Company Registration No. 12740028 (England and Wales)
Digital Modus LTD
Unaudited accounts
for the period from 1 August 2022 to 30 June 2023
Digital Modus LTD
Unaudited accounts
Contents
Digital Modus LTD
Company Information
for the period from 1 August 2022 to 30 June 2023
Directors
Blake Griffin
Douglas Guthrie
Nicholas Howes
Company Number
12740028 (England and Wales)
Registered Office
WINTON HOUSE
WINTON SQUARE
BASINGSTOKE
HAMPSHIRE
RG21 8EN
UNITED KINGDOM
Accountants
Cranleys Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
Digital Modus LTD
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
100,518
229,234
Creditors: amounts falling due within one year
(278,938)
(294,304)
Net current assets
389,159
60,384
Called up share capital
2
2
Profit and loss account
410,420
60,382
Shareholders' funds
410,422
60,384
For the period ending 30 June 2023 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 2 October 2024 and were signed on its behalf by
Nicholas Howes
Director
Company Registration No. 12740028
Digital Modus LTD
Notes to the Accounts
for the period from 1 August 2022 to 30 June 2023
Digital Modus LTD is a private company, limited by shares, registered in England and Wales, registration number 12740028. The registered office is WINTON HOUSE, WINTON SQUARE, BASINGSTOKE, HAMPSHIRE, RG21 8EN, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer Equipment 25% reducing balance
Office Equipment 25% reducing balance
4
Tangible fixed assets
Computer equipment
Charge for the period
7,089
Amounts falling due within one year
Trade debtors
563,586
123,240
Accrued income and prepayments
3,991
-
Digital Modus LTD
Notes to the Accounts
for the period from 1 August 2022 to 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
59,177
63,399
Taxes and social security
154,749
139,239
7
Transactions with related parties
The related parties were directors and shareholders N A Howes, D Guthrie, B Griffin. During the year the related party transactions were expenditure incurred personally on behalf of the business.
8
Average number of employees
During the period the average number of employees was 18 (2022: 8).