Company Registration No. 08902364 (England and Wales)
258 Marketing Limited
Unaudited accounts
for the year ended 28 February 2018
258 Marketing Limited
Unaudited accounts
Contents
258 Marketing Limited
Company Information
for the year ended 28 February 2018
Directors
Mr A O O Joshua
Mr F J L Cunningham
Company Number
08902364 (England and Wales)
Registered Office
Suite 301, Churchill House
120 Bunns Lane
Mill Hill
London
NW7 2AS
Accountants
Platts
Churchill House, Suite 301
120 Bunns Lane
Mill Hill
London
NW7 2AS
258 Marketing Limited
Statement of financial position
as at
28 February 2018
Cash at bank and in hand
4,219,515
1,604,869
Creditors: amounts falling due within one year
(707,228)
(480,082)
Net current assets
4,077,288
1,411,938
Net assets
4,077,861
1,545,324
Called up share capital
1
1
Profit and loss account
4,077,860
1,545,323
Shareholders' funds
4,077,861
1,545,324
For the year ending 28 February 2018 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 16 May 2018.
Mr A O O Joshua
Director
Company Registration No. 08902364
258 Marketing Limited
Notes to the Accounts
for the year ended 28 February 2018
258 Marketing Limited is a private company, limited by shares, registered in England and Wales, registration number 08902364. The registered office is Suite 301, Churchill House, 120 Bunns Lane, Mill Hill, London, NW7 2AS. The principal place of business is 11 Calico Row, Plantation Wharf, Battersea, London, SW11 3YH.
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.
4
Investments
Other investments
Valuation at 1 March 2017
133,386
Fair value adjustments
(132,813)
Valuation at 28 February 2018
573
Trade debtors
565,000
250,000
Amounts due from group undertakings etc.
1
301
258 Marketing Limited
Notes to the Accounts
for the year ended 28 February 2018
6
Creditors: amounts falling due within one year
2018
2017
Amounts owed to group undertakings and other participating interests
-
11,458
Taxes and social security
706,774
337,037
Loans from directors
454
121,864
7
Share capital
2018
2017
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
As detailed in the Director's Report, the Director, Mr A O O Joshua, owns the entire issued ordinary share capital of the company.
The immediate parent undertaking is Sparta Promotions Limited.
The ultimate controlling party is Mr A O O Joshua.
10
Average number of employees
During the year the average number of employees was 2 (2017: 3).