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REGISTERED NUMBER: 07258288 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Different8 Ltd

Different8 Ltd (Registered number: 07258288)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Different8 Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Ms H Rainey





REGISTERED OFFICE: Second Floor
2 Walsworth Road
HITCHIN
Hertfordshire
SG4 9SP





REGISTERED NUMBER: 07258288 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

Different8 Ltd (Registered number: 07258288)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,981 2,379

CURRENT ASSETS
Debtors 5 21,131 19,571
Cash at bank 502,969 455,049
524,100 474,620
CREDITORS
Amounts falling due within one year 6 48,441 43,663
NET CURRENT ASSETS 475,659 430,957
TOTAL ASSETS LESS CURRENT
LIABILITIES

477,640

433,336

PROVISIONS FOR LIABILITIES 7 376 344
NET ASSETS 477,264 432,992

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 477,262 432,990
SHAREHOLDERS' FUNDS 477,264 432,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Different8 Ltd (Registered number: 07258288)

Balance Sheet - continued
30 June 2024


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 director and authorised for issue on 20 January 2025 and were signed by:





Ms H Rainey - Director


Different8 Ltd (Registered number: 07258288)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Different8 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 represents invoiced sales of services including VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Computer equipment - 33% on reducing balance

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 1 (2023 - 1 ) .

Different8 Ltd (Registered number: 07258288)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Computer
property equipment Totals
£    £    £   
COST
At 1 July 2023 4,302 19,561 23,863
Additions - 468 468
At 30 June 2024 4,302 20,029 24,331
DEPRECIATION
At 1 July 2023 3,737 17,747 21,484
Charge for year 113 753 866
At 30 June 2024 3,850 18,500 22,350
NET BOOK VALUE
At 30 June 2024 452 1,529 1,981
At 30 June 2023 565 1,814 2,379

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 19,656 18,102
Other debtors 1,475 1,469
21,131 19,571

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 4,864 4,006
Tax 27,240 25,122
VAT 15,359 13,557
Accrued expenses 978 978
48,441 43,663

7. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 376 344

Different8 Ltd (Registered number: 07258288)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 344
Accelerated Capital Allowance 32
Balance at 30 June 2024 376

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2

9. ULTIMATE CONTROLLING PARTY

The controlling party is Ms H Rainey.

The Director was paid dividends of £45,000 in this year (last year £NIL).