Digitalis Retail 1 Limited 06987811 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Parent Company for Retail Group Digita Accounts Production Advanced 6.30.9574.0 true D King false 06987811 2023-04-01 2024-03-31 06987811 2024-03-31 06987811 core:RetainedEarningsAccumulatedLosses 2024-03-31 06987811 core:ShareCapital 2024-03-31 06987811 core:CurrentFinancialInstruments 2024-03-31 06987811 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06987811 bus:FRS102 2023-04-01 2024-03-31 06987811 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06987811 bus:FullAccounts 2023-04-01 2024-03-31 06987811 bus:RegisteredOffice 2023-04-01 2024-03-31 06987811 bus:Director1 2023-04-01 2024-03-31 06987811 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 06987811 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06987811 countries:EnglandWales 2023-04-01 2024-03-31 06987811 core:CostValuation 2023-03-31 06987811 2022-04-01 2023-03-31 06987811 2023-03-31 06987811 core:RetainedEarningsAccumulatedLosses 2023-03-31 06987811 core:ShareCapital 2023-03-31 06987811 core:CurrentFinancialInstruments 2023-03-31 06987811 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 06987811

Digitalis Retail 1 Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Digitalis Retail 1 Limited

Contents

Company Information

1

Income Statement

2

Statement of Financial Position

3

Notes to the Unaudited Financial Statements

4 to 5

 

Digitalis Retail 1 Limited

Company Information

Director

D King

Registered office

D S House
306 High Street
Croydon
Surrey
CR0 1NG

Accountants

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

 

Digitalis Retail 1 Limited

Income Statement for the Year Ended 31 March 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Digitalis Retail 1 Limited

(Registration number: 06987811)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

57

57

Current assets

 

Debtors

5

2,631

2,631

Net assets

 

2,688

2,688

Capital and reserves

 

Called up share capital

1

1

Retained earnings

2,687

2,687

Shareholders' funds

 

2,688

2,688

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 22 August 2024
 

.........................................
D King
Director

   
     
 

Digitalis Retail 1 Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
D S House
306 High Street
Croydon
Surrey
CR0 1NG
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

Digitalis Retail 1 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

4

Investments

2024
£

2023
£

Investments in subsidiaries

57

57

Subsidiaries

£

Cost or valuation

At 1 April 2023

57

Provision

Carrying amount

At 31 March 2024

57

At 31 March 2023

57

5

Debtors

Note

2024
£

2023
£

Amounts owed by related parties

2,631

2,631

 

2,631

2,631