Startup Voyager Digital UK Limited
Unaudited Financial Statements
For the year ended 31 March 2024
Pages for Filing with Registrar
Company Registration No. 13426836 (England and Wales)
Startup Voyager Digital UK Limited
Company Information
Directors
A Banerjea
J Ghose
Company number
13426836
Registered office
6th Floor
9 Appold Street
London
EC2A 2AP
Accountants
Moore Kingston Smith LLP
Betchworth House
57-65 Station Road
Redhill
Surrey
RH1 1DL
Startup Voyager Digital UK Limited
Balance Sheet
As at 31 March 2024
Page 1
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
79,439
38,418
Cash at bank and in hand
179,970
324,380
259,409
362,798
Creditors: amounts falling due within one year
4
(113,304)
(157,347)
Net current assets
146,105
205,451
Capital and reserves
Called up share capital
5
2
2
Profit and loss reserves
146,103
205,449
Total equity
146,105
205,451

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have 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 by the board of directors and authorised for issue on 26 December 2024 and are signed on its behalf by:
A Banerjea
Director
Company Registration No. 13426836
Startup Voyager Digital UK Limited
Notes to the Financial Statements
For the year ended 31 March 2024
Page 2
1
Accounting policies
Company information

Startup Voyager Digital UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6th Floor, 9 Appold Street, London, EC2A 2AP.

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
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

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

The company only has financial instruments classified as basic and measured at amortised cost. The company has no financial instruments that are classified as 'other' or financial instruments measured at fair value.

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.

1.6
Taxation

The tax expense represents the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Startup Voyager Digital UK Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2024
1
Accounting policies
(Continued)
Page 3
1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
4
1
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
54,613
16,352
Other debtors
15,588
978
Prepayments and accrued income
9,238
21,088
79,439
38,418
Startup Voyager Digital UK Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2024
Page 4
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
0
1,077
Corporation tax
-
0
22,278
Other taxation and social security
5,486
2,947
Other creditors
4,828
44,059
Accruals and deferred income
102,990
86,986
113,304
157,347
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2
2
2
2
6
Related party transactions

Included within other debtors at the year end was a balance due from the directors of £9,531 (2023: £29,152 - creditor).

 

During the year the company incurred charges from Startup Voyager Marketing LLP, an entity registered in India and controlled by the directors, of £137,031 (2023: £183,560). Included in accruals at the year end in respect of these charges was an amount of £97,385 (2023: £82,216). Included within other creditors at the year end was a balance due to Startup Voyager Marketing LLP of £2,210 (2023: £17,245).

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