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Company Registration No. 11299025 (England and Wales)
DIGITAL CHASE LTD Unaudited accounts for the year ended 30 April 2024
DIGITAL CHASE LTD Unaudited accounts Contents
Page
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DIGITAL CHASE LTD Company Information for the year ended 30 April 2024
Director
Tanwa Arewa
Company Number
11299025 (England and Wales)
Registered Office
85 GREAT PORTLAND LONDON W1W 7LT ENGLAND
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DIGITAL CHASE LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,536 
4,407 
Current assets
Debtors
5,209 
- 
Cash at bank and in hand
5,328 
130 
10,537 
130 
Creditors: amounts falling due within one year
(9,460)
(4,998)
Net current assets/(liabilities)
1,077 
(4,868)
Total assets less current liabilities
8,613 
(461)
Creditors: amounts falling due after more than one year
(4,036)
(6,535)
Net assets/(liabilities)
4,577 
(6,996)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
4,575 
(6,998)
Shareholders' funds
4,577 
(6,996)
For the year ending 30 April 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 her 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 26 December 2024 and were signed on its behalf by
Tanwa Arewa Director Company Registration No. 11299025
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DIGITAL CHASE LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
DIGITAL CHASE LTD is a private company, limited by shares, registered in England and Wales, registration number 11299025. The registered office is 85 GREAT PORTLAND, LONDON, W1W 7LT, ENGLAND.
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:
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
4,954 
558 
4,505 
10,017 
Additions
- 
- 
5,010 
5,010 
At 30 April 2024
4,954 
558 
9,515 
15,027 
Depreciation
At 1 May 2023
1,982 
560 
3,068 
5,610 
Charge for the year
594 
(2)
1,289 
1,881 
At 30 April 2024
2,576 
558 
4,357 
7,491 
Net book value
At 30 April 2024
2,378 
- 
5,158 
7,536 
At 30 April 2023
2,972 
(2)
1,437 
4,407 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
5,209 
- 
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DIGITAL CHASE LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,982 
- 
Other creditors
6,728 
4,523 
Accruals
750 
475 
9,460 
4,998 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,036 
6,535 
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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