Marketing Standard Limited - Accounts to registrar (filleted) - small 23.2.5

Marketing Standard Limited - Accounts to registrar (filleted) - small 23.2.5


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REGISTERED NUMBER: 05266892 (England and Wales)















Marketing Standard Limited

Unaudited Financial Statements

for the Year Ended 31 October 2023






Marketing Standard Limited (Registered number: 05266892)






Contents of the Financial Statements
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Marketing Standard Limited

Company Information
for the year ended 31 October 2023







DIRECTORS: Mr T Kawai
Dr K Kawai





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 05266892 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP

Marketing Standard Limited (Registered number: 05266892)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,331 9,934

CURRENT ASSETS
Debtors 5 14,890 9,278
Prepayments and accrued income 15,196 223
Cash at bank 13,205 10,272
43,291 19,773
CREDITORS
Amounts falling due within one year 6 26,988 16,959
NET CURRENT ASSETS 16,303 2,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,634

12,748

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 26,634 11,748
SHAREHOLDERS' FUNDS 27,634 12,748

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Marketing Standard Limited (Registered number: 05266892)

Balance Sheet - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2024 and were signed on its behalf by:





Dr K Kawai - Director


Marketing Standard Limited (Registered number: 05266892)

Notes to the Financial Statements
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Marketing Standard Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 2 (2022 - 2 ) .

Marketing Standard Limited (Registered number: 05266892)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022 5,803 11,992 17,795
Additions 488 3,267 3,755
At 31 October 2023 6,291 15,259 21,550
DEPRECIATION
At 1 November 2022 585 7,276 7,861
Charge for year 1,043 1,315 2,358
At 31 October 2023 1,628 8,591 10,219
NET BOOK VALUE
At 31 October 2023 4,663 6,668 11,331
At 31 October 2022 5,218 4,716 9,934

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 14,890 6,994
Other debtors - 2,284
14,890 9,278

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 10,257 4,193
Other creditors 16,731 12,766
26,988 16,959