Promotion Line Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04181262

Promotion Line Limited

Filleted Unaudited Financial Statements

31 March 2026

Promotion Line Limited

Statement of Financial Position

31 March 2026

	31 Mar 26		31 May 25
Note	£	£	£	£

Fixed assets

Tangible assets	5	28,301	26,645
Investments	6	–	50
		--------	--------
		28,301	26,695

Current assets

Debtors	7	738,228	410,696
Cash at bank and in hand		551,724	848,288
		------------	------------
		1,289,952	1,258,984

Creditors: amounts falling due within one year	8	154,949		201,827
		------------		------------
Net current assets			1,135,003		1,057,157
			------------		------------
Total assets less current liabilities			1,163,304		1,083,852

Provisions

Taxation including deferred tax	7,075	6,661
	------------	------------
Net assets	1,156,229	1,077,191
	------------	------------

Capital and reserves

Called up share capital	9	80	80
Capital redemption reserve		20	20
Profit and loss account		1,156,129	1,077,091
		------------	------------
Shareholders funds		1,156,229	1,077,191
		------------	------------

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 period ending 31 March 2026 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 period 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 .

Promotion Line Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 1 October 2026 , and are signed on behalf of the board by:

Mrs B J Ferguson	Mrs A Degutis Bone
Director	Director

Company registration number: 04181262

Promotion Line Limited

Notes to the Financial Statements

Period from 1 June 2025 to 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

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

The turnover shown in the profit and loss account represents amounts invoiced net of value added tax during the year.

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.

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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

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:

Fixtures and Fittings	-	25% reducing balance
Office Equipment	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

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. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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. Employee numbers

The average number of persons employed by the company during the period amounted to 5 (2025: 5 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 June 2025	473	197,719	198,192
Additions	2,799	5,465	8,264
	-------	---------	---------
At 31 March 2026	3,272	203,184	206,456
	-------	---------	---------
Depreciation
At 1 June 2025	434	171,113	171,547
Charge for the period	115	6,493	6,608
	-------	---------	---------
At 31 March 2026	549	177,606	178,155
	-------	---------	---------
Carrying amount
At 31 March 2026	2,723	25,578	28,301
	-------	---------	---------
At 31 May 2025	39	26,606	26,645
	-------	---------	---------

6. Investments

	Shares in participating interests
	£
Cost
At 1 June 2025	50
Disposals	( 50)
	----
At 31 March 2026	–
	----
Impairment
At 1 June 2025 and 31 March 2026	–
	----

Carrying amount
At 31 March 2026	–
	----
At 31 May 2025	50
	----

The company owned 50% (50%: 2025) of the share capital of Box River Studios Ltd a company incorporated in England and Wales. All shares were disposed of on 31 March 2026.

7. Debtors

	31 Mar 26	31 May 25
	£	£
Trade debtors	151,195	249,365
Prepayments and accrued income	19,454	16,802
Directors loan account	–	66,116
Other debtors	567,579	78,413
	---------	---------
	738,228	410,696
	---------	---------

Included in trade debtors is an amount of £32,087 (2025: £59,690) which represents amounts recoverable under contracts.

8. Creditors: amounts falling due within one year

	31 Mar 26	31 May 25
	£	£
Trade creditors	34,188	26,786
Accruals and deferred income	17,684	41,905
Corporation tax	28,501	51,298
Social security and other taxes	70,405	79,238
Other creditors	4,171	2,600
	---------	---------
	154,949	201,827
	---------	---------

There is a fixed and floating charge over the company's assets dated 24th June 2008 in favour of National Westminster Bank Plc.

9. Called up share capital

Issued, called up and fully paid

	31 Mar 26		31 May 25
	No.	£	No.	£
Ordinary Class A shares of £ 1 each	80	80	80	80
	----	----	----	----

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	31 Mar 26	31 May 25
	£	£
Not later than 1 year	945	3,780
Later than 1 year and not later than 5 years	–	945
	----	-------
	945	4,725
	----	-------

11. Directors' advances, credits and guarantees

During the period the directors entered into the following advances and credits with the company:

	31 Mar 26
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs B J Ferguson	66,116	95,455	( 161,571)	–
	--------	--------	---------	----

	31 May 25
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs B J Ferguson	74,137	16,019	( 24,040)	66,116
	--------	--------	--------	--------

Interest of £2,774 (2025: £1,602) was charged on the above loan during the year.

12. Related party transactions

During the year the company made sales of £0 (2025: £22,476) to, and made purchases of £13,517 (2025: £25,815) from, participating interests. £39,765 (2025 : £52,256) is due from Box River Studios Ltd, a company in which Promotion Line Ltd owns shares, and the companies share common directors. The company has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with wholly owned group companies.