Dito Capital Limited 09047138 false 2023-04-01 2024-03-30 2024-03-30 The principal activity of the company is business services. Digita Accounts Production Advanced 6.30.9574.0 true true 09047138 2023-04-01 2024-03-30 09047138 2024-03-30 09047138 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-03-30 09047138 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-30 09047138 core:OtherPropertyPlantEquipment 2024-03-30 09047138 bus:SmallEntities 2023-04-01 2024-03-30 09047138 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-30 09047138 bus:FullAccounts 2023-04-01 2024-03-30 09047138 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-30 09047138 bus:RegisteredOffice 2023-04-01 2024-03-30 09047138 bus:Director1 2023-04-01 2024-03-30 09047138 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-04-01 2024-03-30 09047138 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-30 09047138 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-30 09047138 core:PlantMachinery 2023-04-01 2024-03-30 09047138 countries:EnglandWales 2023-04-01 2024-03-30 09047138 2023-03-31 09047138 core:OtherPropertyPlantEquipment 2023-03-31 09047138 2022-06-01 2023-03-31 09047138 2023-03-31 09047138 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-03-31 09047138 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09047138 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09047138

Dito Capital Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 April 2023 to 30 March 2024

 

Dito Capital Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Dito Capital Limited

(Registration number: 09047138)
Balance Sheet as at 30 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

611

737

Current assets

 

Cash at bank and in hand

 

33,237

59,233

Creditors: Amounts falling due within one year

5

(16,969)

(15,875)

Net current assets

 

16,268

43,358

Net assets

 

16,879

44,095

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

16,878

44,094

Shareholders' funds

 

16,879

44,095

For the financial period ending 30 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account and director's report have not been delivered in accordance with the special provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 14 March 2025
 

.........................................
Mr T D Jackson-Smith
Director

 

Dito Capital Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Beeches
Waddington Road
Clitheroe
BB7 2HN

These financial statements were authorised for issue by the director on 14 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling, which is the functional currency of the company and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

15% reducing balance and 25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Dito Capital Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Employee Benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

 

Dito Capital Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

4

Tangible assets

Fixtures, fittings and equipment
£

Total
£

Cost or valuation

At 1 April 2023

3,452

3,452

At 30 March 2024

3,452

3,452

Depreciation

At 1 April 2023

2,715

2,715

Charge for the period

126

126

At 30 March 2024

2,841

2,841

Carrying amount

At 30 March 2024

611

611

At 31 March 2023

737

737

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

8,186

8,186

Accruals and deferred income

1,860

1,860

Other creditors

6,923

5,829

16,969

15,875

 

Dito Capital Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary share of £0.01 each

100

1

100

1