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REGISTERED NUMBER: 11047063 (England and Wales)















Digital Origin Holdings Ltd

Unaudited Financial Statements for the Year Ended 31 December 2023






Digital Origin Holdings Ltd (Registered number: 11047063)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


Digital Origin Holdings Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J J Evans
R Sweetlove
I F N Evans
S J Richardson





REGISTERED OFFICE: Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD





REGISTERED NUMBER: 11047063 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Digital Origin Holdings Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Digital Origin Holdings Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Digital Origin Holdings Ltd, as a body, in accordance with the terms of our engagement letter dated 30 March 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Digital Origin Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Digital Origin Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Digital Origin Holdings Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Digital Origin Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Digital Origin Holdings Ltd. You consider that Digital Origin Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Digital Origin Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


21 February 2024

Digital Origin Holdings Ltd (Registered number: 11047063)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 300 274
Investments 5 4,580,868 2,294,657
4,581,168 2,294,931

CURRENT ASSETS
Debtors 6 76,038 28,382
Cash at bank 40,037 28,848
116,075 57,230
CREDITORS
Amounts falling due within one year 7 1,528,315 779,935
NET CURRENT LIABILITIES (1,412,240 ) (722,705 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,168,928

1,572,226

CREDITORS
Amounts falling due after more than one
year

8

1,432,500

602,500
NET ASSETS 1,736,428 969,726

CAPITAL AND RESERVES
Called up share capital 414 400
Retained earnings 1,736,014 969,326
1,736,428 969,726

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Digital Origin Holdings Ltd (Registered number: 11047063)

Balance Sheet - continued
31 December 2023


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 21 February 2024 and were signed on its behalf by:





J J Evans - Director


Digital Origin Holdings Ltd (Registered number: 11047063)

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

1. STATUTORY INFORMATION

Digital Origin Holdings Ltd 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 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 each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Digital Origin Holdings Ltd (Registered number: 11047063)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 670 18,317 18,987
Additions 100 - 100
At 31 December 2023 770 18,317 19,087
DEPRECIATION
At 1 January 2023 396 18,317 18,713
Charge for year 74 - 74
At 31 December 2023 470 18,317 18,787
NET BOOK VALUE
At 31 December 2023 300 - 300
At 31 December 2022 274 - 274

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023 2,294,657
Additions 2,286,211
At 31 December 2023 4,580,868
NET BOOK VALUE
At 31 December 2023 4,580,868
At 31 December 2022 2,294,657

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 52,320 4,320
Other debtors 23,718 24,062
76,038 28,382

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 31,667 41,667
Trade creditors 22,828 10,325
Taxation and social security 28,425 7,308
Other creditors 1,445,395 720,635
1,528,315 779,935

Digital Origin Holdings Ltd (Registered number: 11047063)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 1,432,500 602,500

9. ULTIMATE CONTROLLING PARTY

The company is controlled by director and his wife, who own 84% of the share capital.