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Company Registration No. 11517264 (England and Wales)
NORTH EAST DIGITAL LTD Unaudited accounts for the year ended 31 August 2024
NORTH EAST DIGITAL LTD Unaudited accounts Contents
Page
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NORTH EAST DIGITAL LTD Company Information for the year ended 31 August 2024
Directors
DAVID TODD ROBERT CHARLES SAMMONS
Company Number
11517264 (England and Wales)
Registered Office
6 Alder Way Meadow Hill Newcastle Upon Tyne NE15 9DD United Kingdom
Accountants
Wecount Ltd Business Central 2 Union Square Darlington County Durham DL1 1GL
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NORTH EAST DIGITAL LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,821 
12,112 
Current assets
Debtors
452 
14,108 
Cash at bank and in hand
4,243 
7,487 
4,695 
21,595 
Creditors: amounts falling due within one year
(2,757)
(16,784)
Net current assets
1,938 
4,811 
Total assets less current liabilities
9,759 
16,923 
Provisions for liabilities
Deferred tax
(1,487)
(2,302)
Net assets
8,272 
14,621 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,271 
14,620 
Shareholders' funds
8,272 
14,621 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by
DAVID TODD Director Company Registration No. 11517264
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NORTH EAST DIGITAL LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
NORTH EAST DIGITAL LTD is a private company, limited by shares, registered in England and Wales, registration number 11517264. The registered office is 6 Alder Way, Meadow Hill, Newcastle Upon Tyne, NE15 9DD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The Director considers it appropriate to prepare the accounts on a going concern basis.
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NORTH EAST DIGITAL LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
1,990 
2,167 
24,907 
29,064 
Additions
- 
- 
145 
145 
At 31 August 2024
1,990 
2,167 
25,052 
29,209 
Depreciation
At 1 September 2023
1,441 
943 
14,568 
16,952 
Charge for the year
181 
365 
3,890 
4,436 
At 31 August 2024
1,622 
1,308 
18,458 
21,388 
Net book value
At 31 August 2024
368 
859 
6,594 
7,821 
At 31 August 2023
549 
1,224 
10,339 
12,112 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
267 
13,875 
Accrued income and prepayments
185 
233 
452 
14,108 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
394 
7,553 
Taxes and social security
2,073 
19,202 
Other creditors
32 
982 
Loans from directors
258 
(10,953)
2,757 
16,784 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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