DIGICORP UK LIMITED

Company Registration Number:
05639137 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

DIGICORP UK LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

DIGICORP UK LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 105,057 54,501
Total fixed assets: 105,057 54,501
Current assets
Stocks: 31,085 47,620
Debtors:   1,866,477 1,329,898
Cash at bank and in hand: 28,327 117,787
Total current assets: 1,925,889 1,495,305
Creditors: amounts falling due within one year:   (1,719,464) (1,192,256)
Net current assets (liabilities): 206,425 303,049
Total assets less current liabilities: 311,482 357,550
Creditors: amounts falling due after more than one year:   (127,903) (160,849)
Provision for liabilities: (26,264) (10,043)
Total net assets (liabilities): 157,315 186,658
Capital and reserves
Called up share capital: 900 900
Profit and loss account: 156,415 185,758
Shareholders funds: 157,315 186,658

The notes form part of these financial statements

DIGICORP UK LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 August 2024
and signed on behalf of the board by:

Name: Mr L Smith
Status: Director

The notes form part of these financial statements

DIGICORP UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

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.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Land and buildings Leasehold Over the term of the lease Fixtures, fittings and equipment 15% reducing balance Motor vehicles 25% straight line

DIGICORP UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 23 16

DIGICORP UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 342,581
Additions 64,490
At 30 November 2023 407,071
Depreciation
At 01 December 2022 288,080
Charge for year 13,934
At 30 November 2023 302,014
Net book value
At 30 November 2023 105,057
At 30 November 2022 54,501