2022-04-012023-03-312023-03-31false12525853DIGIREX LIMITED2023-11-0962090iso4217:GBPxbrli:pure125258532022-04-01125258532023-03-31125258532022-04-012023-03-31125258532021-04-01125258532022-03-31125258532021-04-012022-03-3112525853bus:SmallEntities2022-04-012023-03-3112525853bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3112525853bus:FullAccounts2022-04-012023-03-3112525853bus:PrivateLimitedCompanyLtd2022-04-012023-03-3112525853core:WithinOneYear2023-03-3112525853core:AfterOneYear2023-03-3112525853core:WithinOneYear2022-03-3112525853core:AfterOneYear2022-03-3112525853core:ShareCapital2023-03-3112525853core:SharePremium2023-03-3112525853core:RevaluationReserve2023-03-3112525853core:OtherReservesSubtotal2023-03-3112525853core:RetainedEarningsAccumulatedLosses2023-03-3112525853core:ShareCapital2022-03-3112525853core:SharePremium2022-03-3112525853core:RevaluationReserve2022-03-3112525853core:OtherReservesSubtotal2022-03-3112525853core:RetainedEarningsAccumulatedLosses2022-03-3112525853core:LandBuildings2023-03-3112525853core:PlantMachinery2023-03-3112525853core:Vehicles2023-03-3112525853core:FurnitureFittings2023-03-3112525853core:OfficeEquipment2023-03-3112525853core:NetGoodwill2023-03-3112525853core:IntangibleAssetsOtherThanGoodwill2023-03-3112525853core:ListedExchangeTraded2023-03-3112525853core:UnlistedNon-exchangeTraded2023-03-3112525853core:LandBuildings2022-03-3112525853core:PlantMachinery2022-03-3112525853core:Vehicles2022-03-3112525853core:FurnitureFittings2022-03-3112525853core:OfficeEquipment2022-03-3112525853core:NetGoodwill2022-03-3112525853core:IntangibleAssetsOtherThanGoodwill2022-03-3112525853core:ListedExchangeTraded2022-03-3112525853core:UnlistedNon-exchangeTraded2022-03-3112525853core:LandBuildings2022-04-012023-03-3112525853core:PlantMachinery2022-04-012023-03-3112525853core:Vehicles2022-04-012023-03-3112525853core:FurnitureFittings2022-04-012023-03-3112525853core:OfficeEquipment2022-04-012023-03-3112525853core:NetGoodwill2022-04-012023-03-3112525853core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112525853core:ListedExchangeTraded2022-04-012023-03-3112525853core:UnlistedNon-exchangeTraded2022-04-012023-03-3112525853core:MoreThanFiveYears2022-04-012023-03-3112525853core:Non-currentFinancialInstruments2023-03-3112525853core:Non-currentFinancialInstruments2022-03-3112525853dpl:CostSales2022-04-012023-03-3112525853dpl:DistributionCosts2022-04-012023-03-3112525853core:LandBuildings2022-04-012023-03-3112525853core:PlantMachinery2022-04-012023-03-3112525853core:Vehicles2022-04-012023-03-3112525853core:FurnitureFittings2022-04-012023-03-3112525853core:OfficeEquipment2022-04-012023-03-3112525853dpl:AdministrativeExpenses2022-04-012023-03-3112525853core:NetGoodwill2022-04-012023-03-3112525853core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112525853dpl:GroupUndertakings2022-04-012023-03-3112525853dpl:ParticipatingInterests2022-04-012023-03-3112525853dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112525853core:ListedExchangeTraded2022-04-012023-03-3112525853dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112525853core:UnlistedNon-exchangeTraded2022-04-012023-03-3112525853dpl:CostSales2021-04-012022-03-3112525853dpl:DistributionCosts2021-04-012022-03-3112525853core:LandBuildings2021-04-012022-03-3112525853core:PlantMachinery2021-04-012022-03-3112525853core:Vehicles2021-04-012022-03-3112525853core:FurnitureFittings2021-04-012022-03-3112525853core:OfficeEquipment2021-04-012022-03-3112525853dpl:AdministrativeExpenses2021-04-012022-03-3112525853core:NetGoodwill2021-04-012022-03-3112525853core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3112525853dpl:GroupUndertakings2021-04-012022-03-3112525853dpl:ParticipatingInterests2021-04-012022-03-3112525853dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3112525853core:ListedExchangeTraded2021-04-012022-03-3112525853dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3112525853core:UnlistedNon-exchangeTraded2021-04-012022-03-3112525853core:NetGoodwill2023-03-3112525853core:IntangibleAssetsOtherThanGoodwill2023-03-3112525853core:LandBuildings2023-03-3112525853core:PlantMachinery2023-03-3112525853core:Vehicles2023-03-3112525853core:FurnitureFittings2023-03-3112525853core:OfficeEquipment2023-03-3112525853core:AfterOneYear2023-03-3112525853core:WithinOneYear2023-03-3112525853core:ListedExchangeTraded2023-03-3112525853core:UnlistedNon-exchangeTraded2023-03-3112525853core:ShareCapital2023-03-3112525853core:SharePremium2023-03-3112525853core:RevaluationReserve2023-03-3112525853core:OtherReservesSubtotal2023-03-3112525853core:RetainedEarningsAccumulatedLosses2023-03-3112525853core:NetGoodwill2022-03-3112525853core:IntangibleAssetsOtherThanGoodwill2022-03-3112525853core:LandBuildings2022-03-3112525853core:PlantMachinery2022-03-3112525853core:Vehicles2022-03-3112525853core:FurnitureFittings2022-03-3112525853core:OfficeEquipment2022-03-3112525853core:AfterOneYear2022-03-3112525853core:WithinOneYear2022-03-3112525853core:Liste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DIGIREX LIMITED

Registered Number
12525853
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

DIGIREX LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

DUMBARTON, Lee Gary

Registered Address

Whiteleaf Business Centre
11 Little Balmer
Buckingham
MK18 1TF

Registered Number

12525853 (England and Wales)
DIGIREX LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets51,062943
1,062943
Current assets
Debtors61,5562,456
Cash at bank and on hand1,412289
2,9682,745
Creditors amounts falling due within one year7(2,710)(2,661)
Net current assets (liabilities)25884
Total assets less current liabilities1,3201,027
Net assets1,3201,027
Capital and reserves
Called up share capital11
Profit and loss account1,3191,026
Shareholders' funds1,3201,027
The financial statements were approved and authorised for issue by the Director on 9 November 2023, and are signed on its behalf by:
DUMBARTON, Lee Gary
Director
Registered Company No. 12525853
DIGIREX LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings33
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year11
5.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 April 222,1002,100
Additions442442
At 31 March 232,5422,542
Depreciation and impairment
At 01 April 221,1571,157
Charge for year323323
At 31 March 231,4801,480
Net book value
At 31 March 231,0621,062
At 31 March 22943943
6.Debtors

2023

2022

££
Trade debtors / trade receivables1,3462,456
Prepayments and accrued income210-
Total1,5562,456
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables20054
Taxation and social security2,1831,692
Other creditors19614
Accrued liabilities and deferred income308301
Total2,7102,661
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.