Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activitytrue1false2023-01-011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08340227 2023-01-01 2023-12-31 08340227 2022-01-01 2022-12-31 08340227 2023-12-31 08340227 2022-12-31 08340227 c:Director1 2023-01-01 2023-12-31 08340227 d:CurrentFinancialInstruments 2023-12-31 08340227 d:CurrentFinancialInstruments 2022-12-31 08340227 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08340227 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08340227 d:ShareCapital 2023-12-31 08340227 d:ShareCapital 2022-12-31 08340227 d:SharePremium 2023-12-31 08340227 d:SharePremium 2022-12-31 08340227 d:RetainedEarningsAccumulatedLosses 2023-12-31 08340227 d:RetainedEarningsAccumulatedLosses 2022-12-31 08340227 c:FRS102 2023-01-01 2023-12-31 08340227 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08340227 c:FullAccounts 2023-01-01 2023-12-31 08340227 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08340227 2 2023-01-01 2023-12-31 08340227 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 08340227









DIGITAL INNOVATION AND GROWTH (DIG) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
DIGITAL INNOVATION AND GROWTH (DIG) LTD
REGISTERED NUMBER: 08340227

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors
 4 
16,307
18,592

Cash at bank and in hand
  
3,639
388

  
19,946
18,980

Creditors: amounts falling due within one year
 5 
(23,434)
(27,620)

Net current liabilities
  
 
 
(3,488)
 
 
(8,640)

Total assets less current liabilities
  
(3,488)
(8,640)

  

Net liabilities
  
(3,488)
(8,640)


Capital and reserves
  

Called up share capital 
  
42
42

Share premium account
  
149,484
149,484

Profit and loss account
  
(153,014)
(158,166)

  
(3,488)
(8,640)


Page 1

 
DIGITAL INNOVATION AND GROWTH (DIG) LTD
REGISTERED NUMBER: 08340227
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




W J L Makower
Director

Date: 16 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
DIGITAL INNOVATION AND GROWTH (DIG) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Digital Innovation and Growth (DIG) Ltd is a private company limited by shares and is registered in England and Wales. The company's registered number is 08340227. The address of the registered office is Marcar House, 13 Parkshot, Richmond, Surrey, TW9 2RG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements are prepared on a going concern basis.
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable furture. As a result, they continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
DIGITAL INNOVATION AND GROWTH (DIG) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
DIGITAL INNOVATION AND GROWTH (DIG) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors


2023
2022
£
£



Trade debtors
304
452

Other debtors
16,003
16,280

Tax recoverable
-
1,860

16,307
18,592



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
-
10

Trade creditors
11,774
3,070

Other taxation and social security
-
70

Accruals and deferred income
11,660
24,470

23,434
27,620


 
Page 5