Digital Arch Limited - Limited company accounts 18.1d

REGISTERED NUMBER: 08335857 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

Digital Arch Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

H Barua

REGISTERED OFFICE:

Sterling Partners Limited

Units 15 & 16

7 Wenlock Road

London

N1 7SL

REGISTERED NUMBER:

08335857 (England and Wales)

ACCOUNTANTS:

Sterling Partners Ltd

Chartered Accountants

Chartered Tax Advisors

Units 15 and 16

7 Wenlock Road

London

N1 7SL

The director presents his report with the financial statements of the company for the year ended 31 December 2017.

DIRECTORS

H Barua has held office during the whole of the period from 1 January 2017 to the date of this report.

Other changes in directors holding office are as follows:

Mrs E Papageorgiou - resigned 31 October 2017

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

H Barua - Director

26 April 2018

TURNOVER

-

3,378

Administrative expenses

2,179

2,180

(2,179

)

1,198

Other operating income

43

-

OPERATING (LOSS)/PROFIT and

(LOSS)/PROFIT BEFORE TAXATION

(2,136

)

1,198

Tax on (loss)/profit

(170

)

170

(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(1,966

)

1,028

CURRENT ASSETS

Debtors

3

560

-

Cash at bank

227

2,658

787

2,658

CREDITORS

Amounts falling due within one year

4

1,809

1,714

NET CURRENT (LIABILITIES)/ASSETS

(1,022

)

944

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,022

)

944

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(1,122

)

844

(1,022

)

944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 April 2018 and were signed by:

H Barua - Director

1.	STATUTORY INFORMATION

Digital Arch 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Other debtors

560

-

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade creditors

1,680

-

Taxation and social security

(170

)

15

Other creditors

299

1,699

1,809

1,714