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Company Registration No. 12504402 (England and Wales)
Hashbang Digital Limited Unaudited accounts for the year ended 31 March 2024
Hashbang Digital Limited Unaudited accounts Contents
Page
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Hashbang Digital Limited Company Information for the year ended 31 March 2024
Directors
Andrew Bell Daniel Perry Paul Watson
Company Number
12504402 (England and Wales)
Registered Office
International House 12 Constance Street London E16 2DQ England
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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Hashbang Digital Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
165,713 
22,634 
Current assets
Debtors
496,038 
427,455 
Cash at bank and in hand
949,655 
848,113 
1,445,693 
1,275,568 
Creditors: amounts falling due within one year
(416,164)
(426,320)
Net current assets
1,029,529 
849,248 
Total assets less current liabilities
1,195,242 
871,882 
Provisions for liabilities
Deferred tax
(31,485)
(4,300)
Net assets
1,163,757 
867,582 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
1,163,457 
867,282 
Shareholders' funds
1,163,757 
867,582 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by
Andrew Bell Director Company Registration No. 12504402
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Hashbang Digital Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Hashbang Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 12504402. The registered office is International House, 12 Constance Street, London, E16 2DQ, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
Motor vehicles
25% reducing balance
Computer equipment
33.33% straight line
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Hashbang Digital Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
28,799 
28,799 
Additions
161,260 
9,633 
170,893 
At 31 March 2024
161,260 
38,432 
199,692 
Depreciation
At 1 April 2023
- 
6,165 
6,165 
Charge for the year
16,908 
10,906 
27,814 
At 31 March 2024
16,908 
17,071 
33,979 
Net book value
At 31 March 2024
144,352 
21,361 
165,713 
At 31 March 2023
- 
22,634 
22,634 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
488,902 
423,192 
Accrued income and prepayments
7,136 
4,263 
496,038 
427,455 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
156,917 
130,815 
Trade creditors
16,220 
46,373 
Taxes and social security
191,339 
173,956 
Other creditors
5,083 
14,400 
Loans from directors
900 
900 
Accruals
45,705 
59,876 
416,164 
426,320 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300 
300 
8
Average number of employees
During the year the average number of employees was 11 (2023: 10).
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