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REGISTERED NUMBER: 09326279 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

DIGITEL (UK) LIMITED

DIGITEL (UK) LIMITED (REGISTERED NUMBER: 09326279)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DIGITEL (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: A Ible





REGISTERED OFFICE: Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA





BUSINESS ADDRESS: Henley House
Barnett Way
Barnwood
Gloucester
Gloucestershire
GL4 3RT





REGISTERED NUMBER: 09326279 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

DIGITEL (UK) LIMITED (REGISTERED NUMBER: 09326279)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,425 8,204

CURRENT ASSETS
Debtors 5 659,295 979,898
Cash at bank 330,805 186,064
990,100 1,165,962
CREDITORS
Amounts falling due within one year 6 308,884 242,162
NET CURRENT ASSETS 681,216 923,800
TOTAL ASSETS LESS CURRENT
LIABILITIES

686,641

932,004

CREDITORS
Amounts falling due after more than one
year

7

(4,640

)

(13,089

)

PROVISIONS FOR LIABILITIES (1,356 ) (1,559 )
NET ASSETS 680,645 917,356

CAPITAL AND RESERVES
Called up share capital 95 95
Retained earnings 680,550 917,261
680,645 917,356

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

DIGITEL (UK) LIMITED (REGISTERED NUMBER: 09326279)

BALANCE SHEET - continued
30 NOVEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2025 and were signed by:





A Ible - Director


DIGITEL (UK) LIMITED (REGISTERED NUMBER: 09326279)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Digitel (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course fo the company's activities. Turnover is shown net of Value Added Tax, returns, rebates and discounts.

The company recognises revenue when:
1. The amount of revenue can be reliably measured;
2. It is probably that future economic benefits will flow to the entity;
3. and specific criteria have been met for each of the company's activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

DIGITEL (UK) LIMITED (REGISTERED NUMBER: 09326279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern
There are no material uncertainties that may cast significant doubt about the company’s ability to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 8,149 11,285 19,434
DEPRECIATION
At 1 December 2023 4,550 6,680 11,230
Charge for year 908 1,871 2,779
At 30 November 2024 5,458 8,551 14,009
NET BOOK VALUE
At 30 November 2024 2,691 2,734 5,425
At 30 November 2023 3,599 4,605 8,204

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 176,199 189,555
Amounts owed by group undertakings 478,338 788,768
Prepayments 4,758 1,575
659,295 979,898

DIGITEL (UK) LIMITED (REGISTERED NUMBER: 09326279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,449 8,240
Trade creditors 14,882 13,958
Corporation Tax 173,166 104,637
Social security and other taxes 6,073 16,628
Wages Payable (450 ) -
Pension control 1,312 1,130
VAT 98,063 93,875
Accruals and deferred income 7,389 3,694
308,884 242,162

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 4,640 13,089

8. RELATED PARTY DISCLOSURES

On 28th September 2020, the shares in the company were acquired by Digitel (UK) Holdings Limited such that Digitel (UK) Limited is now a fully owned subsidiary of the company. The parent company's registered address is Chargrove House, Shurdington Road, Cheltenham, Gloucestershire, GL51 4GA.

Digitel (UK) Limited was owed £478,338 by the parent company at the year end, (2023: £788,768).