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REGISTERED NUMBER: 07364601 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

DIGITEX TRADING SYSTEMS LTD

DIGITEX TRADING SYSTEMS LTD (REGISTERED NUMBER: 07364601)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


DIGITEX TRADING SYSTEMS LTD

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTOR: E Connors





REGISTERED OFFICE: 7a Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT





REGISTERED NUMBER: 07364601 (England and Wales)

DIGITEX TRADING SYSTEMS LTD (REGISTERED NUMBER: 07364601)

ABRIDGED BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 26,226 32,834

CURRENT ASSETS
Debtors 227,922 201,002
Cash at bank 99,619 135,186
327,541 336,188
CREDITORS
Amounts falling due within one year 85,064 78,977
NET CURRENT ASSETS 242,477 257,211
TOTAL ASSETS LESS CURRENT
LIABILITIES

268,703

290,045

PROVISIONS FOR LIABILITIES 6,121 7,609
NET ASSETS 262,582 282,436

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 262,482 282,336
SHAREHOLDERS' FUNDS 262,582 282,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2025 and were signed by:





E Connors - Director


DIGITEX TRADING SYSTEMS LTD (REGISTERED NUMBER: 07364601)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

Digitex Trading Systems Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover
Turnover represents net invoiced sales of accounting and media software services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimates useful life.

Software and equipment-25% on reducing balance
Office equipment-25% straight line

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost, except for investments in shares which are measured at fair value. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to staff private pension schemes are charged to the profit and loss account in the period to which they relate. The pension scheme is managed by a third party and does not form part of the company's balance sheet.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

DIGITEX TRADING SYSTEMS LTD (REGISTERED NUMBER: 07364601)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 240,760
Additions 1,998
At 30 September 2024 242,758
DEPRECIATION
At 1 October 2023 207,926
Charge for year 8,606
At 30 September 2024 216,532
NET BOOK VALUE
At 30 September 2024 26,226
At 30 September 2023 32,834

5. DIRECTOR'S AND PARTICIPATORS ADVANCES, CREDITS AND GUARANTEES

As at 30 September 2024, the company had loaned a director £53,264 (2023 - £42,376). This was the maximum amount owed during the year and is repayable on demand.

As at 30 September 2024, the company had loaned a participator £53,266 (2023 - £42,376). This was the maximum amount owed during the year and is repayable on demand.