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REGISTERED NUMBER: 09198112 (England and Wales)

















A Digital Edge Limited

Financial Statements

for the Year Ended 30 September 2024






A Digital Edge Limited (Registered number: 09198112)

Contents of the Financial Statements
for the year ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A Digital Edge Limited

Company Information
for the year ended 30 September 2024







DIRECTORS: M Harriman
Mrs A F Harriman





REGISTERED OFFICE: 24 Cornwall Road
Dorchester
Dorset
DT1 1RX





REGISTERED NUMBER: 09198112 (England and Wales)





ACCOUNTANTS: Read Woodruff
Chartered Accountants
24 Cornwall Road
Dorchester
Dorset
DT1 1RX

A Digital Edge Limited (Registered number: 09198112)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90,753 113,764
Investments 5 395,605 395,605
486,358 509,369

CURRENT ASSETS
Debtors 6 7,784 99,946
Cash at bank 1,034,728 1,258,619
1,042,512 1,358,565
CREDITORS
Amounts falling due within one year 7 78,737 250,317
NET CURRENT ASSETS 963,775 1,108,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,450,133

1,617,617

CREDITORS
Amounts falling due after more than one
year

8

(59,415

)

(66,886

)

PROVISIONS FOR LIABILITIES (22,316 ) (25,404 )
NET ASSETS 1,368,402 1,525,327

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,368,302 1,525,227
SHAREHOLDERS' FUNDS 1,368,402 1,525,327

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2025 and were signed on its behalf by:



M Harriman - Director



Mrs A F Harriman - Director


A Digital Edge Limited (Registered number: 09198112)

Notes to the Financial Statements
for the year ended 30 September 2024


1. STATUTORY INFORMATION

A Digital Edge 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Office equipment - 20% on reducing balance

Financial instruments
Investments in shares are measured at fair value with changes in value recognised in the income statement if the shares are publicly traded or if the fair value can otherwise be measured reliably.

It is generally not possible to measure the fair value of unlisted investments reliably and these investments are instead measured at cost less impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

A Digital Edge Limited (Registered number: 09198112)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Office Motor
equipment vehicles Totals
£    £    £   
COST
At 1 October 2023 32,260 103,345 135,605
Additions 5,464 - 5,464
At 30 September 2024 37,724 103,345 141,069
DEPRECIATION
At 1 October 2023 11,076 10,765 21,841
Charge for year 5,330 23,145 28,475
At 30 September 2024 16,406 33,910 50,316
NET BOOK VALUE
At 30 September 2024 21,318 69,435 90,753
At 30 September 2023 21,184 92,580 113,764

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023
and 30 September 2024 103,345
DEPRECIATION
At 1 October 2023 10,765
Charge for year 23,145
At 30 September 2024 33,910
NET BOOK VALUE
At 30 September 2024 69,435
At 30 September 2023 92,580

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 395,605
NET BOOK VALUE
At 30 September 2024 395,605
At 30 September 2023 395,605

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 55,800
Other debtors 7,784 -
Corporation tax recoverable - 44,146
7,784 99,946

A Digital Edge Limited (Registered number: 09198112)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,470 7,470
Trade creditors 1,442 10,138
UK corporation tax 48,264 205,530
Tax and social security costs 19,315 24,629
Directors' current accounts 412 737
Accruals and deferred income 1,834 1,813
78,737 250,317

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 59,415 66,886

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 66,885 74,356

Hire purchase liabilities are secured on the assets concerned.

10. OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments totalling £16,309.