0 false false false false false false false false false true false false false true true false No description of principal activity 2022-08-01 Sage Accounts Production Advanced 2021 - FRS102_2021 600 506 19 525 75 94 xbrli:pure xbrli:shares iso4217:GBP 09151076 2022-08-01 2023-07-31 09151076 2023-07-31 09151076 2022-07-31 09151076 2021-08-01 2022-07-31 09151076 2022-07-31 09151076 core:PlantMachinery 2022-08-01 2023-07-31 09151076 bus:Director1 2022-08-01 2023-07-31 09151076 core:PlantMachinery 2022-07-31 09151076 core:PlantMachinery 2023-07-31 09151076 core:WithinOneYear 2023-07-31 09151076 core:WithinOneYear 2022-07-31 09151076 core:AfterOneYear 2023-07-31 09151076 core:AfterOneYear 2022-07-31 09151076 core:ShareCapital 2023-07-31 09151076 core:ShareCapital 2022-07-31 09151076 core:RetainedEarningsAccumulatedLosses 2023-07-31 09151076 core:RetainedEarningsAccumulatedLosses 2022-07-31 09151076 core:PlantMachinery 2022-07-31 09151076 bus:Director1 2022-07-31 09151076 bus:Director1 2023-07-31 09151076 bus:Director1 2021-07-31 09151076 bus:Director1 2022-07-31 09151076 bus:Director1 2021-08-01 2022-07-31 09151076 bus:SmallEntities 2022-08-01 2023-07-31 09151076 bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09151076 bus:FullAccounts 2022-08-01 2023-07-31 09151076 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 09151076 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
COMPANY REGISTRATION NUMBER: 09151076
D.G.INFOTECH LIMITED
Filleted Unaudited Financial Statements
31 July 2023
D.G.INFOTECH LIMITED
Statement of Financial Position
31 July 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
75
94
Current assets
Debtors
6
130
770
Cash at bank and in hand
699
1,237
----
-------
829
2,007
Creditors: amounts falling due within one year
7
6,623
4,693
-------
-------
Net current liabilities
5,794
2,686
-------
-------
Total assets less current liabilities
( 5,719)
( 2,592)
Creditors: amounts falling due after more than one year
8
10,171
11,493
--------
--------
Net liabilities
( 15,890)
( 14,085)
--------
--------
Capital and reserves
Called up share capital
10
10
Profit and loss account
( 15,900)
( 14,095)
--------
--------
Shareholders deficit
( 15,890)
( 14,085)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
D.G.INFOTECH LIMITED
Statement of Financial Position (continued)
31 July 2023
These financial statements were approved by the board of directors and authorised for issue on 23 April 2024 , and are signed on behalf of the board by:
Mr D Green
Director
Company registration number: 09151076
D.G.INFOTECH LIMITED
Notes to the Financial Statements
Year ended 31 July 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ridgewell & Boreham Accountancy Services Limited, 24a Crown Street, CM144BA, Essex.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
20% reducing balance
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: 2 ).
5. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 August 2022 and 31 July 2023
600
600
----
----
Depreciation
At 1 August 2022
506
506
Charge for the year
19
19
----
----
At 31 July 2023
525
525
----
----
Carrying amount
At 31 July 2023
75
75
----
----
At 31 July 2022
94
94
----
----
6. Debtors
2023
2022
£
£
Other debtors
130
770
----
----
7. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
3,959
3,961
Other creditors
2,664
732
-------
-------
6,623
4,693
-------
-------
8. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
10,171
11,493
--------
--------
9. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr D Green
640
( 2,572)
( 1,932)
----
-------
----
-------
2022
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr D Green
6,386
( 5,746)
640
-------
----
-------
----