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Company Registration No. 07573888 (England and Wales)
DIGIVANTE LIMITED Unaudited accounts for the year ended 31 March 2025
DIGIVANTE LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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DIGIVANTE LIMITED Company Information for the year ended 31 March 2025
Director
M TJ Mudge
Company Number
07573888 (England and Wales)
Registered Office
Star Lodge Montpellier Drive Cheltenham Gloucestershire GL50 1TY United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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DIGIVANTE LIMITED Accountants' report
Accountants' report to the director of DIGIVANTE LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DIGIVANTE LIMITED for the year ended 31 March 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of DIGIVANTE LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of DIGIVANTE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DIGIVANTE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DIGIVANTE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DIGIVANTE LIMITED. You consider that DIGIVANTE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of DIGIVANTE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 3 June 2025
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DIGIVANTE LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
201,660
327,590
Cash at bank and in hand
656,756
148,834
858,416
476,424
Creditors: amounts falling due within one year
6
(121,821)
(119,000)
Net current assets
736,595
357,424
Total assets less current liabilities
736,595
357,424
Creditors: amounts falling due after more than one year
7
-
(175,000)
Net assets
736,595
182,424
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
736,495
182,324
Shareholders' funds
736,595
182,424
For the year ending 31 March 2025 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
M TJ Mudge Director Company Registration No. 07573888
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DIGIVANTE LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
DIGIVANTE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07573888. The registered office is Star Lodge, Montpellier Drive, Cheltenham, Gloucestershire, GL50 1TY, 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.
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
33.3% Straight line
Fixtures & fittings
33.3% Straight line
Computer equipment
20% Straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
35,439
55,604
66,610
157,653
At 31 March 2025
35,439
55,604
66,610
157,653
Depreciation
At 1 April 2024
35,439
55,604
66,610
157,653
At 31 March 2025
35,439
55,604
66,610
157,653
Net book value
At 31 March 2025
-
-
-
-
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DIGIVANTE LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
282
Trade debtors
188,706
308,286
Amounts due from group undertakings etc.
12,954
12,954
Accrued income and prepayments
-
6,068
201,660
327,590
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
100,000
VAT
27,411
-
Trade creditors
308
18,357
Taxes and social security
87,537
(15,802)
Other creditors
-
4,071
Loans from directors
3,540
6,000
Accruals
3,025
6,374
121,821
119,000
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
175,000
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
M TJ Mudge
Director Loan Account
(6,000)
(866)
(3,326)
(3,540)
(6,000)
(866)
(3,326)
(3,540)
10
Average number of employees
During the year the average number of employees was 11 (2024: 11).
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