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REGISTERED NUMBER: 08326183 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

PRESTIGE DIGITAL LIMITED

PRESTIGE DIGITAL LIMITED (REGISTERED NUMBER: 08326183)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PRESTIGE DIGITAL LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTOR: A V Fletcher





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 08326183 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

PRESTIGE DIGITAL LIMITED (REGISTERED NUMBER: 08326183)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1

CURRENT ASSETS
Debtors 5 437 -
Cash at bank 783,627 437,108
784,064 437,108
CREDITORS
Amounts falling due within one year 6 8,506 43,351
NET CURRENT ASSETS 775,558 393,757
TOTAL ASSETS LESS CURRENT
LIABILITIES

775,559

393,758

PROVISIONS FOR LIABILITIES 7 - 90
NET ASSETS 775,559 393,668

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 775,558 393,667
SHAREHOLDERS' FUNDS 775,559 393,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 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 director and authorised for issue on 11 October 2023 and were signed by:




A V Fletcher - Director


PRESTIGE DIGITAL LIMITED (REGISTERED NUMBER: 08326183)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Prestige Digital 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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 1
NET BOOK VALUE
At 31 March 2023 1
At 31 March 2022 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 437 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax - 437
Directors' loan accounts 7,546 41,954
Accrued expenses 960 960
8,506 43,351

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 90

PRESTIGE DIGITAL LIMITED (REGISTERED NUMBER: 08326183)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 90
Foreign exchange gains (90 )
Balance at 31 March 2023 -

8. RELATED PARTY DISCLOSURES

During the period the company received £421,850 of dividends (2022: £289,700) from Architect Labs Limited of which the director is also the majority shareholder and director thereof.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A V Fletcher.