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Company Registration No. 06921976 (England and Wales)
Digital Catalyst Limited Unaudited accounts for the year ended 31 December 2023
Digital Catalyst Limited Unaudited accounts Contents
Page
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Digital Catalyst Limited Company Information for the year ended 31 December 2023
Director
Mr Dhiraj Mighlani
Company Number
06921976 (England and Wales)
Registered Office
Building 6 30 Friern Park London N12 9DA
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Digital Catalyst Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,044 
1,017 
Current assets
Debtors
7,569 
3,483 
Cash at bank and in hand
202,563 
248,589 
210,132 
252,072 
Creditors: amounts falling due within one year
(28,630)
(65,710)
Net current assets
181,502 
186,362 
Total assets less current liabilities
183,546 
187,379 
Creditors: amounts falling due after more than one year
(12,749)
(21,490)
Provisions for liabilities
Deferred tax
(388)
(193)
Net assets
170,409 
165,696 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
170,309 
165,596 
Shareholders' funds
170,409 
165,696 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2024 and were signed on its behalf by
Mr Dhiraj Mighlani Director Company Registration No. 06921976
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Digital Catalyst Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Digital Catalyst Limited is a private company, limited by shares, registered in England and Wales, registration number 06921976. The registered office is Building 6, 30 Friern Park, London, N12 9DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
9,324 
Additions
2,007 
At 31 December 2023
11,331 
Depreciation
At 1 January 2023
8,307 
Charge for the year
980 
At 31 December 2023
9,287 
Net book value
At 31 December 2023
2,044 
At 31 December 2022
1,017 
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Digital Catalyst Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,660 
2,662 
Other debtors
909 
821 
7,569 
3,483 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,000 
9,000 
VAT
11,119 
13,025 
Trade creditors
219 
315 
Taxes and social security
4,079 
39,266 
Loans from directors
2,912 
2,600 
Accruals
1,301 
1,504 
28,630 
65,710 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,749 
21,490 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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