Company Registration No. 08651477 (England and Wales)
Design for Digital Limited
Unaudited accounts
for the year ended 31 August 2023
Design for Digital Limited
Unaudited accounts
Contents
Design for Digital Limited
Company Information
for the year ended 31 August 2023
Company Number
08651477 (England and Wales)
Registered Office
The Guild
High Street
Bath
BA1 5EB
Accountants
Mutu Accountancy Ltd
7 Chelsea Road
Bath
BA1 3DU
Design for Digital Limited
Statement of financial position
as at 31 August 2023
Tangible assets
2,280
2,905
Cash at bank and in hand
98,647
69,322
Creditors: amounts falling due within one year
(33,815)
(28,051)
Net current assets
81,914
57,201
Total assets less current liabilities
84,194
60,106
Provisions for liabilities
Called up share capital
120
120
Profit and loss account
83,820
59,434
Shareholders' funds
83,940
59,554
For the year ending 31 August 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 March 2024 and were signed on its behalf by
L J Tilley
Director
Company Registration No. 08651477
Design for Digital Limited
Notes to the Accounts
for the year ended 31 August 2023
Design for Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 08651477. The registered office is The Guild, High Street, Bath, BA1 5EB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over 10 years straight line
Computer equipment
Over 2 years straight line
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
4,115
195
9,141
13,451
At 31 August 2023
4,115
195
9,727
14,037
At 1 September 2022
2,257
195
8,094
10,546
Charge for the year
229
-
982
1,211
At 31 August 2023
2,486
195
9,076
11,757
At 31 August 2023
1,629
-
651
2,280
At 31 August 2022
1,858
-
1,047
2,905
Design for Digital Limited
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
11,675
11,430
Accrued income and prepayments
5,407
4,500
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
22,125
17,169
Loans from directors
539
2,436
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Average number of employees
During the year the average number of employees was 2 (2022: 2).