MARKETING_IMPACT_LIMITED - Accounts

MARKETING IMPACT LIMITED - Company Information

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Company Registration No. 02567457 (England and Wales)

MARKETING IMPACT LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

MARKETING IMPACT LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

MARKETING IMPACT LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

246,132

247,401

Current assets

Debtors

48,325

32,402

Cash at bank and in hand

35,392

5,034

83,717

37,436

Creditors: amounts falling due within one year

(327,352)

(273,621)

Net current liabilities

(243,635)

(236,185)

Total assets less current liabilities

2,497

11,216

Creditors: amounts falling due after more than one year

(2,042)

(10,108)

455

1,108

Capital and reserves

Called up share capital

100

Profit and loss account

355

1,008

Shareholders' funds

455

1,108

MARKETING IMPACT LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2015

- 2 -

For the financial year ended 31 March 2015 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.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 8 May 2015

Mr S Davidson

Director

Company Registration No. 02567457

MARKETING IMPACT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

Nil

Fixtures, fittings & equipment

25% Reducing Balance

1.5

Pensions

The pension costs charged in the financial statements represent the contribution payable by the

company during the year.

The regular cost of providing retirement pensions and related benefits is charged to the profit and loss

account over the employees' service lives on the basis of a constant percentage of earnings.

MARKETING IMPACT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 4 -

Fixed assets

Tangible assets

Cost

At 1 April 2014

301,657

Additions

1,639

At 31 March 2015

303,296

Depreciation

At 1 April 2014

54,256

Charge for the year

2,908

At 31 March 2015

57,164

Net book value

At 31 March 2015

246,132

At 31 March 2014

247,401

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100