Digicare UK Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05644264 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2021

for

Digicare UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M Good

REGISTERED OFFICE:

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

REGISTERED NUMBER:

05644264 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

FIXED ASSETS

Tangible assets

4

44,084

25,252

CURRENT ASSETS

Stocks

12,872

29,569

Debtors

5

29,475

74,786

Cash at bank

179,290

97,009

221,637

201,364

CREDITORS

Amounts falling due within one year

6

44,232

63,503

NET CURRENT ASSETS

177,405

137,861

TOTAL ASSETS LESS CURRENT LIABILITIES

221,489

163,113

CREDITORS

Amounts falling due after more than one year

7

(36,667

)

(46,667

)

PROVISIONS FOR LIABILITIES

(8,238

)

(4,614

)

NET ASSETS

176,584

111,832

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

176,484

111,732

SHAREHOLDERS' FUNDS

176,584

111,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2022 and were signed by:

Mrs M Good - Director

1.	STATUTORY INFORMATION

Digicare UK 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

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2020 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2020

113,223

Additions

38,441

Disposals

(33,517

)

At 30 September 2021

118,147

DEPRECIATION

At 1 October 2020

87,971

Charge for year

14,694

Eliminated on disposal

(28,602

)

At 30 September 2021

74,063

NET BOOK VALUE

At 30 September 2021

44,084

At 30 September 2020

25,252

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade debtors

15,804

7,200

Other debtors

13,671

67,586

29,475

74,786

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Bank loans and overdrafts

10,116

3,333

Trade creditors

660

11,485

Taxation and social security

23,219

36,164

Other creditors

10,237

12,521

44,232

63,503

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.21

30.9.20

£

£

Bank loans

36,667

46,667

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2021 and 30 September 2020:

30.9.21

30.9.20

£

£

Mrs M Good

Balance outstanding at start of year

238

155

Amounts advanced

-

238

Amounts repaid

(238

)

(155

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

238