DIGIPAL UK GROUP LIMITED

Company Registration Number:
12487414 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

DIGIPAL UK GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DIGIPAL UK GROUP LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Mr M David


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 June 2024

And signed on behalf of the board by:
Name: Mr M David
Status: Director

DIGIPAL UK GROUP LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 2,455,777 2,115,212
Cost of sales: ( 1,779,840 ) ( 1,605,965 )
Gross profit(or loss): 675,937 509,247
Distribution costs: ( 29,665 ) ( 29,291 )
Administrative expenses: ( 619,973 ) ( 446,497 )
Operating profit(or loss): 26,299 33,459
Profit(or loss) before tax: 26,299 33,459
Tax: 79,175 14,102
Profit(or loss) for the financial year: 105,474 47,561

DIGIPAL UK GROUP LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 432,063 555,026
Total fixed assets: 432,063 555,026
Current assets
Debtors: 4 500,246 223,515
Cash at bank and in hand: 173,698 240,214
Total current assets: 673,944 463,729
Creditors: amounts falling due within one year: 5 ( 585,774 ) ( 641,858 )
Net current assets (liabilities): 88,170 (178,129)
Total assets less current liabilities: 520,233 376,897
Provision for liabilities: ( 50,361 ) ( 12,499 )
Total net assets (liabilities): 469,872 364,398
Capital and reserves
Called up share capital: 2 2
Share premium account: 217,347 217,347
Profit and loss account: 252,523 147,049
Total Shareholders' funds: 469,872 364,398

The notes form part of these financial statements

DIGIPAL UK GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 24 June 2024
and signed on behalf of the board by:

Name: Mr M David
Status: Director

The notes form part of these financial statements

DIGIPAL UK GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Plant and machinery - 20% Straight LineIo T Plant and machinery - 20% Straight LineEuro Pallets - 35% Straight Line

DIGIPAL UK GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 3

DIGIPAL UK GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 972,602 972,602
Additions 79,800 79,800
Disposals ( 9,020 ) ( 9,020 )
Revaluations
Transfers
At 31 December 2023 1,043,382 1,043,382
Depreciation
At 1 January 2023 417,576 417,576
Charge for year 197,352 197,352
On disposals ( 3,609 ) ( 3,609 )
Other adjustments
At 31 December 2023 611,319 611,319
Net book value
At 31 December 2023 432,063 432,063
At 31 December 2022 555,026 555,026

DIGIPAL UK GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 361,489 211,479
Other debtors 138,757 12,036
Total 500,246 223,515

DIGIPAL UK GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 244,157 214,062
Taxation and social security 107,485 62,341
Other creditors 234,132 365,455
Total 585,774 641,858

DIGIPAL UK GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Loans to directors

Name of director receiving advance or credit: Mr M David
Description of the transaction:
Directors loan account
£
Balance at 31 December 2022 2,110
Advances or credits made: 2,892
Advances or credits repaid:
Balance at 31 December 2023 5,002