Aspen Marketing Limited - Accounts to registrar (filleted) - small 22.3
Aspen Marketing Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2022 |
| FOR |
| ASPEN MARKETING LIMITED |
| ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ASPEN MARKETING LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST JANUARY 2022 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Rubis House |
| 15 Friarn Street |
| Bridgwater |
| Somerset |
| TA6 3LH |
| BANKERS: |
| 17 North Street |
| Taunton |
| Somerset |
| TA1 1NA |
| ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780) |
| BALANCE SHEET |
| 31ST JANUARY 2022 |
| 31/1/22 | 31/1/21 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Work in progress |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780) |
| BALANCE SHEET - continued |
| 31ST JANUARY 2022 |
| 31/1/22 | 31/1/21 |
| Notes | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Fair value reserve | 9 |
| Retained earnings |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on |
| ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST JANUARY 2022 |
| 1. | STATUTORY INFORMATION |
| Aspen Marketing Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| TURNOVER |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| TANGIBLE FIXED ASSETS |
| Computer equipment | - |
| WORK IN PROGRESS |
| Work in progress is valued at lower of Cost and net realisable value. |
| TAXATION |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| 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. |
| RESEARCH AND DEVELOPMENT |
| Expenditure on research and development is written off in the year in which it is incurred. |
| ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JANUARY 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st February 2021 |
| Additions |
| At 31st January 2022 |
| DEPRECIATION |
| At 1st February 2021 |
| Charge for year |
| At 31st January 2022 |
| NET BOOK VALUE |
| At 31st January 2022 |
| At 31st January 2021 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1st February 2021 |
| Additions |
| At 31st January 2022 |
| PROVISIONS |
| At 1st February 2021 |
| and 31st January 2022 | (794,805 | ) |
| NET BOOK VALUE |
| At 31st January 2022 |
| At 31st January 2021 |
| ASPEN MARKETING LIMITED (REGISTERED NUMBER: 02889780) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST JANUARY 2022 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/22 | 31/1/21 |
| £ | £ |
| Trade debtors |
| Bad debt provision | (158,402 | ) | (81,330 | ) |
| Other debtors |
| Amount owed by connected companies | 854,698 | 1,040,916 |
| Accrued income |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/22 | 31/1/21 |
| £ | £ |
| Bank loan and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| VAT | 54,969 | 151,923 |
| Other creditors |
| Directors' current accounts | 91,034 | 198,977 |
| Accruals and deferred income |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/1/22 | 31/1/21 |
| £ | £ |
| Bank loan due 1-2 years |
| Bank loan due 2-5 years |
| Hire purchase contracts |
| 9. | RESERVES |
| The provision to the unlisted investments of £794,805 is included in reserves at fair value. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |
| All transactions between group members are at a commercial rate. |