Digital Nomad Holdings Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 11156412 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

DIGITAL NOMAD HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Kirby

REGISTERED OFFICE:

Lytchett House

13 Freeland Park Wareham Road

Lytchett Matravers

Poole

BH16 6FA

REGISTERED NUMBER:

11156412 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Investment property

4

1,095,344

1,095,344

CURRENT ASSETS

Investments

5

5,060

2,632

Cash in hand

100

10

5,160

2,642

CREDITORS

Amounts falling due within one year

6

3,826

889

NET CURRENT ASSETS

1,334

1,753

TOTAL ASSETS LESS CURRENT LIABILITIES

1,096,678

1,097,097

CREDITORS

Amounts falling due after more than one year

7

1,095,344

1,095,344

NET ASSETS

1,334

1,753

CAPITAL AND RESERVES

Called up share capital

8

100

10

Retained earnings

1,234

1,743

SHAREHOLDERS' FUNDS

1,334

1,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 March 2023 and were signed by:

Mr D Kirby - Director

1.	STATUTORY INFORMATION

Digital Nomad Holdings 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2021

and 31 March 2022

1,095,344

Net book value

At 31 March 2022

1,095,344

At 31 March 2021

1,095,344

5.	CURRENT ASSET INVESTMENTS

2022

2021

£

£

Other

5,060

2,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Taxation and social security

758

409

Other creditors

3,068

480

3,826

889

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

1,095,344

1,095,344

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,095,344

1,095,344

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

100

Ordinary shares

£1

100

10