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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
Page
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Digital Imaging Tech Ltd Company Information for the year ended 29 February 2024
Director
Howard Colin
Company Number
13176538 (England and Wales)
Registered Office
14 Neptune Court Ocean Way Cardiff CF24 5PJ
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Digital Imaging Tech Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
58,658 
51,937 
Current assets
Debtors
1,980 
11,744 
Cash at bank and in hand
71,584 
42,671 
73,564 
54,415 
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)
Net assets
100,729 
79,569 
Capital and reserves
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
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Digital Imaging Tech Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
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
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
85,000 
Additions
30,392 
At 29 February 2024
115,392 
Depreciation
At 1 March 2023
33,063 
Charge for the year
23,671 
At 29 February 2024
56,734 
Net book value
At 29 February 2024
58,658 
At 28 February 2023
51,937 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,275 
Accrued income and prepayments
1,980 
2,469 
1,980 
11,744 
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Digital Imaging Tech Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
323 
4,972 
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 
22,010 
20,396 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
9,483 
6,387 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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