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Company No: 12957488 (England and Wales)

SAN DIGITAL LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH THE REGISTRAR

SAN DIGITAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024

Contents

SAN DIGITAL LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024
SAN DIGITAL LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024
DIRECTORS Mr L Crossley
Mrs V Crossley
Mrs E Farrow
Mr S Farrow
REGISTERED OFFICE Kendal House
Oxenholme Road
Kendal
LA9 7RL
England
United Kingdom
BUSINESS ADDRESS 79 Ludford Grove, Sale, M33 4DQ
COMPANY NUMBER 12957488 (England and Wales)
ACCOUNTANT MHA
Murley Moss Business Village
Oxenholme Road
Kendal
LA9 7RL
SAN DIGITAL LIMITED

BALANCE SHEET

AS AT 31 MARCH 2024
SAN DIGITAL LIMITED

BALANCE SHEET (continued)

AS AT 31 MARCH 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 21,929 22,687
21,929 22,687
Current assets
Debtors 4 127,368 87,024
Cash at bank and in hand 51,016 233,760
178,384 320,784
Creditors: amounts falling due within one year 5 ( 94,496) ( 138,395)
Net current assets 83,888 182,389
Total assets less current liabilities 105,817 205,076
Provision for liabilities ( 5,579) ( 5,672)
Net assets 100,238 199,404
Capital and reserves
Called-up share capital 0 0
Profit and loss account 100,238 199,404
Total shareholders' funds 100,238 199,404

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of San Digital Limited (registered number: 12957488) were approved and authorised for issue by the Board of Directors on 02 August 2024. They were signed on its behalf by:

Mr S Farrow
Director
SAN DIGITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024
SAN DIGITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

San Digital Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Kendal House, Oxenholme Road, Kendal, LA9 7RL, England, United Kingdom. The principal place of business is 79 Ludford Grove, Sale, M33 4DQ.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 14 13

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 April 2023 31,281 31,281
Additions 6,548 6,548
At 31 March 2024 37,829 37,829
Accumulated depreciation
At 01 April 2023 8,594 8,594
Charge for the financial year 7,306 7,306
At 31 March 2024 15,900 15,900
Net book value
At 31 March 2024 21,929 21,929
At 31 March 2023 22,687 22,687

4. Debtors

2024 2023
£ £
Trade debtors 124,352 83,259
Other debtors 3,016 3,765
127,368 87,024

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 2,533
Taxation and social security 91,141 131,716
Other creditors 3,355 4,146
94,496 138,395