Digiprints Pro Limited
Unaudited accounts
Contents
Digiprints Pro Limited
Company Information
for the year ended 31 March 2024
Directors
Arun Ganatra
Nisha Ganatra
Company Number
5343734 (England and Wales)
Registered Office
8 Pinner View
Harrow
Middlesex
HA1 4Qa
GB
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Digiprints Pro Limited for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Digiprints Pro Limited for the year ended
31 March 2024 as set out on pages
4 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
A J Shah and Company
Chartered Accountants
8 Pinner View
Harrow
Middlesex
HA1 4QA
12 August 2024
Digiprints Pro Limited
Statement of financial position
as at 31 March 2024
Intangible assets
2,240
2,310
Tangible assets
42,942
56,829
Cash at bank and in hand
29,861
12,611
Creditors: amounts falling due within one year
(63,259)
(54,055)
Net current liabilities
(20,274)
(23,576)
Total assets less current liabilities
24,908
35,563
Creditors: amounts falling due after more than one year
(22,033)
(32,310)
Called up share capital
10
10
Profit and loss account
2,865
3,243
Shareholders' funds
2,875
3,253
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 12 August 2024 and were signed on its behalf by
Arun Ganatra
Director
Company Registration No. 5343734
Digiprints Pro Limited
Notes to the Accounts
for the year ended 31 March 2024
Digiprints Pro Limited is a private company, limited by shares, registered in England and Wales, registration number 5343734. The registered office is 8 Pinner View, Harrow, Middlesex, HA1 4Qa, GB.
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.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Digiprints Pro Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
13,554
165,840
179,394
At 31 March 2024
13,554
169,138
182,692
At 1 April 2023
5,638
116,927
122,565
Charge for the year
271
16,914
17,185
At 31 March 2024
5,909
133,841
139,750
At 31 March 2024
7,645
35,297
42,942
At 31 March 2023
7,916
48,913
56,829
Amounts falling due within one year
Accrued income and prepayments
8,149
11,393
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,900
16,289
Taxes and social security
21,383
2,885
Other creditors
2,895
3,964
Loans from directors
153
2
8
Creditors: amounts falling due after more than one year
2024
2023
Amounts due to directors at the balance sheet date is £153 (2023: £2) . The balance arose as a series of small loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed.
10
Average number of employees
During the year the average number of employees was 6 (2023: 4).