DIG (Holdings) Limited - Limited company - abbreviated - 11.6

DIG (Holdings) Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 02079782 (England and Wales)















Abbreviated Unaudited Accounts

for the Period 1 November 2013 to 31 January 2015

for

DIG (Holdings) Limited

DIG (Holdings) Limited (Registered number: 02079782)






Contents of the Abbreviated Accounts
for the Period 1 November 2013 to 31 January 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

DIG (Holdings) Limited

Company Information
for the Period 1 November 2013 to 31 January 2015







DIRECTORS: Mr I D Turner
Mr T Newson
Mrs E K Turner
Mrs L D Newson
Mrs S E Millis





REGISTERED OFFICE: Unit 7 Master Lord
Industrial Estate
Station Road
Leiston
Suffolk
IP16 4JD





REGISTERED NUMBER: 02079782 (England and Wales)





ACCOUNTANTS: Finnigan & Co
37 Lower Brook Street
Ipswich
Suffolk
IP4 1AQ

DIG (Holdings) Limited (Registered number: 02079782)

Abbreviated Balance Sheet
31 January 2015

31.1.15 31.10.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - 2,833
Tangible assets 3 1,279 7,627
Investments 4 81,824 202
83,103 10,662

CURRENT ASSETS
Debtors 25,515 297,715
Cash at bank 484,639 17,059
510,154 314,774
CREDITORS
Amounts falling due within one year 176,985 30,074
NET CURRENT ASSETS 333,169 284,700
TOTAL ASSETS LESS CURRENT
LIABILITIES

416,272

295,362

PROVISIONS FOR LIABILITIES - 918
NET ASSETS 416,272 294,444

DIG (Holdings) Limited (Registered number: 02079782)

Abbreviated Balance Sheet - continued
31 January 2015

31.1.15 31.10.13
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 5 660 540
Profit and loss account 415,612 293,904
SHAREHOLDERS' FUNDS 416,272 294,444

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 29 April 2015 and were signed on its behalf by:





Mr I D Turner - Director


DIG (Holdings) Limited (Registered number: 02079782)

Notes to the Abbreviated Accounts
for the Period 1 November 2013 to 31 January 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements
The financial statements contain information about DIG (Holdings) Limited as an individual company and do not
contain consolidated financial information as the parent of a group. The company has taken the option under
Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of twenty years.

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

Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 30% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013 10,000
Disposals (10,000 )
At 31 January 2015 -
AMORTISATION
At 1 November 2013 7,167
Eliminated on disposal (7,167 )
At 31 January 2015 -
NET BOOK VALUE

At 31 January 2015 -
At 31 October 2013 2,833

DIG (Holdings) Limited (Registered number: 02079782)

Notes to the Abbreviated Accounts - continued
for the Period 1 November 2013 to 31 January 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013 212,314
Additions 4,800
Disposals (167,900 )
At 31 January 2015 49,214
DEPRECIATION
At 1 November 2013 204,687
Charge for period 436
Eliminated on disposal (157,188 )
At 31 January 2015 47,935
NET BOOK VALUE
At 31 January 2015 1,279
At 31 October 2013 7,627

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 November 2013 202
Additions 81,622
At 31 January 2015 81,824
NET BOOK VALUE
At 31 January 2015 81,824
At 31 October 2013 202

The company's investments at the Balance Sheet date in the share capital of companies include the following:

DIG Corrugated Machinery Limited
Nature of business: Supplying the corrugated cardboard industry
%
Class of shares: holding
Ordinary 100.00
31.1.15 31.10.13
£    £   
Aggregate capital and reserves 68,000 80,301
Profit for the period/year 107,297 922

DIG (Holdings) Limited (Registered number: 02079782)

Notes to the Abbreviated Accounts - continued
for the Period 1 November 2013 to 31 January 2015

4. FIXED ASSET INVESTMENTS - continued

DIG Tube Manipulation and Fabrication Limited
Nature of business: Manipulation and fabrication of tubes
%
Class of shares: holding
Ordinary 100.00
31.1.15 31.10.13
£    £   
Aggregate capital and reserves 75,738 224,936
Profit for the period/year 171,347 8,492

Kirby DIG Limited
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
31.1.15 31.10.13
£    £   
Aggregate capital and reserves 2 2

Aquagym Limited
Country of incorporation: Scotland
Nature of business: Supply of gym equipment
%
Class of shares: holding
Ordinary 100.00
31.1.15
£   
Aggregate capital and reserves 320,511
Profit for the period 127,275

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.15 31.10.13
value: £    £   
6,800 Ordinary A 5p 340 340
320 Ordinary B £1 320 200
660 540

The following shares were issued during the period for cash at par :

120 Ordinary B shares of £1