IRIS Accounts Production v24.3.2.46 06987838 Board of Directors 1.4.23 31.3.24 31.3.24 25.3.25 0 0 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069878382023-03-31069878382024-03-31069878382023-04-012024-03-31069878382022-03-31069878382022-04-012023-03-31069878382023-03-3106987838ns15:EnglandWales2023-04-012024-03-3106987838ns14:PoundSterling2023-04-012024-03-3106987838ns10:Director12023-04-012024-03-3106987838ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106987838ns10:SmallEntities2023-04-012024-03-3106987838ns10:Audited2023-04-012024-03-3106987838ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106987838ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106987838ns10:FullAccounts2023-04-012024-03-3106987838ns10:Director22023-04-012024-03-3106987838ns10:RegisteredOffice2023-04-012024-03-3106987838ns5:CurrentFinancialInstruments2024-03-3106987838ns5:CurrentFinancialInstruments2023-03-3106987838ns5:ShareCapital2024-03-3106987838ns5:ShareCapital2023-03-3106987838ns5:RetainedEarningsAccumulatedLosses2024-03-3106987838ns5:RetainedEarningsAccumulatedLosses2023-03-3106987838ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106987838ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 06987838 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

DIGITALIS RESPONSE LIMITED

DIGITALIS RESPONSE LIMITED (REGISTERED NUMBER: 06987838)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


DIGITALIS RESPONSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D J King
Digitalis Media Limited



REGISTERED OFFICE: 163 Herne Hill
London
London
SE24 9LR



REGISTERED NUMBER: 06987838 (England and Wales)



AUDITORS: Innovi Advisors Ltd
Chartered Certified Auditors
163 Herne Hill
London
SE24 9LR



SOLICITORS: Quills Solicitors
68 Beverley Road
Barming
Maidstone
Kent
ME16 9JR

DIGITALIS RESPONSE LIMITED (REGISTERED NUMBER: 06987838)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 1,810,259 1,524,596
Cash at bank 77,877 61,714
1,888,136 1,586,310
CREDITORS
Amounts falling due within one year 5 1,085,005 754,688
NET CURRENT ASSETS 803,131 831,622
TOTAL ASSETS LESS CURRENT
LIABILITIES

803,131

831,622

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 803,031 831,522
SHAREHOLDERS' FUNDS 803,131 831,622

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 Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by:





D J King - Director


DIGITALIS RESPONSE LIMITED (REGISTERED NUMBER: 06987838)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Digitalis Response Limited 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.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

2. ACCOUNTING POLICIES

Basis of preparation
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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the invoiced value of goods and services supplied to customers net of value added tax.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Trade and other debtors
Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment.

DIGITALIS RESPONSE LIMITED (REGISTERED NUMBER: 06987838)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

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

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand and demand deposits with banks.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 851,930 235,585
Other debtors 958,329 1,289,011
1,810,259 1,524,596

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 40,800 40,701
Taxation and social security 52,362 78,512
Other creditors 991,843 635,475
1,085,005 754,688

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sheetal Shah FCCA (Senior Statutory Auditor)
for and on behalf of Innovi Advisors Ltd

7. CONTROLLING PARTY

The directors regard Digitalis Media Limited, a company incorporated in England, as the company's ultimate parent undertaking. The parent undertaking registered office address is 163 Herne Hill, London, England, SE24 9LR.

Digitalis Media Limited is the parent undertaking of the largest group of which Digitalis Response Limited is a member. Group accounts have not been prepared as the group qualifies as a small group under Section 383 of the Companies Act 2006.