Bullet Marketing Limited - Accounts to registrar (filleted) - small 17.3

Bullet Marketing Limited - Accounts to registrar (filleted) - small 17.3

BULLET MARKETING LIMITED - Company Information

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REGISTERED NUMBER: 04842820 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2017

FOR

BULLET MARKETING LIMITED

BULLET MARKETING LIMITED (REGISTERED NUMBER: 04842820)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2017










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BULLET MARKETING LIMITED

COMPANY INFORMATION
For The Year Ended 30 June 2017







DIRECTORS: P J Harris
J A Jones
L D Lowry
A N Strange





REGISTERED OFFICE: 75 Bermondsey Street
London
SE1 3XF





REGISTERED NUMBER: 04842820 (England and Wales)
Page 1
BULLET MARKETING LIMITED (REGISTERED NUMBER: 04842820)

ABRIDGED BALANCE SHEET
30 June 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 779 1,708
Investments 5 50 50
829 1,758

CURRENT ASSETS
Debtors 611,556 325,725
Cash at bank 344,666 134,443
956,222 460,168
CREDITORS
Amounts falling due within one year 797,073 293,750
NET CURRENT ASSETS 159,149 166,418
TOTAL ASSETS LESS CURRENT
LIABILITIES
159,978
168,176

CAPITAL AND RESERVES
Called up share capital 190 190
Retained earnings 159,788 167,986
SHAREHOLDERS' FUNDS 159,978 168,176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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.

The notes form part of these financial statements

Page 2 continued...
BULLET MARKETING LIMITED (REGISTERED NUMBER: 04842820)

ABRIDGED BALANCE SHEET - continued
30 June 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 28 March 2018 and were signed on its behalf by:





J A Jones - Director


The notes form part of these financial statements

Page 3
BULLET MARKETING LIMITED (REGISTERED NUMBER: 04842820)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2017


1. STATUTORY INFORMATION

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

Turnover
Turnover represents sales of marketing consultancy services, excluding value added tax, performed during the
year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred
income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly
attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.

Computer equipment-33.33% on cost
Fixtures and fittings-25% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and
liabilities. Financial instruments are recognised at amortised cost, except for investments in shares which are
measured at fair value. At the end of each reporting period financial instruments are assessed for evidence of
impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the
current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which
have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Fixed asset investments
The company's investments in shares in group companies are stated at cost less provision for impairment. Any
impairment is charged to the profit and loss account as it arises.

Page 4 continued...
BULLET MARKETING LIMITED (REGISTERED NUMBER: 04842820)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2017


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - 1 ).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2016
and 30 June 2017 15,056
DEPRECIATION
At 1 July 2016 13,348
Charge for year 929
At 30 June 2017 14,277
NET BOOK VALUE
At 30 June 2017 779
At 30 June 2016 1,708

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 July 2016
and 30 June 2017 50
NET BOOK VALUE
At 30 June 2017 50
At 30 June 2016 50

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 June 2017, the directors had loaned the company £nil (2016 - £12,000). There is no interest due on the
loan and it is repayable upon demand.

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

8. ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Brandwidth Group Limited. There is no single controlling party in
Brandwidth Group Limited.

Page 5