Company Registration No. 05382151 (England and Wales)
Digitec Solutions Limited
Unaudited accounts
for the year ended 31 March 2024
Digitec Solutions Limited
Unaudited accounts
Contents
Digitec Solutions Limited
Company Information
for the year ended 31 March 2024
Company Number
05382151 (England and Wales)
Registered Office
18 Devonshire Crescent
London
NW7 1DN
England
Digitec Solutions Limited
Statement of financial position
as at 31 March 2024
Tangible assets
10,499
10,997
Cash at bank and in hand
49,195
45,526
Creditors: amounts falling due within one year
(35,963)
(34,571)
Net current assets
17,465
12,135
Capital redemption reserve
100
100
Profit and loss account
27,864
23,032
Shareholders' funds
27,964
23,132
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 18 October 2024 and were signed on its behalf by
S Hodzic
Director
Company Registration No. 05382151
Digitec Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
Digitec Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 05382151. The registered office is 18 Devonshire Crescent, London, NW7 1DN, 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.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
21,734
40,557
-
62,291
Additions
4,014
-
1,039
5,053
At 31 March 2024
25,748
40,557
1,039
67,344
At 1 April 2023
19,465
31,829
-
51,294
Charge for the year
3,022
2,182
347
5,551
At 31 March 2024
22,487
34,011
347
56,845
At 31 March 2024
3,261
6,546
692
10,499
At 31 March 2023
2,269
8,728
-
10,997
Digitec Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
229
541
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,494
106
Other creditors
6,815
6,815
Loans from directors
21,939
22,490
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).