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Company Registration No. 09690699 (England and Wales)
Digital Foundry Network Limited Unaudited accounts for the year ended 31 December 2024
Digital Foundry Network Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Digital Foundry Network Limited Company Information for the year ended 31 December 2024
Directors
Richard Leadbetter Rupert Adam Loman
Company Number
09690699 (England and Wales)
Registered Office
Downmere Poynings Road Poynings Brighton East Sussex BN45 7AG England
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Digital Foundry Network Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
9,082 
10,000 
Debtors
4
289,250 
1,077,000 
298,332 
1,087,000 
Creditors: amounts falling due within one year
5
(83,542)
(887,000)
Net current assets
214,790 
200,000 
Net assets
214,790 
200,000 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
214,786 
199,996 
Shareholders' funds
214,790 
200,000 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by
Richard Leadbetter Director Company Registration No. 09690699
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Digital Foundry Network Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Digital Foundry Network Limited is a private company, limited by shares, registered in England and Wales, registration number 09690699. The registered office is Downmere, Poynings Road, Poynings, Brighton, East Sussex, BN45 7AG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
289,250 
1,030,000 
Accrued income and prepayments
- 
42,000 
Other debtors
- 
5,000 
289,250 
1,077,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,600 
80,000 
Amounts owed to group undertakings and other participating interests
- 
668,000 
Taxes and social security
39,398 
94,000 
Accruals
40,544 
45,000 
83,542 
887,000 
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Digital Foundry Network Limited Notes to the Accounts for the year ended 31 December 2024
6
Controlling party
The company is 50% owned by Gamer Network Limited, a company incorporated in England and Wales, registered number 03882481. The registered office is 18 Mansell Street, Level 3, London E1 8AA. There is no ultimate control and the accounts have not been consolidated.
7
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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