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REGISTERED NUMBER: 06434426 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Dig Dig UK Limited

Dig Dig UK Limited (Registered number: 06434426)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dig Dig UK Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mr S P C Morton
Mr M Pettit





SECRETARY: Mr S P C Morton





REGISTERED OFFICE: Simpsons Farm
Darkwood Lane, Samlesbury
Preston
Lancashire
PR5 ORH





REGISTERED NUMBER: 06434426 (England and Wales)





ACCOUNTANTS: Towers + Gornall Ltd
Chartered Certified Accountants
River View
96 High Street
Garstang
Preston
Lancashire
PR3 1WZ

Dig Dig UK Limited (Registered number: 06434426)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,134,215 1,019,264

CURRENT ASSETS
Debtors 5 655,739 385,223
Cash at bank 54,529 66,464
710,268 451,687
CREDITORS
Amounts falling due within one year 6 244,020 221,090
NET CURRENT ASSETS 466,248 230,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,600,463

1,249,861

CREDITORS
Amounts falling due after more than one
year

7

-

(7,080

)

PROVISIONS FOR LIABILITIES (268,443 ) (215,202 )
NET ASSETS 1,332,020 1,027,579

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 1,332,019 1,027,578
SHAREHOLDERS' FUNDS 1,332,020 1,027,579

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

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 16th July 2024 and were signed on its behalf by:





Mr S P C Morton - Director


Dig Dig UK Limited (Registered number: 06434426)

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


1. STATUTORY INFORMATION

Dig Dig UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation
Taxation for the year comprises current and deferred tax. 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 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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

Dig Dig UK Limited (Registered number: 06434426)

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


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2023 82,392 1,825,954 1,908,346
Additions - 387,227 387,227
Disposals - (241,679 ) (241,679 )
At 31st March 2024 82,392 1,971,502 2,053,894
DEPRECIATION
At 1st April 2023 15,986 873,096 889,082
Charge for year 1,648 206,581 208,229
Eliminated on disposal - (177,632 ) (177,632 )
At 31st March 2024 17,634 902,045 919,679
NET BOOK VALUE
At 31st March 2024 64,758 1,069,457 1,134,215
At 31st March 2023 66,406 952,858 1,019,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 207,795 182,734
Other debtors 447,944 202,489
655,739 385,223

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,080 21,240
Trade creditors 37,448 23,775
Taxation and social security 193,354 71,041
Other creditors 6,138 105,034
244,020 221,090

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 7,080

8. RESERVES
Retained
earnings
£   

At 1st April 2023 1,027,578
Profit for the year 394,441
Dividends (90,000 )
At 31st March 2024 1,332,019

Dig Dig UK Limited (Registered number: 06434426)

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


9. RELATED PARTY DISCLOSURES

At 31 March 2024 the company owed £2,873 (2023 £1,692) to the director of the company. No interest has been charged in the company in respect of the loan which is payable on demand and classified in creditors due within one year.