REGISTERED NUMBER: |
DIGITAL GAMBIT LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
8 MAY 2023 TO 31 DECEMBER 2023 |
REGISTERED NUMBER: |
DIGITAL GAMBIT LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
8 MAY 2023 TO 31 DECEMBER 2023 |
DIGITAL GAMBIT LTD (REGISTERED NUMBER: 14853448) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 8 MAY 2023 TO 31 DECEMBER 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 | to | 4 |
DIGITAL GAMBIT LTD |
COMPANY INFORMATION |
FOR THE PERIOD 8 MAY 2023 TO 31 DECEMBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3 Castlegate |
Grantham |
Lincolnshire |
NG31 6SF |
BANKERS: |
PO Box 1EZ |
196 Oxford Street |
London |
W1D 1NT |
DIGITAL GAMBIT LTD (REGISTERED NUMBER: 14853448) |
STATEMENT OF FINANCIAL POSITION |
31 DECEMBER 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
DIGITAL GAMBIT LTD (REGISTERED NUMBER: 14853448) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 8 MAY 2023 TO 31 DECEMBER 2023 |
1. | STATUTORY INFORMATION |
Digital Gambit Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the fair value of consideration received for the provision of digital support services. Revenue is recongnised in the period in which the services are provided. |
Tangible fixed assets |
Plant and machinery etc | - |
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
Tangible fixed assets are held at cost less accumulated depreciation. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date. |
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. |
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 period 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 period was |
DIGITAL GAMBIT LTD (REGISTERED NUMBER: 14853448) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 8 MAY 2023 TO 31 DECEMBER 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
Additions |
At 31 December 2023 |
DEPRECIATION |
Charge for period |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation |
VAT | 2,567 |
Directors' current accounts | 8,272 |
Accruals and deferred income |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1 | 900 |
8. | POST BALANCE SHEET EVENTS |
Subsequent to the year end, dividends of £6,000 were declared by the directors. |