REGISTERED NUMBER: 10930582 (England and Wales)

DIGITALLY CHARGED LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Day

Mrs G Day

Mr S K A Alldrick

Mr T Mackenzie

Mr B A Langford

REGISTERED OFFICE:

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

REGISTERED NUMBER:

10930582 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Tangible assets

5

89,562

59,227

CURRENT ASSETS

Debtors

6

124,707

109,673

Cash at bank

203,648

183,723

328,355

293,396

CREDITORS

Amounts falling due within one year

7

231,179

244,582

NET CURRENT ASSETS

97,176

48,814

TOTAL ASSETS LESS CURRENT LIABILITIES

186,738

108,041

CREDITORS

Amounts falling due after more than one year

8

(72,620

)

(30,093

)

PROVISIONS FOR LIABILITIES

(22,391

)

(6,440

)

NET ASSETS

91,727

71,508

CAPITAL AND RESERVES

Called up share capital

9

5,101

5,000

Retained earnings

86,626

66,508

91,727

71,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 September 2025 and were signed on its behalf by:

Mr C Day - Director

1.	STATUTORY INFORMATION

Digitally Charged 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value excluding Value Added Tax of goods and services provided to customers during the year. In respect of digital marketing services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on reducing balance

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

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.

Financial instruments

Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 9 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

28,809

5,181

35,603

27,091

96,684

Additions

1,066

1,083

44,363

12,554

59,066

At 31 December 2024

29,875

6,264

79,966

39,645

155,750

DEPRECIATION

At 1 January 2024

7,994

2,098

8,901

18,464

37,457

Charge for year

3,281

625

17,767

7,058

28,731

At 31 December 2024

11,275

2,723

26,668

25,522

66,188

NET BOOK VALUE

At 31 December 2024

18,600

3,541

53,298

14,123

89,562

At 31 December 2023

20,815

3,083

26,702

8,627

59,227

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

83,291

95,789

Other debtors

4,483

11,582

Directors' current accounts

30,150

-

Prepayments and accrued income

6,783

2,302

124,707

109,673

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,556

5,556

Hire purchase contracts

13,011

-

Trade creditors

11,508

50,955

Corporation tax

90,455

31,016

Social security and other taxes

2,324

13,897

Pension

370

-

VAT

28,550

9,529

Credit card

10,648

-

Directors' current accounts

7,547

31,293

Accruals and deferred income

61,210

102,336

231,179

244,582

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

5,556

5,556

Bank loans - 2-5 years

16,667

16,667

Bank loans more 5 yr by instal

2,315

7,870

Hire purchase contracts

48,082

-

72,620

30,093

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,315

7,870

9.	CALLED UP SHARE CAPITAL

Share Type

2024

2023

£

£

Ordinary £1

2,700

2,700

Ordinary A £1

400

400

Ordinary B £1

1,000

1,000

Ordinary C £1

400

400

Ordinary D £1

500

500

Ordinary E £1

100

Ordinary F £1

1

5,101

5,000

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr C Day

Balance outstanding at start of year

-

-

Amounts advanced

30,150

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,150

-

During the year Mr C Day a director and shareholder took an interest free loan of £30,150 (2023: £Nil) to be repaid within 9 months.

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the amounts owed by group companies was £41,436 (2023: Nil)

Key Management personnel remuneration in the year totalled £50,280 (2023: £35,268). Key Management and Directors remuneration are the same.