DISCOVERY PA SOLUTIONS LIMITED


Director	DOWSETT, Michelle Louise


Registered Address	1a Latimer Street
	Leicester
	LE3 0QF


Registered Number	12350484 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		1,058		709
			1,058		709
Current assets
Debtors	4	7,427		3,575
Cash at bank and on hand		9,832		5,868
		17,259		9,443
Creditors amounts falling due within one year	5	(3,395)		(1,839)
Net current assets (liabilities)			13,864		7,604
Total assets less current liabilities			14,922		8,313
Net assets			14,922		8,313
Capital and reserves
Called up share capital			1		1
Profit and loss account			14,921		8,312
Shareholders' funds			14,922		8,313

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 March 2025, and are signed on its behalf by:

DOWSETT, Michelle Louise
Director
Registered Company No. 12350484

DISCOVERY PA SOLUTIONS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	3
	Office Equipment	3

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	2,367	2,367
Additions	908	908
At 31 December 24	3,275	3,275
Depreciation and impairment
At 01 January 24	1,658	1,658
Charge for year	559	559
At 31 December 24	2,217	2,217
Net book value
At 31 December 24	1,058	1,058
At 31 December 23	709	709

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	7,427	3,575
Total	7,427	3,575

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	655	619
Taxation and social security	2,665	717
Other creditors	75	503
Total	3,395	1,839


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.