Digital Nomad Holdings Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11156412 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

DIGITAL NOMAD HOLDINGS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Kirby

REGISTERED OFFICE:

9 Clarence Road

Berkhamsted

Hertfordshire

HP4 3BQ

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

1,095,345

1,095,345

CURRENT ASSETS

Investments

5

10,121

5,060

Cash in hand

100

100

10,221

5,160

CREDITORS

Amounts falling due within one year

6

6,876

3,826

NET CURRENT ASSETS

3,345

1,334

TOTAL ASSETS LESS CURRENT LIABILITIES

1,098,690

1,096,679

CREDITORS

Amounts falling due after more than one year

7

1,095,345

1,095,345

NET ASSETS

3,345

1,334

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

3,245

1,234

SHAREHOLDERS' FUNDS

3,345

1,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 January 2024 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 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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2022

and 31 March 2023

1,095,345

Net book value

At 31 March 2023

1,095,345

At 31 March 2022

1,095,345

5.	CURRENT ASSET INVESTMENTS

2023

2022

£

£

Investment in LLP

10,121

5,060

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Taxation and social security

1,209

758

Other creditors

5,667

3,068

6,876

3,826

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans

1,095,345

1,095,345

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,095,345

1,095,345

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

100

Ordinary shares

£1

100

100