Digitec Limited - Accounts to registrar - small 17.1.1
Digitec Limited - Accounts to registrar - small 17.1.1
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 26 JANUARY 2016 TO 31 MARCH 2017 |
| FOR |
| DIGITEC LIMITED |
| DIGITEC LIMITED (REGISTERED NUMBER: 09969852) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Period 26 January 2016 to 31 March 2017 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| DIGITEC LIMITED |
| COMPANY INFORMATION |
| for the Period 26 January 2016 to 31 March 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 19 King Street |
| The Civic Quarter |
| Wakefield |
| West Yorkshire |
| WF1 2SQ |
| DIGITEC LIMITED (REGISTERED NUMBER: 09969852) |
| STATEMENT OF FINANCIAL POSITION |
| 31 March 2017 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| 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 on |
| DIGITEC LIMITED (REGISTERED NUMBER: 09969852) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Period 26 January 2016 to 31 March 2017 |
| 1. | STATUTORY INFORMATION |
| Digitec Limited is a |
| number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Taxation for the period 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 that have been enacted or |
| substantively enacted by the statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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 period 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| Going concern |
| The financial statements have been prepared on the going concern basis. The company is dependent on the |
| support of the Director and she has indicated her willingness to continue to support the business. |
| DIGITEC LIMITED (REGISTERED NUMBER: 09969852) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 26 January 2016 to 31 March 2017 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| Additions |
| At 31 March 2017 |
| DEPRECIATION |
| Charge for period |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade debtors |
| Prepayments and accrued income |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Social security and other taxes |
| VAT | 3,396 |
| Directors' current accounts | 60,000 |
| Accruals and deferred income |
| Accrued expenses |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | 10p | 10 |
| DIGITEC LIMITED (REGISTERED NUMBER: 09969852) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 26 January 2016 to 31 March 2017 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| Deficit for the period | ( |
) |
| At 31 March 2017 | ( |
) |
| 9. | RELATED PARTY DISCLOSURES |
| No transactions with related parties were undertaken such as are required to be disclosed under Financial |
| Reporting Standard 8. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |