DIGS TECHNOLOGY LIMITED

Company Registration Number:
04655843 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

DIGS TECHNOLOGY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

DIGS TECHNOLOGY LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Tangible assets: 3 1,797 1,797
Total fixed assets: 1,797 1,797
Current assets
Debtors: 4 1,580 2,618
Cash at bank and in hand: 28,126 33,282
Total current assets: 29,706 35,900
Creditors: amounts falling due within one year: 5 ( 30,544 ) ( 35,419 )
Net current assets (liabilities): (838) 481
Total assets less current liabilities: 959 2,278
Creditors: amounts falling due after more than one year: 6 ( 10,000 ) ( 20,000 )
Total net assets (liabilities): (9,041) (17,722)
Capital and reserves
Called up share capital: 34,100 34,100
Profit and loss account: (43,141 ) (51,822 )
Total Shareholders' funds: ( 9,041 ) (17,722)

The notes form part of these financial statements

DIGS TECHNOLOGY LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 17 September 2025
and signed on behalf of the board by:

Name: P Bater
Status: Director

The notes form part of these financial statements

DIGS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue recognition Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities

    Tangible fixed assets depreciation policy

    Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Office Equipment Depreciation method and rate 33%per annum of cost

DIGS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 11 10

DIGS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 61,331 61,331
Additions 2,081 2,081
Disposals
Revaluations
Transfers
At 31 December 2024 63,412 63,412
Depreciation
At 1 January 2024 59,534 59,534
Charge for year 2,081 2,081
On disposals
Other adjustments
At 31 December 2024 61,615 61,615
Net book value
At 31 December 2024 1,797 1,797
At 31 December 2023 1,797 1,797

DIGS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 26 476
Other debtors 1,554 2,142
Total 1,580 2,618

DIGS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 5,000 5,000
Trade creditors 11 3,431
Taxation and social security 7,061 7,105
Other creditors 18,472 19,883
Total 30,544 35,419

DIGS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 10,000 20,000
Total 10,000 20,000