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Company Registration No. 12469122 (England and Wales)
DIGI HOME TECHNOLOGY LIMITED Unaudited accounts for the year ended 29 February 2024
DIGI HOME TECHNOLOGY LIMITED Unaudited accounts Contents
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DIGI HOME TECHNOLOGY LIMITED Company Information for the year ended 29 February 2024
Director
Stephen Marston
Company Number
12469122 (England and Wales)
Registered Office
41 SOUTHWAY DRIVE YEOVIL BA21 3ED ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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DIGI HOME TECHNOLOGY LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,239 
3,403 
Current assets
Debtors
840 
250 
Cash at bank and in hand
36,647 
65,520 
37,487 
65,770 
Creditors: amounts falling due within one year
(14,750)
(34,900)
Net current assets
22,737 
30,870 
Net assets
33,976 
34,273 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
33,975 
34,272 
Shareholders' funds
33,976 
34,273 
For the year ending 29 February 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 22 October 2024 and were signed on its behalf by
Stephen Marston Director Company Registration No. 12469122
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DIGI HOME TECHNOLOGY LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
DIGI HOME TECHNOLOGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12469122. The registered office is 41 SOUTHWAY DRIVE, YEOVIL, BA21 3ED, 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.
Turnover
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
50% Straight Line
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
3,607 
4,000 
- 
7,607 
Additions
- 
12,250 
800 
13,050 
At 29 February 2024
3,607 
16,250 
800 
20,657 
Depreciation
At 1 March 2023
1,804 
2,400 
- 
4,204 
Charge for the year
1,804 
3,250 
160 
5,214 
At 29 February 2024
3,608 
5,650 
160 
9,418 
Net book value
At 29 February 2024
(1)
10,600 
640 
11,239 
At 28 February 2023
1,803 
1,600 
- 
3,403 
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DIGI HOME TECHNOLOGY LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
367 
250 
Other debtors
473 
- 
840 
250 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
213 
9,520 
Other creditors
1,501 
1,383 
Loans from directors
12,687 
23,543 
Accruals
349 
454 
14,750 
34,900 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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