IRIS Accounts Production v23.1.0.753 04081521 Board of Directors 1.1.22 31.12.22 31.12.22 29.9.23 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure040815212021-12-31040815212022-12-31040815212022-01-012022-12-31040815212020-12-31040815212021-01-012021-12-31040815212021-12-3104081521ns15:EnglandWales2022-01-012022-12-3104081521ns14:PoundSterling2022-01-012022-12-3104081521ns10:Director12022-01-012022-12-3104081521ns10:PrivateLimitedCompanyLtd2022-01-012022-12-3104081521ns10:SmallEntities2022-01-012022-12-3104081521ns10:Audited2022-01-012022-12-3104081521ns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3104081521ns10:SmallCompaniesRegimeForAccounts2022-01-012022-12-3104081521ns10:FullAccounts2022-01-012022-12-3104081521ns10:Director22022-01-012022-12-3104081521ns10:RegisteredOffice2022-01-012022-12-3104081521ns5:CurrentFinancialInstruments2022-12-3104081521ns5:CurrentFinancialInstruments2021-12-3104081521ns5:ShareCapital2022-12-3104081521ns5:ShareCapital2021-12-3104081521ns5:RetainedEarningsAccumulatedLosses2022-12-3104081521ns5:RetainedEarningsAccumulatedLosses2021-12-3104081521ns5:FurnitureFittings2022-01-012022-12-3104081521ns5:FurnitureFittings2021-12-3104081521ns5:FurnitureFittings2022-12-3104081521ns5:FurnitureFittings2021-12-3104081521ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3104081521ns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-31
REGISTERED NUMBER: 04081521 (England and Wales)















Uk Digital Solutions Limited

Financial Statements for the Year Ended 31 December 2022






Uk Digital Solutions Limited (Registered number: 04081521)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Uk Digital Solutions Limited

Company Information
for the Year Ended 31 December 2022







Directors: J Latchem-Smith
C J S H Wallis





Registered office: 18-21 Old Field Road
Bocam Park, Pencoed
Bridgend
Mid Glamorgan
CF35 5LJ





Registered number: 04081521 (England and Wales)





Auditors: Haines Watts Wales LLP, Statutory Auditors
7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ

Uk Digital Solutions Limited (Registered number: 04081521)

Balance Sheet
31 December 2022

2022 2021
Notes £    £   
Fixed assets
Tangible assets 4 200 420

Current assets
Debtors 5 177,620 134,062
Cash at bank 9,823 2,155
187,443 136,217
Creditors
Amounts falling due within one year 6 (291,678 ) (240,288 )
Net current liabilities (104,235 ) (104,071 )
Total assets less current liabilities (104,035 ) (103,651 )

Capital and reserves
Called up share capital 200 200
Retained earnings (104,235 ) (103,851 )
(104,035 ) (103,651 )

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





C J S H Wallis - Director


Uk Digital Solutions Limited (Registered number: 04081521)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. Statutory information

Uk Digital Solutions 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.

Going concern
The company has made a loss for the year of £384. The director's are of the opinion that a the time of approving the financial statements there are adequate resources to continue in operational existence for the foreseeable future. For this reason, the directors continue to adopt the going concern basis for preparing the financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 the cost less estimated residual value of each asset over its estimated useful life.
Equipment - 25% straight line

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 6 (2021 - 9 ) .

Uk Digital Solutions Limited (Registered number: 04081521)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. Tangible fixed assets
Equipment
£   
Cost
At 1 January 2022
and 31 December 2022 876
Depreciation
At 1 January 2022 456
Charge for year 220
At 31 December 2022 676
Net book value
At 31 December 2022 200
At 31 December 2021 420

5. Debtors: amounts falling due within one year
2022 2021
£    £   
Trade debtors - 70,456
Amounts owed by group undertakings 176,970 -
Other debtors 400 63,356
Deferred tax asset 250 250
177,620 134,062

6. Creditors: amounts falling due within one year
2022 2021
£    £   
Trade creditors 7,339 782
Amounts owed to group undertakings 250,651 213,738
Social security and other taxes 4,889 4,569
VAT 28,799 21,199
291,678 240,288

7. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Victoria Carter (Senior Statutory Auditor)
for and on behalf of Haines Watts Wales LLP, Statutory Auditors

8. Ultimate controlling party

The ultimate parent company is Fields Holdings Limited, whose registered office is 21 Old Field Road, Bocam Park, Pencoed, Bridgend CF35 5LJ. Copies of it's financial statements are available from Companies House, Crown Way, Cardiff, CF14 3UZ.