Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08444377 Mr Philip Wainewright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08444377 2023-06-30 08444377 2024-06-30 08444377 2023-07-01 2024-06-30 08444377 frs-core:CurrentFinancialInstruments 2024-06-30 08444377 frs-core:Non-currentFinancialInstruments 2024-06-30 08444377 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 08444377 frs-core:OtherResidualIntangibleAssets 2024-06-30 08444377 frs-core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 08444377 frs-core:OtherResidualIntangibleAssets 2023-06-30 08444377 frs-core:ShareCapital 2024-06-30 08444377 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08444377 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08444377 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08444377 frs-bus:SmallEntities 2023-07-01 2024-06-30 08444377 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08444377 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08444377 frs-bus:Director1 2023-07-01 2024-06-30 08444377 1 2023-07-01 2024-06-30 08444377 frs-countries:EnglandWales 2023-07-01 2024-06-30 08444377 2022-06-30 08444377 2023-06-30 08444377 2022-07-01 2023-06-30 08444377 frs-core:CurrentFinancialInstruments 2023-06-30 08444377 frs-core:Non-currentFinancialInstruments 2023-06-30 08444377 frs-core:ShareCapital 2023-06-30 08444377 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 08444377 1 2022-07-01 2023-06-30
Registered number: 08444377
Diginomica Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08444377
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 27,632 29,242
27,632 29,242
CURRENT ASSETS
Debtors 5 235,729 166,431
Cash at bank and in hand 702,700 815,436
938,429 981,867
Creditors: Amounts Falling Due Within One Year 6 (186,216 ) (244,414 )
NET CURRENT ASSETS (LIABILITIES) 752,213 737,453
TOTAL ASSETS LESS CURRENT LIABILITIES 779,845 766,695
Creditors: Amounts Falling Due After More Than One Year 7 (17,362 ) (27,437 )
NET ASSETS 762,483 739,258
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Profit and Loss Account 752,483 729,258
SHAREHOLDERS' FUNDS 762,483 739,258
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Philip Wainewright
Director
12 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Diginomica Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 08444377 . The registered office is 36 Ross Road, Wallington, Surrey, SM6 8QR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Domains and others. It has been amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.5. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax
Deferred tax has not been recognised as it is not material to the financial statements. The director will review this annually.
3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 1 1
1 1
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4. Intangible Assets
Domain
£
Cost
As at 1 July 2023 34,284
Additions 1,891
As at 30 June 2024 36,175
Amortisation
As at 1 July 2023 5,042
Provided during the period 3,501
As at 30 June 2024 8,543
Net Book Value
As at 30 June 2024 27,632
As at 1 July 2023 29,242
5. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 205,528 158,368
Other debtors 30,201 8,063
235,729 166,431
6. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 62,110 51,464
Bank loans and overdrafts 10,077 9,829
Other creditors 108,366 124,170
Taxation and social security 5,663 58,951
186,216 244,414
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 17,362 27,437
Page 4
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8. Related Party Transactions
During the year, Diginomica Limited was invoiced £169,331 (2023: £178,740) by an associated company. Included in Trade creditors, is a balance outstanding at the year end of £24,947 (2023: £37,864).
9. Prior year adjustment
In the prior year, the Directors have identified that consultancy fees were understated by £60,036. 
As this is material in amount the directors have considered it prudent to correct this error and restate the prior year figures to ensure the accounts show a true and fair view. 
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