Silverfin false 31/10/2022 01/11/2021 31/10/2022 Louis Popping 16/10/2012 Louis Popping 16/10/2012 23 October 2023 The principal activity of the Company during the financial year was management consultancy. 08255625 2022-10-31 08255625 bus:Director1 2022-10-31 08255625 bus:Director2 2022-10-31 08255625 core:CurrentFinancialInstruments 2022-10-31 08255625 core:CurrentFinancialInstruments 2021-10-31 08255625 2021-10-31 08255625 core:ShareCapital 2022-10-31 08255625 core:ShareCapital 2021-10-31 08255625 core:RetainedEarningsAccumulatedLosses 2022-10-31 08255625 core:RetainedEarningsAccumulatedLosses 2021-10-31 08255625 2021-11-01 2022-10-31 08255625 bus:FullAccounts 2021-11-01 2022-10-31 08255625 bus:SmallEntities 2021-11-01 2022-10-31 08255625 bus:AuditExemptWithAccountantsReport 2021-11-01 2022-10-31 08255625 bus:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 08255625 bus:Director1 2021-11-01 2022-10-31 08255625 bus:Director2 2021-11-01 2022-10-31 08255625 2020-11-01 2021-10-31 iso4217:GBP xbrli:pure

Company No: 08255625 (England and Wales)

DIGIPOP LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2022
Pages for filing with the registrar

DIGIPOP LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2022

Contents

DIGIPOP LIMITED

BALANCE SHEET

As at 31 October 2022
DIGIPOP LIMITED

BALANCE SHEET (continued)

As at 31 October 2022
2022 2021
£ £
Current assets
Debtors 4 39,071 44,824
Cash at bank and in hand 7,407 524
46,478 45,348
Creditors: amounts falling due within one year 5 ( 31,459) ( 31,071)
Net current assets 15,019 14,277
Total assets less current liabilities 15,019 14,277
Net assets 15,019 14,277
Capital and reserves
Called-up share capital 1 1
Profit and loss account 15,018 14,276
Total shareholder's funds 15,019 14,277

For the financial year ending 31 October 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Digipop Limited (registered number: 08255625) were approved and authorised for issue by the Board of Directors on 23 October 2023. They were signed on its behalf by:

Louis Popping
Director
DIGIPOP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2022
DIGIPOP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2022
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Digipop Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Flat 1 Vale Towers, 58 London Road, Tunbridge Wells, TN1 1DT, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2022 2021
Number Number
Monthly average number of persons employed by the Company during the year, including directors 1 1

4. Debtors

2022 2021
£ £
Trade debtors 9,608 15,628
Other debtors 29,463 29,196
39,071 44,824

5. Creditors: amounts falling due within one year

2022 2021
£ £
Trade creditors 0 1,488
Taxation and social security 22,908 18,820
Other creditors 8,551 10,763
31,459 31,071

6. Related party transactions

Transactions with the entity's directors

2022 2021
£ £
Directors Loan Account 29,463 29,196

During the year, the company made advances totalling £52,922 (2021: £73,121) and received repayments of £52,655 (2021: £56,290).