DIGITAL SOLOUTIONS LIMITED

Company Registration Number:
11272004 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 April 2022

End date: 30 April 2023

DIGITAL SOLOUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DIGITAL SOLOUTIONS LIMITED

Profit And Loss Account

for the Period Ended 30 April 2023

13 months to 30 April 2023 2022


£

£
Turnover: 4,589,837 3,857,839
Cost of sales: ( 2,603,986 ) ( 2,310,932 )
Gross profit(or loss): 1,985,851 1,546,907
Distribution costs: ( 159,680 ) ( 137,201 )
Administrative expenses: ( 401,708 ) ( 335,087 )
Operating profit(or loss): 1,424,463 1,074,619
Profit(or loss) before tax: 1,424,463 1,074,619
Tax: ( 270,647 ) ( 146,702 )
Profit(or loss) for the financial year: 1,153,816 927,917

DIGITAL SOLOUTIONS LIMITED

Balance sheet

As at 30 April 2023

Notes 13 months to 30 April 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,135,165 689,615
Total fixed assets: 1,135,165 689,615
Current assets
Stocks: 4 1,295,587 616,925
Debtors: 5 929,420 861,289
Cash at bank and in hand: 423,658 266,883
Total current assets: 2,648,665 1,745,097
Creditors: amounts falling due within one year: 6 ( 402,545 ) ( 207,243 )
Net current assets (liabilities): 2,246,120 1,537,854
Total assets less current liabilities: 3,381,285 2,227,469
Total net assets (liabilities): 3,381,285 2,227,469
Capital and reserves
Called up share capital: 225,000 225,000
Profit and loss account: 3,156,285 2,002,469
Total Shareholders' funds: 3,381,285 2,227,469

The notes form part of these financial statements

DIGITAL SOLOUTIONS LIMITED

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 14 February 2024
and signed on behalf of the board by:

Name: Baljit Singh Jhawar
Status: Director

The notes form part of these financial statements

DIGITAL SOLOUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

DIGITAL SOLOUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    13 months to 30 April 2023 2022
    Average number of employees during the period 13 12

DIGITAL SOLOUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 304,359 143,471 90,950 92,480 234,764 866,024
Additions 460,900 38,402 45,648 24,152 89,016 658,118
Disposals
Revaluations
Transfers
At 30 April 2023 765,259 181,873 136,598 116,632 323,780 1,524,142
Depreciation
At 1 April 2022 28,937 32,697 33,071 81,704 176,409
Charge for year 46,384 37,319 31,611 97,254 212,568
On disposals
Other adjustments
At 30 April 2023 75,321 70,016 64,682 178,958 388,977
Net book value
At 30 April 2023 765,259 106,552 66,582 51,950 144,822 1,135,165
At 31 March 2022 304,359 114,534 58,253 59,409 153,060 689,615

DIGITAL SOLOUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Stocks

13 months to 30 April 2023 2022
£ £
Stocks 1,295,587 616,925
Total 1,295,587 616,925

DIGITAL SOLOUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Debtors

13 months to 30 April 2023 2022
£ £
Trade debtors 929,420 861,289
Total 929,420 861,289

DIGITAL SOLOUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

6. Creditors: amounts falling due within one year note

13 months to 30 April 2023 2022
£ £
Trade creditors 131,898 60,541
Taxation and social security 270,647 146,702
Total 402,545 207,243