at the beginning of the period
0.24
206,412
Granted during the period
-
-
Outstanding at the end of the period
0.24
206,412
The total expense recognised during the year in respect of share based payments totalled £3,919 (2024: £5,980).
The estimated fair values were calculated by applying Black-Scholes option pricing model. The model inputs were:
2025
Share price at grant date
£0.24
Exercise price
£0.24
Expected volatility
70%
Expected life
10 years
Risk free interest rate
3.340%
Dividend yield
0%
Appendix - Additional XBRL Tags and Values
Accounting standards applied
[Current]
bus_SmallEntities
Accounts status, audited or unaudited
[Current]
bus_AuditExemptWithAccountantsReport
Accounts type
[Current]
bus_FilletedAccounts
Average number of employees during the period
[Current]
57
Average number of employees during the period
[Prior]
53
Balance sheet date
[Current]
31 August 2025
Date of auditor's report
[Current]
0001-01-01
Date of authorisation of financial statements for issue
[Current]
22 July 2026
Description of principal activities
[Current]
The company fulfilled the function of creative and digital marketing agency during the year. There were no major changes herein during the year.
Director signing Directors' Report
[Current]
bus_Director1
Director signing financial statements
[Current]
bus_Director1
End date for period covered by report
[Current]
31 August 2025
Entity current legal or registered name
[Current]
Occupancy Marketing Limited
Entity is dormant [true/false]
[Current]
false
Entity trading status
[Current]
[default]
Equity [Multiple Tags or Values]
[Prior]
4,534,190
Equity [Multiple Tags or Values]
[Current]
5,048,252
Legal form of entity
[Current]
bus_PrivateLimitedCompanyLtd
Name of entity auditors
[Current]
CT
Name of entity officer
[Current]
C W Mcguire
Name of entity officer
[Current]
D R Gardner
Name of entity officer
[Current]
M A S Forrester
Name of individual auditor
[Current]
CT
Name of production software
[Current]
Draftworx Cloud
Start date for period covered by report
[Current]
01 September 2024
Statement that directors acknowledge their responsibilities under the Companies Act
[Current]
Directors acknowledge their responsibilities under the Companies Act 2006
UK Companies House registered number
[Current]
SC360835
Version of production software
[Current]
2026.14.0.0
Appendix - Footnotes
Investments
[Prior]
No Value Reported