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REGISTERED NUMBER: 13481961 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Digital Flight Ltd

Digital Flight Ltd (Registered number: 13481961)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Digital Flight Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs L Skilton
C G Skilton





SECRETARY: Mrs L Skilton





REGISTERED OFFICE: 53 Corsletts Avenue
Broadbridge Heath
Horsham
West Sussex
RH12 3LQ





REGISTERED NUMBER: 13481961 (England and Wales)





ACCOUNTANTS: Richard Symonds FCA FCCA
Symonds & Co Chartered Accountants
Sunny Nook
Barhatch Road
Cranleigh
Surrey
GU6 7DJ

Digital Flight Ltd (Registered number: 13481961)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 712 -

CURRENT ASSETS
Debtors 5 10,350 410
Cash at bank 40,040 9,384
50,390 9,794
CREDITORS
Amounts falling due within one year 6 31,558 9,647
NET CURRENT ASSETS 18,832 147
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,544

147

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,444 47
19,544 147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:





C G Skilton - Director


Digital Flight Ltd (Registered number: 13481961)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Digital Flight Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Digital Flight Ltd (Registered number: 13481961)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 949
At 31 March 2024 949
DEPRECIATION
Charge for year 237
At 31 March 2024 237
NET BOOK VALUE
At 31 March 2024 712

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 10,350 -
Directors' loan accounts - 410
10,350 410

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 600 -
Tax 28,820 7,435
Other creditors 1,048 1,492
Directors' loan accounts 370 -
Accrued expenses 720 720
31,558 9,647

7. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed the director £370.00 (2023 the directors owed the company £410.00). This amount has been included within creditors on the balance sheet.

8. ULTIMATE CONTROLLING PARTY

The controlling party is C G Skilton.