IRIS Accounts Production v25.1.0.734 09773276 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097732762024-03-31097732762025-03-31097732762024-04-012025-03-31097732762023-03-31097732762023-04-012024-03-31097732762024-03-3109773276ns15:EnglandWales2024-04-012025-03-3109773276ns14:PoundSterling2024-04-012025-03-3109773276ns10:Director12024-04-012025-03-3109773276ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3109773276ns10:SmallEntities2024-04-012025-03-3109773276ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3109773276ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3109773276ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3109773276ns10:FullAccounts2024-04-012025-03-3109773276ns10:RegisteredOffice2024-04-012025-03-3109773276ns5:CurrentFinancialInstruments2025-03-3109773276ns5:CurrentFinancialInstruments2024-03-3109773276ns5:ShareCapital2025-03-3109773276ns5:ShareCapital2024-03-3109773276ns5:RetainedEarningsAccumulatedLosses2025-03-3109773276ns5:RetainedEarningsAccumulatedLosses2024-03-3109773276ns5:PlantMachinery2024-04-012025-03-3109773276ns5:FurnitureFittings2024-04-012025-03-3109773276ns5:ComputerEquipment2024-04-012025-03-3109773276ns5:PlantMachinery2024-03-3109773276ns5:PlantMachinery2025-03-3109773276ns5:PlantMachinery2024-03-3109773276ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3109773276ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109773276ns5:DeferredTaxation2024-03-3109773276ns5:DeferredTaxation2024-04-012025-03-3109773276ns5:DeferredTaxation2025-03-31
REGISTERED NUMBER: 09773276 (England and Wales)















THE DIGITAL CORTEX LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025






THE DIGITAL CORTEX LIMITED (REGISTERED NUMBER: 09773276)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE DIGITAL CORTEX LIMITED

COMPANY INFORMATION
for the year ended 31 March 2025







DIRECTOR: D L Hackney





REGISTERED OFFICE: 133 Crosland Road
Oakes
Huddersfield
West Yorkshire
HD3 3PW





REGISTERED NUMBER: 09773276 (England and Wales)





ACCOUNTANTS: SMH Sheards
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

THE DIGITAL CORTEX LIMITED (REGISTERED NUMBER: 09773276)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 11,545 16,820

CURRENT ASSETS
Debtors 5 24,301 7,573
Cash at bank 9,192 4,835
33,493 12,408
CREDITORS
Amounts falling due within one year 6 (18,792 ) (15,936 )
NET CURRENT ASSETS/(LIABILITIES) 14,701 (3,528 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,246

13,292

PROVISIONS FOR LIABILITIES 7 (2,194 ) (3,196 )
NET ASSETS 24,052 10,096

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,952 9,996
SHAREHOLDERS' FUNDS 24,052 10,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 DIGITAL CORTEX LIMITED (REGISTERED NUMBER: 09773276)

BALANCE SHEET - continued
31 March 2025


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 director and authorised for issue on 6 May 2025 and were signed by:





D L Hackney - Director


THE DIGITAL CORTEX LIMITED (REGISTERED NUMBER: 09773276)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025


1. STATUTORY INFORMATION

The Digital Cortex 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 the Pound Sterling (£).


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 is represented by the invoiced sales of services, excluding VAT, which are recognised when the services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets, are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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 balance sheet date.


THE DIGITAL CORTEX LIMITED (REGISTERED NUMBER: 09773276)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 55,832
Additions 3,500
At 31 March 2025 59,332
DEPRECIATION
At 1 April 2024 39,012
Charge for year 8,775
At 31 March 2025 47,787
NET BOOK VALUE
At 31 March 2025 11,545
At 31 March 2024 16,820

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 23,235 6,939
Other debtors 1,066 634
24,301 7,573

THE DIGITAL CORTEX LIMITED (REGISTERED NUMBER: 09773276)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 17,520 7,853
Other creditors 1,272 8,083
18,792 15,936

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 2,194 3,196

Deferred
tax
£   
Balance at 1 April 2024 3,196
Credit to Income Statement during year (1,002 )
Balance at 31 March 2025 2,194

8. RELATED PARTY DISCLOSURES

Loans owing to the director on an interest free basis of £272 (2024: £5,143) were outstanding at the year end. Loans will be repaid when funds permit.