Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-06-01Information technology consultancy activities22falsetruefalse 07648356 2023-06-01 2024-05-31 07648356 2022-06-01 2023-05-31 07648356 2024-05-31 07648356 2023-05-31 07648356 2022-06-01 07648356 c:Director1 2023-06-01 2024-05-31 07648356 d:FurnitureFittings 2023-06-01 2024-05-31 07648356 d:FurnitureFittings 2024-05-31 07648356 d:FurnitureFittings 2023-05-31 07648356 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07648356 d:ComputerEquipment 2023-06-01 2024-05-31 07648356 d:ComputerEquipment 2024-05-31 07648356 d:ComputerEquipment 2023-05-31 07648356 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07648356 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 07648356 d:CurrentFinancialInstruments 2024-05-31 07648356 d:CurrentFinancialInstruments 2023-05-31 07648356 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 07648356 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 07648356 d:ShareCapital 2023-06-01 2024-05-31 07648356 d:ShareCapital 2024-05-31 07648356 d:ShareCapital 2022-06-01 2023-05-31 07648356 d:ShareCapital 2023-05-31 07648356 d:ShareCapital 2022-06-01 07648356 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 07648356 d:RetainedEarningsAccumulatedLosses 2024-05-31 07648356 d:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 07648356 d:RetainedEarningsAccumulatedLosses 2023-05-31 07648356 d:RetainedEarningsAccumulatedLosses 2022-06-01 07648356 c:FRS102 2023-06-01 2024-05-31 07648356 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07648356 c:FullAccounts 2023-06-01 2024-05-31 07648356 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07648356 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 07648356










DEEPER DIGITAL LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
DEEPER DIGITAL LTD
REGISTERED NUMBER: 07648356

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023 restated
Note
£
£

Fixed assets
  

Tangible assets
 4 
893
-

Current assets
  

Debtors: amounts falling due within one year
 5 
11,730
13,779

Cash at bank and in hand
  
100,413
121,814

  
112,143
135,593

Creditors: amounts falling due within one year
 6 
(56,794)
(83,696)

Net current assets
  
 
 
55,349
 
 
51,897

  

Net assets
  
56,242
51,897


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
56,241
51,896

  
56,242
51,897


Page 1

 
DEEPER DIGITAL LTD
REGISTERED NUMBER: 07648356
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 February 2025.




M D Carter
Director

The notes on pages 5 to 8 form part of these financial statements.

Page 2

 
DEEPER DIGITAL LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 June 2023
1
51,896
51,897


Comprehensive income for the year

Profit for the year

-
67,595
67,595


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
67,595
67,595


Contributions by and distributions to owners

Dividends: Equity capital
-
(63,250)
(63,250)


Total transactions with owners
-
(63,250)
(63,250)


At 31 May 2024
1
56,241
56,242


The notes on pages 5 to 8 form part of these financial statements.

Page 3

 
DEEPER DIGITAL LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 June 2022
1
101,993
101,994


Comprehensive income for the year

Profit for the year

-
26,403
26,403


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
26,403
26,403


Contributions by and distributions to owners

Dividends: Equity capital
-
(76,500)
(76,500)


Total transactions with owners
-
(76,500)
(76,500)


At 31 May 2023
1
51,896
51,897


The notes on pages 5 to 8 form part of these financial statements.

Page 4

 
DEEPER DIGITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Deeper Digital Limited is a private Company limited by shares, incorporated in England and Wales (registered number: 07648356). Its registered office is 245 Hermitage Road, London, N4 1NP. The principal activity of the Company throughout the year continued to be that of information technology consultancy activities. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling. 

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 5

 
DEEPER DIGITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

The depreciation rates used are:

Fixtures and fittings
-
25%
reducing balance
Computer equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount
and are recognised in the Statement of Income and Retained Earnings.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.

Page 6

 
DEEPER DIGITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).



4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
5,278
6,938
12,216


Additions
-
1,099
1,099



At 31 May 2024

5,278
8,037
13,315



Depreciation


At 1 June 2023
5,278
6,938
12,216


Charge for the year on owned assets
-
206
206



At 31 May 2024

5,278
7,144
12,422



Net book value



At 31 May 2024
-
893
893



At 31 May 2023
-
-
-

Page 7

 
DEEPER DIGITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
11,730
13,779



6.


Creditors: Amounts falling due within one year

2024
2023 restated
£
£

Trade creditors
199
88

Corporation tax
19,077
6,318

Other taxation and social security
7,491
7,078

Other creditors
30,027
70,212

56,794
83,696



7.


Prior year adjustment

During the preparation of the accounts, a fundamental error in the 2023 year accounts was identified. This
related to the incorrect share capital being used. A prior year adjustment has been made in these accounts to correct this. 

 
Page 8