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RAISE DOT DIGITAL LIMITED

Registered Number
06989500
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

RAISE DOT DIGITAL LIMITED
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

Luke Skelding

Company Secretary

Christopher Skelding

Registered Address

31 Denbrook Crescent
Tong
Bradford
BD4 0QL

Registered Number

06989500 (England and Wales)
RAISE DOT DIGITAL LIMITED
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3-174
-174
Current assets
Debtors8,0148,794
Cash at bank and on hand4,5645,979
12,57814,773
Creditors amounts falling due within one year4(2,721)(7,281)
Net current assets (liabilities)9,8577,492
Total assets less current liabilities9,8577,666
Creditors amounts falling due after one year5-(7,200)
Net assets9,857466
Capital and reserves
Called up share capital22
Profit and loss account9,855464
Shareholders' funds9,857466
The financial statements were approved and authorised for issue by the Director on 16 April 2025, and are signed on its behalf by:
Luke Skelding
Director
Registered Company No. 06989500
RAISE DOT DIGITAL LIMITED
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year02
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 September 238,1868,186
At 31 August 248,1868,186
Depreciation and impairment
At 01 September 238,0128,012
Charge for year174174
At 31 August 248,1868,186
Net book value
At 31 August 24--
At 31 August 23174174
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security2,7214,382
Other creditors-2,899
Total2,7217,281
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts-7,200
Total-7,200