Digital Highway Limited - Accounts to registrar (filleted) - small 18.1

Digital Highway Limited - Accounts to registrar (filleted) - small 18.1

DIGITAL HIGHWAY LIMITED - Company Information

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REGISTERED NUMBER: 02920341 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2017

FOR

DIGITAL HIGHWAY LIMITED
DIGITAL HIGHWAY LIMITED (REGISTERED NUMBER: 02920341)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DIGITAL HIGHWAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2017







DIRECTORS: Mr A D E Wallis
Mrs A Wallis





SECRETARY: Mr A D E Wallis





REGISTERED OFFICE: Raven House
Kings Gate
Bradford
West Yorkshire
BD1 4SJ





REGISTERED NUMBER: 02920341 (England and Wales)





ACCOUNTANTS: Hansons
St Oswald House
St Oswald Street
Castleford
West Yorkshire
WF10 1DH
Page 1
DIGITAL HIGHWAY LIMITED (REGISTERED NUMBER: 02920341)

BALANCE SHEET
30TH SEPTEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,031 1,540

CURRENT ASSETS
Debtors 5 42,939 46,923
Cash at bank 52,415 71,235
95,354 118,158
CREDITORS
Amounts falling due within one year 6 70,619 94,240
NET CURRENT ASSETS 24,735 23,918
TOTAL ASSETS LESS CURRENT
LIABILITIES
25,766
25,458

PROVISIONS FOR LIABILITIES 71 71
NET ASSETS 25,695 25,387

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 24,695 24,387
SHAREHOLDERS' FUNDS 25,695 25,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 28th June 2018 and were signed on its behalf by:



Mr A D E Wallis - Director


The notes form part of these financial statements

Page 2
DIGITAL HIGHWAY LIMITED (REGISTERED NUMBER: 02920341)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2017

1. STATUTORY INFORMATION

Digital Highway 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Computer equipment - 33% on reducing balance

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 .

Page 3 continued...
DIGITAL HIGHWAY LIMITED (REGISTERED NUMBER: 02920341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2017

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st October 2016
and 30th September 2017 6,215 28,023 34,238
DEPRECIATION
At 1st October 2016 6,214 26,484 32,698
Charge for year 1 508 509
At 30th September 2017 6,215 26,992 33,207
NET BOOK VALUE
At 30th September 2017 - 1,031 1,031
At 30th September 2016 1 1,539 1,540

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 41,646 45,630
Prepayments 1,293 1,293
42,939 46,923

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 51,730 66,999
Taxation 146 205
VAT 1,338 2,622
Accrued expenses 17,405 24,414
70,619 94,240

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A Wallis.

Page 4