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Company Registration No. 07573888 (England and Wales)
DIGIVANTE LIMITED Unaudited accounts for the year ended 31 March 2024
DIGIVANTE LIMITED Unaudited accounts Contents
Page
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DIGIVANTE LIMITED Company Information for the year ended 31 March 2024
Director
M TJ Mudge
Company Number
07573888 (England and Wales)
Registered Office
Midway House Herrick Way Staverton Cheltenham Gloucestershire GL51 6TQ England
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DIGIVANTE LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
535 
Current assets
Debtors
327,590 
61,887 
Cash at bank and in hand
148,834 
15,580 
476,424 
77,467 
Creditors: amounts falling due within one year
(119,000)
(260,724)
Net current assets/(liabilities)
357,424 
(183,257)
Total assets less current liabilities
357,424 
(182,722)
Creditors: amounts falling due after more than one year
(175,000)
(275,000)
Net assets/(liabilities)
182,424 
(457,722)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
182,324 
(457,822)
Shareholders' funds
182,424 
(457,722)
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 director acknowledges his 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 and authorised for issue on 8 October 2024 and were signed on its behalf by
M TJ Mudge Director Company Registration No. 07573888
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DIGIVANTE LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
DIGIVANTE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07573888. The registered office is Midway House Herrick Way, Staverton, Cheltenham, Gloucestershire, GL51 6TQ, 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.
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:
Plant & machinery
33.3% Straight line
Fixtures & fittings
33.3% Straight line
Computer equipment
20% Straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
35,439 
55,604 
66,610 
157,653 
At 31 March 2024
35,439 
55,604 
66,610 
157,653 
Depreciation
At 1 April 2023
35,391 
55,220 
66,507 
157,118 
Charge for the year
48 
384 
103 
535 
At 31 March 2024
35,439 
55,604 
66,610 
157,653 
Net book value
At 31 March 2024
- 
- 
- 
- 
At 31 March 2023
48 
384 
103 
535 
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DIGIVANTE LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
282 
4,511 
Trade debtors
308,286 
38,882 
Accrued income and prepayments
6,068 
5,540 
Other debtors
12,954 
12,954 
327,590 
61,887 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
100,000 
173,715 
Trade creditors
18,357 
9,855 
Taxes and social security
(15,802)
17,706 
Other creditors
4,071 
3,166 
Loans from directors
6,000 
56,000 
Accruals
6,374 
282 
119,000 
260,724 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
175,000 
275,000 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
M TJ Mudge
Director Loan Account
(56,000)
- 
(50,000)
(6,000)
(56,000)
- 
(50,000)
(6,000)
10
Average number of employees
During the year the average number of employees was 11 (2023: 11).
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