REGISTERED NUMBER: 07072487 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DIGURU LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J K Elliott

R M Harwood

A M Marszal

C Elliott

L T Willett

REGISTERED OFFICE:

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

REGISTERED NUMBER:

07072487 (England and Wales)

ACCOUNTANTS:

Underwood Barron LLP

Monks Brook House

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

45,921

40,104

45,921

40,104

CURRENT ASSETS

Stocks

124,271

101,271

Debtors

6

266,802

409,763

Cash at bank

298,418

158,707

689,491

669,741

CREDITORS

Amounts falling due within one year

7

298,818

339,224

NET CURRENT ASSETS

390,673

330,517

TOTAL ASSETS LESS CURRENT LIABILITIES

436,594

370,621

CREDITORS

Amounts falling due after more than one year

8

-

(40,104

)

PROVISIONS FOR LIABILITIES

(9,177

)

(5,521

)

NET ASSETS

427,417

324,996

CAPITAL AND RESERVES

Called up share capital

102,000

102,000

Share premium

3,500

3,500

Retained earnings

321,917

219,496

SHAREHOLDERS' FUNDS

427,417

324,996

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 25 April 2025 and were signed on its behalf by:

L T Willett - Director

1.	STATUTORY INFORMATION

Diguru 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 represents income recieved from the company's principal activity, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Customer database are being amortised evenly over their estimated useful life of three years.

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 etc

-

33% on cost, 25% on reducing balance and 25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

15,625

AMORTISATION

At 1 January 2024

and 31 December 2024

15,625

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

825,332

Additions

35,453

Disposals

(286,606

)

At 31 December 2024

574,179

DEPRECIATION

At 1 January 2024

785,228

Charge for year

29,636

Eliminated on disposal

(286,606

)

At 31 December 2024

528,258

NET BOOK VALUE

At 31 December 2024

45,921

At 31 December 2023

40,104

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

221,874

382,877

Other debtors

44,928

26,886

266,802

409,763

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

40,104

43,750

Trade creditors

133,992

104,328

Taxation and social security

118,030

122,959

Other creditors

6,692

68,187

298,818

339,224

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

-

40,104

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

£

£

R M Harwood

Balance outstanding at start of year

137

137

Amounts repaid

(137

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

137

A M Marszal

Balance outstanding at start of year

174

174

Amounts repaid

(174

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

174

L T Willett

Balance outstanding at start of year

270

270

Amounts repaid

(270

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

270

C Elliott

Balance outstanding at start of year

119

119

Amounts repaid

(119

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

119

The terms agreed are the loans are payable on demand and interest is charged on the advances at the official rate where the balance exceeds £10,000 at any time during the year.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by J K Elliott by virtue of his directorship and holding 51% of the share capital.