IRIS Accounts Production v24.1.9.2 SC582258 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5822582023-03-31SC5822582024-03-31SC5822582023-04-012024-03-31SC5822582022-03-31SC5822582022-04-012023-03-31SC5822582023-03-31SC582258ns15:Scotland2023-04-012024-03-31SC582258ns14:PoundSterling2023-04-012024-03-31SC582258ns10:Director12023-04-012024-03-31SC582258ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC582258ns10:SmallEntities2023-04-012024-03-31SC582258ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC582258ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC582258ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC582258ns10:FullAccounts2023-04-012024-03-31SC582258ns10:Director22023-04-012024-03-31SC582258ns10:RegisteredOffice2023-04-012024-03-31SC582258ns5:CurrentFinancialInstruments2024-03-31SC582258ns5:CurrentFinancialInstruments2023-03-31SC582258ns5:ShareCapital2024-03-31SC582258ns5:ShareCapital2023-03-31SC582258ns5:RetainedEarningsAccumulatedLosses2024-03-31SC582258ns5:RetainedEarningsAccumulatedLosses2023-03-31SC582258ns5:MotorVehicles2023-04-012024-03-31SC582258ns5:ComputerEquipment2023-04-012024-03-31SC582258ns5:MotorVehicles2023-03-31SC582258ns5:ComputerEquipment2023-03-31SC582258ns5:MotorVehicles2024-03-31SC582258ns5:ComputerEquipment2024-03-31SC582258ns5:MotorVehicles2023-03-31SC582258ns5:ComputerEquipment2023-03-31SC582258ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31SC582258ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31SC5822581ns10:Director12023-03-31SC5822581ns10:Director12022-03-31SC5822581ns10:Director12023-04-012024-03-31SC5822581ns10:Director12022-04-012023-03-31SC5822581ns10:Director12024-03-31SC5822581ns10:Director12023-03-31
REGISTERED NUMBER: SC582258 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Digital Minefield Limited

Digital Minefield Limited (Registered number: SC582258)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Digital Minefield Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J V J Cheatle
J N Wray





REGISTERED OFFICE: G2/B Banchory Business Centre
Burn O'Bennie Road
Banchory
Aberdeenshire
AB31 5ZU





REGISTERED NUMBER: SC582258 (Scotland)





ACCOUNTANTS: Cowan & Partners Limited
60 Constitution Street
Edinburgh
EH6 6RR

Digital Minefield Limited (Registered number: SC582258)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 55,577 4,126

CURRENT ASSETS
Debtors 5 139,094 269,371
Cash at bank 93,485 204,997
232,579 474,368
CREDITORS
Amounts falling due within one year 6 58,479 196,126
NET CURRENT ASSETS 174,100 278,242
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,677

282,368

PROVISIONS FOR LIABILITIES 12,863 -
NET ASSETS 216,814 282,368

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 216,714 282,268
216,814 282,368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Digital Minefield Limited (Registered number: SC582258)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by:





J V J Cheatle - Director


Digital Minefield Limited (Registered number: SC582258)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Digital Minefield Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Taxation
Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Digital Minefield Limited (Registered number: SC582258)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 - 7,907 7,907
Additions 53,246 355 53,601
At 31 March 2024 53,246 8,262 61,508
DEPRECIATION
At 1 April 2023 - 3,781 3,781
Charge for year - 2,150 2,150
At 31 March 2024 - 5,931 5,931
NET BOOK VALUE
At 31 March 2024 53,246 2,331 55,577
At 31 March 2023 - 4,126 4,126

No indicators of impairment were noted in the year.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 136,502 260,545
Other debtors 2,592 8,826
139,094 269,371

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 51,080 -
Taxation and social security 65 188,576
Other creditors 7,334 7,550
58,479 196,126

Digital Minefield Limited (Registered number: SC582258)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
J V J Cheatle
Balance outstanding at start of year 224 -
Amounts advanced - 224
Amounts repaid (224 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 224