Abbreviated Company Accounts - THE MARKETING LAB LTD

THE MARKETING LAB LTD - Company Information

06007376 THE MARKETING LAB LTD 2016-12-31 false 2015-12-01 2016-12-31 true 06007376 2015-12-01 2016-12-31 06007376 2016-12-31 06007376 2015-11-30 06007376 uk-gaap-cd-bus:Director1 2015-12-01 2016-12-31 06007376 uk-gaap-cd-bus:Director2 2015-12-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 06007376

THE MARKETING LAB LTD

Abbreviated Accounts

31 December 2016

THE MARKETING LAB LTD Registered Number 06007376

Abbreviated Balance Sheet as at 31 December 2016

	Notes	31/12/2016	30/11/2015
		£	£
Fixed assets
Tangible assets	2	5,406	3,190
		5,406	3,190
Current assets
Debtors		69,315	68,784
Cash at bank and in hand		65,885	45,270
		135,200	114,054
Creditors: amounts falling due within one year		(44,647)	(44,379)
Net current assets (liabilities)		90,553	69,675
Total assets less current liabilities		95,959	72,865
Provisions for liabilities		(638)	(638)
Total net assets (liabilities)		95,321	72,227
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		95,221	72,127
Shareholders' funds		95,321	72,227

For the year ending 31 December 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 June 2017

And signed on their behalf by:
Daniel Otterburn, Director

THE MARKETING LAB LTD Registered Number 06007376

Notes to the Abbreviated Accounts for the period ended 31 December 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment 25% reducing balance

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 December 2015	12,025
Additions	2,716
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	14,741
Depreciation
At 1 December 2015	8,835
Charge for the year	500
On disposals	-
At 31 December 2016	9,335
Net book values
At 31 December 2016	5,406
At 30 November 2015	3,190

3Called Up Share Capital
Allotted, called up and fully paid:

	31/12/2016 £	30/11/2015 £
100 Ordinary shares of £1 each	100	100