Digital Leaders Limited
Unaudited Financial Statements
For the year ended 31 October 2024
Pages for Filing with Registrar
Company Registration No. 08715406 (England and Wales)
Digital Leaders Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Digital Leaders Limited
Balance Sheet
As at 31 October 2024
Page 1
2024
2023
Notes
£
£
£
£
Current assets
Cash at bank and in hand
1
1
Net current assets
1
1
Capital and reserves
-
-
Called up share capital
3
1
1
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 28 November 2024
Mr R Knowles
Director
Company Registration No. 08715406
Digital Leaders Limited
Notes to the Financial Statements
For the year ended 31 October 2024
Page 2
1
Accounting policies
Company information
Digital Leaders Limited is a private company limited by shares incorporated in England and Wales. The registered office is Westbury 2nd Floor, 145-157 St John Street, London, United Kingdom, EC1V 4PY.
1.1
Accounting convention
These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
Then company only has basic financial instruments measured at amortised cost.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
Digital Leaders Limited
Notes to the Financial Statements (Continued)
For the year ended 31 October 2024
Page 3
3
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
4
Parent company
The company is a subsidiary of Digital Group Limited, registered in England and Wales. The registered office is 6th Floor, 9 Appold Street, London, EC2A 2AP.