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Company No: 12339302 (England and Wales)

DIGITAL PETCARE UK LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

DIGITAL PETCARE UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

DIGITAL PETCARE UK LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
DIGITAL PETCARE UK LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
DIRECTORS H Aveston
R J Murphy (Appointed 01 April 2024)
S J Samuel
J Samuelson (Appointed 17 April 2024)
O Viner
REGISTERED OFFICE Wey Court West
Union Road
Farnham
GU9 7PT
Fareham
United Kingdom
COMPANY NUMBER 12339302 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
DIGITAL PETCARE UK LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024
DIGITAL PETCARE UK LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2024
Note 31.12.2024 31.12.2023
£ £
Fixed assets
Investments 3 1,598,313 1,598,313
1,598,313 1,598,313
Current assets
Debtors 4 1,328,967 875,392
Cash at bank and in hand 38,820 0
1,367,787 875,392
Creditors: amounts falling due within one year 5 ( 4,624) ( 8,933)
Net current assets 1,363,163 866,459
Total assets less current liabilities 2,961,476 2,464,772
Creditors: amounts falling due after more than one year 6 ( 1,700,298) ( 1,700,298)
Net assets 1,261,178 764,474
Capital and reserves
Called-up share capital 7 331 271
Share premium account 594,940 0
Capital redemption reserve 83 83
Other reserves 856,065 856,065
Profit and loss account ( 190,241 ) ( 91,945 )
Total shareholders' funds 1,261,178 764,474

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Digital Petcare UK Limited (registered number: 12339302) were approved and authorised for issue by the Board of Directors on 01 March 2025. They were signed on its behalf by:

S J Samuel
Director
DIGITAL PETCARE UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
DIGITAL PETCARE UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Digital Petcare UK Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road, Farnham, GU9 7PT, Fareham, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Finance costs

Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

31.12.2024 31.12.2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 5 5

3. Fixed asset investments

Investments in subsidiaries

31.12.2024
£
Cost
At 01 January 2024 1,598,313
At 31 December 2024 1,598,313
Carrying value at 31 December 2024 1,598,313
Carrying value at 31 December 2023 1,598,313

4. Debtors

31.12.2024 31.12.2023
£ £
Amounts owed by Group undertakings 1,308,797 855,222
Amounts owed by directors 170 170
Other debtors 20,000 20,000
1,328,967 875,392

5. Creditors: amounts falling due within one year

31.12.2024 31.12.2023
£ £
Amounts owed to Group undertakings 0 4,309
Accruals 4,624 4,624
4,624 8,933

6. Creditors: amounts falling due after more than one year

31.12.2024 31.12.2023
£ £
Amounts owed to directors 215,298 215,298
Other creditors 1,485,000 1,485,000
1,700,298 1,700,298

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

31.12.2024 31.12.2023
£ £
Allotted, called-up and fully-paid
348,073 A ordinary shares of £ 0.0001 each 34.81 34.81
2,960,320 Ordinary shares of £ 0.0001 each (31.12.2023: 2,365,320 shares of £ 0.0001 each) 296.03 236.53
330.84 271.34

During the year 595,000 Ordinary shares of £0.0001 were issued for a consideration of £595,000.