Company registration number: 08849478
Unaudited financial statements
for the year ended 31 January 2024
for
Digital And Disruptive Connections Ltd
Pages for filing with the Registrar
Digital And Disruptive Connections Ltd
Chartered Accountants' Report to the Director for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Digital And Disruptive Connections Ltd for the year ended 31 January 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Director of Digital And Disruptive Connections Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Digital And Disruptive Connections Ltd and state those matters that we have agreed to state to them in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Digital And Disruptive Connections Ltd and its Director for our work, or for this report.
It is your duty to ensure that Digital And Disruptive Connections Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Digital And Disruptive Connections Ltd. You consider that Digital And Disruptive Connections Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Digital And Disruptive Connections Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Date: 31 October 2024
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Company registration number: 08849478
Digital And Disruptive Connections Ltd
Balance sheet
as at 31 January 2024
31 Jan 24 31 Jan 23
Note £ £ £ £
Fixed assets
Tangible assets 4 165,483 25,089
Investments - 42,438
165,483 67,527
Current assets
Debtors 120,711 31,047
Cash at bank and in hand 123,593 221,821
244,304 252,868
Creditors: amounts falling due within
one year
(45,288) (77,869)
Net current assets 199,016 174,999
Total assets less current liabilities 364,499 242,526
NET ASSETS 364,499 242,526
Capital and reserves
Called up share capital 2 2
Profit and loss account 364,497 242,524
TOTAL EQUITY 364,499 242,526
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
2
Company registration number: 08849478
Digital And Disruptive Connections Ltd
Balance sheet - continued
as at 31 January 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr J Daniels, Director
31 October 2024
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Digital And Disruptive Connections Ltd
Notes to the financial statements
for the year ended 31 January 2024
1 Company information
Digital And Disruptive Connections Ltd is a private company registered in England and Wales. Its registered number is 08849478. The company is limited by shares. Its registered office is Office C First Floor Alma Park, Claybrooke Parva, Lutterworth, LE17 5BH.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Digital And Disruptive Connections Ltd
Notes to the financial statements - continued
for the year ended 31 January 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was Nil (2023 - 1).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 February 2023 46,587
Additions 160,000
At 31 January 2024 206,587
Depreciation
At 1 February 2023 21,498
Charge for year 19,606
At 31 January 2024 41,104
Net book value
At 31 January 2024 165,483
At 31 January 2023 25,089
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Digital And Disruptive Connections Ltd
Exception report
for the year ended 31 January 2024
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Fixed asset investments
Opening balance at
1 February 2023 per
TB
Balance at 31
January 2023 per
accounts
Difference
£ £ £
Unlisted investments (Account 557)
Unlisted investments - cost - 42,438 (42,438)
Unlisted investments - amortisation - - -
Unlisted investments - net book value - 42,438 (42,438)
Reserves
Opening balance at
1 February 2023 per
TB
Balance at 31
January 2023 per
accounts
Difference
£ £ £
Profit and loss account (Account 968) 242,525 242,524 1
242,525 242,524 1
This page does not form part of the statutory financial statements.
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