Digital Investments Group Limited - Accounts to registrar (filleted) - small 18.2

Digital Investments Group Limited - Accounts to registrar (filleted) - small 18.2

DIGITAL INVESTMENTS GROUP LIMITED - Company Information

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REGISTERED NUMBER: 11113739 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2020

for

DIGITAL INVESTMENTS GROUP LIMITED
DIGITAL INVESTMENTS GROUP LIMITED (REGISTERED NUMBER: 11113739)






Contents of the Financial Statements
for the Year Ended 31 December 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

DIGITAL INVESTMENTS GROUP LIMITED

Company Information
for the Year Ended 31 December 2020







DIRECTORS: B Hatton
G P Withe





REGISTERED OFFICE: Chester House
Cheshire Oaks Business Park
Lloyd Drive
Ellesmere Port
Cheshire
CH65 9HQ





REGISTERED NUMBER: 11113739 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE
Page 1
DIGITAL INVESTMENTS GROUP LIMITED (REGISTERED NUMBER: 11113739)

Balance Sheet
31 December 2020

31.12.20 31.12.19
Notes £    £    £    £   
FIXED ASSETS
Investments 4 291,450 291,450

CURRENT ASSETS
Debtors 5 65,101 65,101

CREDITORS
Amounts falling due within one year 6 151,050 151,050
NET CURRENT LIABILITIES (85,949 ) (85,949 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
205,501
205,501

CAPITAL AND RESERVES
Called up share capital 7 851 851
Share premium 8 204,650 204,650
SHAREHOLDERS' FUNDS 205,501 205,501

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 7 September 2021 and were signed on its behalf by:





G P Withe - Director


The notes form part of these financial statements

Page 2
DIGITAL INVESTMENTS GROUP LIMITED (REGISTERED NUMBER: 11113739)

Notes to the Financial Statements
for the Year Ended 31 December 2020

1. STATUTORY INFORMATION

Digital Investments Group 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2020
and 31 December 2020 291,450
NET BOOK VALUE
At 31 December 2020 291,450
At 31 December 2019 291,450

Page 3 continued...
DIGITAL INVESTMENTS GROUP LIMITED (REGISTERED NUMBER: 11113739)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2020

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£    £   
Other debtors 65,101 65,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
£    £   
Other creditors 151,050 151,050

7. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 31.12.20 31.12.19
value: £    £   
5,010 Ordinary A £0.10 501 501
3,500 Ordinary B £0.10 350 350
851 851

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 January 2020 - 204,650 204,650
Profit for the year - -
At 31 December 2020 - 204,650 204,650

9. ULTIMATE CONTROLLING PARTY

The controlling party is Praetura Digital Group LLP.

Page 4
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Digital Investments Group Limited (Registered number: 11113739)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Digital Investments Group Limited for the year ended 31 December 2020 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Digital Investments Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Digital Investments Group Limited and state those matters that we have agreed to state to the Board of Directors of Digital Investments Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Digital Investments Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Digital Investments Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Digital Investments Group Limited. You consider that Digital Investments Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Digital Investments Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................

This page does not form part of the statutory financial statements

Page 5