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REGISTERED NUMBER: 04644583 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

DIGITORIAL LIMITED

DIGITORIAL LIMITED (REGISTERED NUMBER: 04644583)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DIGITORIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 March 2024







DIRECTORS: F A Woods-Walker
A R Raison
D Z Raison
Mrs O B L Lillywhite





REGISTERED OFFICE: Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX





REGISTERED NUMBER: 04644583 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

DIGITORIAL LIMITED (REGISTERED NUMBER: 04644583)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 375,000 375,000
Tangible assets 5 2,221 2,962
377,221 377,962

CURRENT ASSETS
Debtors 6 18,800 19,142
Cash at bank 55,018 54,539
73,818 73,681
CREDITORS
Amounts falling due within one year 7 54,835 70,481
NET CURRENT ASSETS 18,983 3,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

396,204

381,162

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 8 287,821 287,821
Retained earnings 107,383 92,341
SHAREHOLDERS' FUNDS 396,204 381,162

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

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

DIGITORIAL LIMITED (REGISTERED NUMBER: 04644583)

BALANCE SHEET - continued
31 March 2024


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 5 September 2024 and were signed on its behalf by:





A R Raison - Director


DIGITORIAL LIMITED (REGISTERED NUMBER: 04644583)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024


1. STATUTORY INFORMATION

Digitorial 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales for access and usage of the database in the accounting period in accordance with agreed terms, excluding value added tax. Charges for usage beyond the year end are carried forward as prepaid as are a proportion of outright sales for which costs and services have to be incurred in future periods.

Intangible fixed assets
The online development value of the content created by the company is shown at the most recent valuation by the directors. This represents the current estimated production cost. Any change in value since the previous valuation has been recognised in the Income Statement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Research and development
Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

DIGITORIAL LIMITED (REGISTERED NUMBER: 04644583)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 375,000
NET BOOK VALUE
At 31 March 2024 375,000
At 31 March 2023 375,000

Cost or valuation at 31 March 2024 is represented by:

Other
intangible
assets
£   
Valuation in 2021 375,000

The value of the online content of newspapers, magazine titles and collections created by the company has been considered by the directors to be £375,000 at 31 March 2021 and remain unchanged.

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 183 28,975 29,158
DEPRECIATION
At 1 April 2023 164 26,032 26,196
Charge for year 5 736 741
At 31 March 2024 169 26,768 26,937
NET BOOK VALUE
At 31 March 2024 14 2,207 2,221
At 31 March 2023 19 2,943 2,962

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,125 1,725
Other debtors 16,675 17,417
18,800 19,142

DIGITORIAL LIMITED (REGISTERED NUMBER: 04644583)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 March 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,900 27
Taxation and social security 8,746 11,395
Other creditors 40,189 59,059
54,835 70,481

8. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 287,821