Digital Rebellion Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10356313 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2019

for

Digital Rebellion Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T J Kett

Mrs K Kett

REGISTERED OFFICE:

15 Padgate

Thorpe End

Norwich

Norfolk

NR13 5DG

REGISTERED NUMBER:

10356313 (England and Wales)

ACCOUNTANTS:

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

FIXED ASSETS

Property, plant and equipment

4

1,698

1,562

CURRENT ASSETS

Debtors

5

29,744

16,596

Cash at bank

1,026

7,770

30,770

24,366

CREDITORS

Amounts falling due within one year

6

31,802

25,552

NET CURRENT LIABILITIES

(1,032

)

(1,186

)

TOTAL ASSETS LESS CURRENT LIABILITIES

666

376

PROVISIONS FOR LIABILITIES

323

297

NET ASSETS

343

79

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

342

78

SHAREHOLDERS' FUNDS

343

79

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2020 and were signed on its behalf by:

Mr T J Kett - Director

1.	STATUTORY INFORMATION

Digital Rebellion 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred 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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement

of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 October 2018

2,000

Additions

919

At 30 September 2019

2,919

DEPRECIATION

At 1 October 2018

438

Charge for year

783

At 30 September 2019

1,221

NET BOOK VALUE

At 30 September 2019

1,698

At 30 September 2018

1,562

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Trade debtors

16,560

16,416

S455 tax debtor

3,186

-

Directors' current accounts

9,802

-

Prepayments

196

180

29,744

16,596

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Tax

20,934

15,236

VAT

10,868

8,322

Directors' current accounts

-

1,994

31,802

25,552

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2019 and

30 September 2018:

30.9.19

30.9.18

£

£

Mr T J Kett

Balance outstanding at start of year

(1,994

)

(80

)

Amounts advanced

28,618

10,590

Amounts repaid

(16,822

)

(12,504

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,802

(1,994

)

During the year, interest of £127 was charged on the loan balance.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £73,500 (2018 - £77,190) were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr T J Kett.