DIGITAL LAKERS LTD
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
111
Creditors: amounts falling due within one year
(16,697)
Net current assets
147,290
Called up share capital
146,500
Profit and loss account
10,794
Shareholders' funds
157,294
For the period ending 30 November 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 10 December 2023 and were signed on its behalf by
Patrick Muthomi Muriuki
Director
Company Registration No. 15076120
DIGITAL LAKERS LTD
Notes to the Accounts
for the period from 1 September 2022 to 30 November 2023
DIGITAL LAKERS LTD is a private company, limited by shares, registered in England and Wales, registration number 15076120. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Over 5 years Reducing Balance
4
Tangible fixed assets
Computer equipment
At 30 November 2023
12,199
Charge for the period
2,195
At 30 November 2023
10,004
This is amount Invested in Crypto Currency and the value is at the date of publishing this report
Amounts falling due within one year
DIGITAL LAKERS LTD
Notes to the Accounts
for the period from 1 September 2022 to 30 November 2023
7
Investments held as current assets
2023
Unlisted investments
53,848
8
Creditors: amounts falling due within one year
2023
9
Average number of employees
During the period the average number of employees was 1.