REGISTERED NUMBER: 08657083 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

DIGITAL AGE RESEARCH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Burney

Mrs I J Picq-Burney

REGISTERED OFFICE:

4 Green Lane Buisness Park

238 Green Lane

London

SE9 3TL

REGISTERED NUMBER:

08657083 (England and Wales)

ACCOUNTANTS:

Bayar Hughes & Co

Chartered Certified Accountants

4 Green Lane Business Park

238 Green lane

New Eltham

London

SE9 3TL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,534

2,188

2,534

2,188

CURRENT ASSETS

Debtors

6

61,048

98,214

Cash at bank and in hand

29,081

10,779

90,129

108,993

CREDITORS

Amounts falling due within one year

7

92,363

106,158

NET CURRENT (LIABILITIES)/ASSETS

(2,234

)

2,835

TOTAL ASSETS LESS CURRENT LIABILITIES

300

5,023

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

298

5,021

SHAREHOLDERS' FUNDS

300

5,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:

Mr A Burney - Director

1.	STATUTORY INFORMATION

Digital Age Research 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2023

and 31 August 2024

2,500

AMORTISATION

At 1 September 2023

and 31 August 2024

2,500

NET BOOK VALUE

At 31 August 2024

-

At 31 August 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2023

7,329

Additions

1,190

At 31 August 2024

8,519

DEPRECIATION

At 1 September 2023

5,141

Charge for year

844

At 31 August 2024

5,985

NET BOOK VALUE

At 31 August 2024

2,534

At 31 August 2023

2,188

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

55,244

68,336

Amounts owed by associates

4,278

4,278

Other debtors

1,526

25,600

61,048

98,214

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,101

11,782

Trade creditors

12,846

37,621

Taxation and social security

18,103

18,140

Other creditors

56,313

38,615

92,363

106,158