Company Registration No. 14336892 (England and Wales)
Digital Scaling Solutions Limited
Unaudited accounts
for the year ended 30 September 2024
Digital Scaling Solutions Limited
Unaudited accounts
Contents
Digital Scaling Solutions Limited
Company Information
for the year ended 30 September 2024
Directors
Sean-Thomas Hammon
Francesca Hammon
Company Number
14336892 (England and Wales)
Registered Office
42 Goulds Close
Bletchley
Milton Keynes
MK1 1EQ
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Digital Scaling Solutions Limited
Statement of financial position
as at 30 September 2024
Tangible assets
3,096
2,085
Cash at bank and in hand
23,649
16,092
Creditors: amounts falling due within one year
(25,147)
(8,083)
Net current (liabilities)/assets
(1,498)
8,009
Total assets less current liabilities
1,598
10,094
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
910
9,598
Shareholders' funds
1,010
9,698
For the year ending 30 September 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 14 November 2024 and were signed on its behalf by
Sean-Thomas Hammon
Director
Company Registration No. 14336892
Digital Scaling Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
Digital Scaling Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 14336892. The registered office is 42 Goulds Close, Bletchley, Milton Keynes, MK1 1EQ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% Reducing Balance
Computer equipment
33% Reducing Balance
Digital Scaling Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
629
2,499
3,128
At 30 September 2024
629
5,531
6,160
At 1 October 2023
210
833
1,043
Charge for the year
210
1,844
2,054
At 30 September 2024
420
2,644
3,064
At 30 September 2024
209
2,887
3,096
At 30 September 2023
419
1,666
2,085
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,011
5,267
Loans from directors
12,612
-
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).