2022-10-01 07790770 2023-09-30 07790770 2022-10-01 2023-09-30 07790770 2022-09-30 07790770 2021-10-01 2022-09-30 07790770 uk-core:WithinOneYear 2022-09-30 07790770 uk-core:WithinOneYear 2023-09-30 07790770 uk-core:ShareCapital 2023-09-30 07790770 uk-core:ShareCapital 2022-09-30 07790770 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 07790770 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 07790770 uk-bus:Director1 2022-10-01 2023-09-30 07790770 uk-core:ToolsEquipment 2022-10-01 2023-09-30 07790770 uk-core:FurnitureFittings 2022-10-01 2023-09-30 07790770 uk-core:ToolsEquipment 2022-09-30 07790770 uk-core:FurnitureFittings 2022-09-30 07790770 uk-core:FurnitureFittings 2023-09-30 07790770 uk-core:ToolsEquipment 2023-09-30 iso4217:GBP xbrli:pure 07790770 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 07790770 uk-bus:FRS102 2022-10-01 2023-09-30 07790770 uk-bus:FilletedAccounts 2022-10-01 2023-09-30 07790770 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Toasted Digital Limited
Registered Number:07790770
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2023
Toasted Digital Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07790770
As at 30 September 2023
Toasted Digital Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
21
29
2
21
29
Current assets
Trade and other receivables
1,164
9,733
3
21,404
Cash and cash equivalents
42,483
52,216
22,568
Trade and other payables: amounts falling due within one
year
(8,888)
(15,480)
4
13,680
36,736
Net current assets
Total assets less current liabilities
36,757
13,709
(5)
(5)
Provisions for liabilities
36,752
Net assets
13,704
Capital and reserves
Called up share capital
100
100
Retained earnings
36,652
13,604
36,752
13,704
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Matthew Barney Director
These financial statements were approved and authorised for issue by the Board on 12 March 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 September 2023
Toasted Digital Limited
Notes to the Financial Statements
Statutory Information
Toasted Digital Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07790770.
Registered address:
3rd Floor
86-90 Paul Street
London
EC2A 4NE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. An appropriate amount is included for work performed during the year but not yet invoiced at the balance sheet date.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer equipment
25% Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2 of 3
5
For the year ended 30 September 2023
Toasted Digital Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 October 2022
1,188
988
200
At 30 September 2023
200
988
1,188
Provision for depreciation and impairment
At 01 October 2022
1,159
986
173
Charge for year
8
1
7
At 30 September 2023
1,167
987
180
At 30 September 2023
Net book value
20
1
21
At 30 September 2022
27
2
29
3. Trade and other receivables
2022
2023
£
£
Trade debtors
9,733
1,164
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
9,433
4,503
Accruals and deferred income
5,745
4,385
Directors' loan accounts
231
-
Other creditors
71
-
15,480
8,888
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
3 of 3