Company Registration No. 06892937 (England and Wales)
DIGITOL LTD
Unaudited accounts
for the year ended 31 December 2021
DIGITOL LTD
Unaudited accounts
Contents
DIGITOL LTD
Company Information
for the year ended 31 December 2021
Director
Thomas Charles Mchugh
Company Number
06892937 (England and Wales)
Registered Office
15 Springvale Terrace,
London,
W14 0AE
DIGITOL LTD
Statement of financial position
as at 31 December 2021
Cash at bank and in hand
2,891
2,803
Creditors: amounts falling due within one year
(5,531)
(11,378)
Net current (liabilities)/assets
(2,640)
1,925
Net (liabilities)/assets
(2,640)
1,925
Called up share capital
1
1
Profit and loss account
(2,641)
1,924
Shareholders' funds
(2,640)
1,925
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 September 2022 and were signed on its behalf by
Thomas Charles Mchugh
Director
Company Registration No. 06892937
DIGITOL LTD
Notes to the Accounts
for the year ended 31 December 2021
DIGITOL LTD is a private company, limited by shares, registered in England and Wales, registration number 06892937. The registered office is 15 Springvale Terrace, , London, , W14 0AE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus
the value of work (net of VAT) performed during the year with respect to services.
Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is
recognised on the provision of services on a percentage degree of completion basis calculated by reference to the
time expended compared to the total anticipated time.
4
Debtors: amounts falling due within one year
2021
2020
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
-
92
Other creditors
2,878
6,937
6
Average number of employees
During the year the average number of employees was 1 (2020: 1).