0 01/03/2023 29/02/2024 2024-02-29 false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2023-03-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12463680 2023-03-01 2024-02-29 12463680 2024-02-29 12463680 2023-02-28 12463680 2022-03-01 2023-02-28 12463680 2023-02-28 12463680 2022-02-28 12463680 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 12463680 bus:RegisteredOffice 2023-03-01 2024-02-29 12463680 bus:LeadAgentIfApplicable 2023-03-01 2024-02-29 12463680 bus:Director1 2023-03-01 2024-02-29 12463680 core:FurnitureFittingsToolsEquipment 2023-02-28 12463680 core:FurnitureFittingsToolsEquipment 2024-02-29 12463680 core:WithinOneYear 2024-02-29 12463680 core:WithinOneYear 2023-02-28 12463680 core:ShareCapital 2024-02-29 12463680 core:ShareCapital 2023-02-28 12463680 core:RetainedEarningsAccumulatedLosses 2024-02-29 12463680 core:RetainedEarningsAccumulatedLosses 2023-02-28 12463680 core:FurnitureFittingsToolsEquipment 2023-02-28 12463680 bus:SmallEntities 2023-03-01 2024-02-29 12463680 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 12463680 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 12463680 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12463680 bus:FullAccounts 2023-03-01 2024-02-29
Company registration number: 12463680
Digital Delivery Solutions Ltd
Unaudited filleted financial statements
29 February 2024
Digital Delivery Solutions Ltd
Contents
Directors and other information
Accountant's report
Statement of financial position
Notes to the financial statements
Digital Delivery Solutions Ltd
Directors and other information
Director G P Walton
Company number 12463680
Registered office 392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
Accountant Hailwood & Co.
392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
Digital Delivery Solutions Ltd
Chartered accountant's report to the director on the preparation of the
unaudited statutory financial statements of Digital Delivery Solutions Ltd
Period ended 29 February 2024
As described on the Statement of financial position, the director of the company is responsible for the preparation of the financial statements for the period ended 29 February 2024, as set out on pages 3 to 6.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Hailwood & Co.
Chartered Accountants
392-394 Hoylake Road
Moreton
Wirral
CH46 6DF
15 November 2024
Digital Delivery Solutions Ltd
Statement of financial position
29 February 2024
29/02/24 28/02/23
Note £ £ £ £
Fixed assets
Tangible assets 5 757 1,009
_______ _______
757 1,009
Current assets
Cash at bank and in hand 70,321 26,636
_______ _______
70,321 26,636
Creditors: amounts falling due
within one year 6 ( 16,728) ( 12,903)
_______ _______
Net current assets 53,593 13,733
_______ _______
Total assets less current liabilities 54,350 14,742
_______ _______
Net assets 54,350 14,742
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 54,349 14,741
_______ _______
Shareholder funds 54,350 14,742
_______ _______
For the period ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 15 November 2024 , and are signed on behalf of the board by:
G P Walton
Director
Company registration number: 12463680
Digital Delivery Solutions Ltd
Notes to the financial statements
Period ended 29 February 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 392-394 Hoylake Road, Moreton, Wirral, CH46 6DF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipment - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4. Employee numbers
The average number of persons employed by the company during the period amounted to Nil (2023: Nil).
5. Tangible assets
Office equipment Total
£ £
Cost
At 1 March 2023 and 29 February 2024 1,794 1,794
_______ _______
Depreciation
At 1 March 2023 785 785
Charge for the year 252 252
_______ _______
At 29 February 2024 1,037 1,037
_______ _______
Carrying amount
At 29 February 2024 757 757
_______ _______
At 28 February 2023 1,009 1,009
_______ _______
6. Creditors: amounts falling due within one year
29/02/24 28/02/23
£ £
Corporation tax 14,727 -
Other creditors 2,001 12,903
_______ _______
16,728 12,903
_______ _______
7. Controlling party
The company is controlled by the directors whose names are shown on the directors' report.
8. Directors' advances, credits and guarantees
All movements on directors' advances, credits and guarantees, were as would be expected under normal market conditions, not material in terms of risk or benefits arising and would therefore not influence the users of these accounts when assessing the financial position of the company.