Company Registration No. 13176538 (England and Wales)
Digital Imaging Tech Ltd
Unaudited accounts
for the year ended 29 February 2024
Digital Imaging Tech Ltd
Unaudited accounts
Contents
Digital Imaging Tech Ltd
Company Information
for the year ended 29 February 2024
Company Number
13176538 (England and Wales)
Registered Office
14 Neptune Court
Ocean Way
Cardiff
CF24 5PJ
Digital Imaging Tech Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
58,658
51,937
Cash at bank and in hand
71,584
42,671
Creditors: amounts falling due within one year
(22,010)
(20,396)
Net current assets
51,554
34,019
Total assets less current liabilities
110,212
85,956
Creditors: amounts falling due after more than one year
(9,483)
(6,387)
Profit and loss account
100,729
79,569
Shareholders' funds
100,729
79,569
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 25 November 2024 and were signed on its behalf by
Howard Colin
Director
Company Registration No. 13176538
Digital Imaging Tech Ltd
Notes to the Accounts
for the year ended 29 February 2024
Digital Imaging Tech Ltd is a private company, limited by shares, registered in England and Wales, registration number 13176538. The registered office is 14 Neptune Court, Ocean Way, Cardiff, CF24 5PJ.
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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:
Plant & machinery
25% Straight Line Basis
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Tangible fixed assets
Plant & machinery
At 29 February 2024
115,392
Charge for the year
23,671
At 29 February 2024
56,734
At 29 February 2024
58,658
At 28 February 2023
51,937
Amounts falling due within one year
Accrued income and prepayments
1,980
2,469
Digital Imaging Tech Ltd
Notes to the Accounts
for the year ended 29 February 2024
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,479
2,379
Taxes and social security
15,626
10,747
Loans from directors
1,582
2,298
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,483
6,387
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Average number of employees
During the year the average number of employees was 1 (2023: 1).