Company Registration No. 08902364 (England and Wales)
258 Marketing Limited
Unaudited accounts
for the year ended 28 February 2019
258 Marketing Limited
Unaudited accounts
Contents
258 Marketing Limited
Company Information
for the year ended 28 February 2019
Directors
Mr A O O Joshua
Mr F J L Cunningham
Company Number
08902364 (England and Wales)
Registered Office
Churchill House, Suite 112
120 Bunns Lane
Mill Hill
London
NW7 2AS
Accountants
Platts
Suite 112, Churchill House
120 Bunns Lane
Mill Hill, London
NW7 2AS
258 Marketing Limited
Statement of financial position
as at 28 February 2019
Cash at bank and in hand
9,095,567
4,219,515
Creditors: amounts falling due within one year
(1,335,965)
(707,228)
Net current assets
8,853,302
4,077,288
Net assets
8,853,577
4,077,861
Called up share capital
1
1
Profit and loss account
8,853,576
4,077,860
Shareholders' funds
8,853,577
4,077,861
For the year ending 28 February 2019 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 15 April 2019.
Mr A O O Joshua
Director
Company Registration No. 08902364
258 Marketing Limited
Notes to the Accounts
for the year ended 28 February 2019
258 Marketing Limited is a private company, limited by shares, registered in England and Wales, registration number 08902364. The registered office is Churchill House, Suite 112, 120 Bunns Lane, Mill Hill, London, NW7 2AS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investments in shares are measured at cost less impairment.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Investments
Other investments
Valuation at 1 March 2018
573
Fair value adjustments
(298)
Valuation at 28 February 2019
275
Trade debtors
1,093,700
565,000
Amounts due from group undertakings etc.
-
1
258 Marketing Limited
Notes to the Accounts
for the year ended 28 February 2019
6
Creditors: amounts falling due within one year
2019
2018
Amounts owed to group undertakings and other participating interests
193,855
-
Taxes and social security
1,130,609
706,774
Loans from directors
485
454
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The immediate parent undertaking is Sparta Promotions Limited.
The ultimate controlling party is Mr A O O Joshua.
9
Average number of employees
During the year the average number of employees was 4 (2018: 2).