HUBBUB_DIGITAL_MARKETING_ - Accounts


Company Registration Number 11407952 (England and Wales)
HUBBUB DIGITAL MARKETING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
PAGES FOR FILING WITH REGISTRAR
HUBBUB DIGITAL MARKETING LIMITED
BALANCE SHEET
AS AT
31 MARCH 2021
31 March 2021
- 1 -
2021
2020
£
£
£
£
Fixed assets
660
1,493
Current assets
9,216
22,386
Creditors: amounts falling due within one year
(75,141)
(63,588)
Net current liabilities
(65,925)
(41,202)
Total assets less current liabilities
(65,265)
(39,709)
Net liabilities
(65,265)
(39,709)
Capital and reserves
(65,265)
(39,709)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2021
2020
Number
Number
Employees
2
2

Hubbub Digital Marketing Limited is a private company limited by shares incorporated in England and Wales. The registered office is Newspaper House, 48 Bell Street, Maidenhead, Berkshire, SL6 1HX.

For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

HUBBUB DIGITAL MARKETING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2021
31 March 2021
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 3 December 2021 and are signed on its behalf by:
Mr J Spooner
Director
Company Registration Number 11407952
HUBBUB DIGITAL MARKETING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
AS AT
31 MARCH 2021
31 March 2021
- 3 -
1.1
Accounting convention

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Company Information

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.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

2
Control

The company is jointly owned by Baylis Media Limited and Urban Media Ltd, companies incorporated in England and Wales.

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