The Institute of Promotional Marketing Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00975635

The Institute of Promotional Marketing Ltd

Company Limited by Guarantee

Filleted Unaudited Financial Statements

31 December 2025

The Institute of Promotional Marketing Ltd

Company Limited by Guarantee

Financial Statements

Year Ended 31 December 2025

Contents	Page

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements	1

Statement of Financial Position	2

Notes to the Financial Statements	4

The Institute of Promotional Marketing Ltd

Company Limited by Guarantee

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of The Institute of Promotional Marketing Ltd

Year Ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Institute of Promotional Marketing Ltd for the year ended 31 December 2025, which comprise the statement of financial position 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of The Institute of Promotional Marketing Ltd, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of The Institute of Promotional Marketing Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Institute of Promotional Marketing Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Institute of Promotional Marketing Ltd 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 The Institute of Promotional Marketing Ltd. You consider that The Institute of Promotional Marketing Ltd 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 The Institute of Promotional Marketing Ltd. 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.

WYATT & CO Chartered Accountants

125 Main Street Garforth Leeds LS25 1AF

17 July 2026

The Institute of Promotional Marketing Ltd

Company Limited by Guarantee

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed Assets

Intangible assets	6	7,080	9,440
Tangible assets	7	2,363	3,459
		--------	---------
		9,443	12,899

Current Assets

Debtors	8	70,311	56,538
Cash at bank and in hand		282,333	271,343
		-----------	-----------
		352,644	327,881

Creditors: amounts falling due within one year	9	131,966	135,487
		-----------	-----------
Net Current Assets		220,678	192,394
		-----------	-----------
Total Assets Less Current Liabilities		230,121	205,293
		-----------	-----------
Net Assets		230,121	205,293
		-----------	-----------

Capital and Reserves

Profit and loss account	230,121	205,293
	-----------	-----------
Members Funds	230,121	205,293
	-----------	-----------

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 December 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 .

The Institute of Promotional Marketing Ltd

Company Limited by Guarantee

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 17 July 2026 , and are signed on behalf of the board by:

Steven Gray

Director

Company registration number: 00975635

The Institute of Promotional Marketing Ltd

Company Limited by Guarantee

Notes to the Financial Statements

Year Ended 31 December 2025

1. General Information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 125 Main Street, Garforth, Leeds,, United Kingdom, LS25 1AF.

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 financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Income Tax

The directors consider that the company’s activities are outside the scope of Corporation Tax on the basis that the company operates on mutual trading principles and does not carry on its activities for the purpose of making a profit. Corporation Tax is payable on any taxable non-mutual income, including interest income received.

Foreign Currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible Assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Other intangible assets	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

	Plant and machinery	-	20% straight line

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Company Limited by Guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, the liability of members is limited to £1.

5. Employee Numbers

The average number of persons employed by the company during the year amounted to 11 (2024: 11 ).

6. Intangible Assets

	Intangible asset user defined 1
	£
Cost
At 1 January 2025 and 31 December 2025	11,800
	---------
Amortisation
At 1 January 2025	2,360
Charge for the year	2,360
	---------
At 31 December 2025	4,720
	---------
Carrying amount
At 31 December 2025	7,080
	---------
At 31 December 2024	9,440
	---------

7. Tangible Assets

	Plant and machinery
	£
Cost
At 1 January 2025 and 31 December 2025	70,993
	---------
Depreciation
At 1 January 2025	67,534
Charge for the year	1,096
	---------
At 31 December 2025	68,630
	---------
Carrying amount
At 31 December 2025	2,363
	---------
At 31 December 2024	3,459
	---------

8. Debtors

	2025	2024
	£	£
Trade debtors	56,701	44,869
Other debtors	13,610	11,669
	---------	---------
	70,311	56,538
	---------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	7,960	10,808
Corporation tax	1,383	750
Social security and other taxes	16,237	17,422
Other creditors	106,386	106,507
	-----------	-----------
	131,966	135,487
	-----------	-----------