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REGISTERED NUMBER: 06341091 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

CONNECTED DIGITAL LTD

CONNECTED DIGITAL LTD (REGISTERED NUMBER: 06341091)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CONNECTED DIGITAL LTD

COMPANY INFORMATION
For The Year Ended 31 August 2024







DIRECTORS: A G Mortis
Mrs S M Mortis





SECRETARY: Mrs S M Mortis





REGISTERED OFFICE: 2 Oak Drive
Newbury
Berkshire
RG14 6PD





REGISTERED NUMBER: 06341091 (England and Wales)





ACCOUNTANTS: Banks & Co Limited
Chartered Certified Accountants
1 Carnegie Road
Newbury
Berkshire
RG14 5DJ

CONNECTED DIGITAL LTD (REGISTERED NUMBER: 06341091)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,940 2,475

CURRENT ASSETS
Debtors 5 8,295 5,946
Cash at bank 4,517 13,294
12,812 19,240
CREDITORS
Amounts falling due within one year 6 6,039 12,825
NET CURRENT ASSETS 6,773 6,415
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,713

8,890

PROVISIONS FOR LIABILITIES 735 619
NET ASSETS 8,978 8,271

CAPITAL AND RESERVES
Called up share capital 7 1 1
Capital redemption reserve 536 536
Retained earnings 8,441 7,734
SHAREHOLDERS' FUNDS 8,978 8,271

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 10 January 2025 and were signed on its behalf by:





A G Mortis - Director


CONNECTED DIGITAL LTD (REGISTERED NUMBER: 06341091)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2024

1. STATUTORY INFORMATION

Connected Digital Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 06341091 and registered office address is 2 Oak Drive, Newbury, Berks RG14 6PD.

The presentation currency of the financial accounts is Pound Sterling (£).

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 - 33% 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.

Research and development
The costs incurred by the company as part of Research and Development projects are charged to the profit and loss account as they are incurred. Income received from Research and Development tax credit applications is accounted for on an accruals basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CONNECTED DIGITAL LTD (REGISTERED NUMBER: 06341091)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 September 2023 10,065
Additions 2,599
Disposals (666 )
At 31 August 2024 11,998
DEPRECIATION
At 1 September 2023 7,590
Charge for year 2,134
Eliminated on disposal (666 )
At 31 August 2024 9,058
NET BOOK VALUE
At 31 August 2024 2,940
At 31 August 2023 2,475

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,081 5,771
Other debtors 214 175
8,295 5,946

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 (1 )
Taxation and social security 4,768 11,080
Other creditors 1,270 1,746
6,039 12,825

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
13,694 Ordinary A £0.01 1 1
400 Ordinary B Non Voting £1 - -
1 1

8. PENSION COMMITMENTS

The company runs a defined contributions pension scheme, the contributions to which are held in a separately administered fund. During the year the company made contributions of £nil (2023 - £nil) to the fund. No amount was due to the fund at the year end (2023 - £nil).

9. ULTIMATE CONTROLLING PARTY

The controlling party is A G Mortis.