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Company Registration No. 06921976 (England and Wales)
Digital Catalyst Limited Unaudited accounts for the year ended 31 December 2024
Digital Catalyst Limited Unaudited accounts Contents
Page
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Digital Catalyst Limited Company Information for the year ended 31 December 2024
Director
Mr Dhiraj Mighlani
Company Number
06921976 (England and Wales)
Registered Office
Building 6 30 Friern Park London N12 9DA
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Digital Catalyst Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,063 
2,044 
Current assets
Debtors
720 
7,569 
Cash at bank and in hand
207,447 
202,563 
208,167 
210,132 
Creditors: amounts falling due within one year
(30,838)
(28,630)
Net current assets
177,329 
181,502 
Total assets less current liabilities
178,392 
183,546 
Creditors: amounts falling due after more than one year
(3,750)
(12,749)
Provisions for liabilities
Deferred tax
(202)
(388)
Net assets
174,440 
170,409 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
174,340 
170,309 
Shareholders' funds
174,440 
170,409 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 3 June 2025 and were signed on its behalf by
Mr Dhiraj Mighlani Director Company Registration No. 06921976
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Digital Catalyst Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Digital Catalyst Limited is a private company, limited by shares, registered in England and Wales, registration number 06921976. The registered office is Building 6, 30 Friern Park, London, N12 9DA.
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.
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:
Computer equipment
25% Straight Line
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 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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
11,331 
At 31 December 2024
11,331 
Depreciation
At 1 January 2024
9,287 
Charge for the year
981 
At 31 December 2024
10,268 
Net book value
At 31 December 2024
1,063 
At 31 December 2023
2,044 
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Digital Catalyst Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
720 
6,660 
Other debtors
- 
909 
720 
7,569 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,000 
9,000 
VAT
13,340 
11,119 
Trade creditors
346 
219 
Taxes and social security
6,580 
4,079 
Other creditors
47 
- 
Loans from directors
224 
2,912 
Accruals
1,301 
1,301 
30,838 
28,630 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,750 
12,749 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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