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REGISTERED NUMBER: 10917139 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Digimasters Limited

Digimasters Limited (Registered number: 10917139)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Digimasters Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: A J Nagus





SECRETARY:





REGISTERED OFFICE: 12 Nut Grove
Welwyn Garden City
Hertfordshire
AL8 7SQ





REGISTERED NUMBER: 10917139 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Digimasters Limited (Registered number: 10917139)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £ £ £
FIXED ASSETS
Tangible assets 4 11,830 10,320

CURRENT ASSETS
Debtors 5 35,711 2,123
Cash at bank 55,741 67,099
91,452 69,222
CREDITORS
Amounts falling due within one year 6 20,625 25,346
NET CURRENT ASSETS 70,827 43,876
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,657

54,196

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 82,607 54,146
SHAREHOLDERS' FUNDS 82,657 54,196

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 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 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 22 May 2025 and were signed by:





A J Nagus - Director


Digimasters Limited (Registered number: 10917139)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Digimasters 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1 September 2023 14,460 5,933 20,393
Additions 3,322 2,609 5,931
Disposals (1,124 ) - (1,124 )
At 31 August 2024 16,658 8,542 25,200
DEPRECIATION
At 1 September 2023 5,470 4,603 10,073
Charge for year 2,299 1,309 3,608
Eliminated on disposal (311 ) - (311 )
At 31 August 2024 7,458 5,912 13,370
NET BOOK VALUE
At 31 August 2024 9,200 2,630 11,830
At 31 August 2023 8,990 1,330 10,320

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Trade debtors 35,520 -
Other debtors 191 2,123
35,711 2,123

Digimasters Limited (Registered number: 10917139)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Trade creditors 550 1,265
Taxation and social security 8,172 -
Other creditors 11,903 24,081
20,625 25,346