Registration number: 09850158

Digitallandsolutions Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Digitallandsolutions Ltd

Company Information

Directors

Mr A Wakeford Mr T J B Hopkin Mr E T W Hutley Mr P A Tilley Hon D M Macmillan Mr D Geerah

Registered office

Office 31 Cattle Market Street Norwich Norfolk NR1 3DY

Accountants

Perk Accounting Limited Office, 31 Cattle Market Street Norwich Norfolk NR1 3DY

Digitallandsolutions Ltd

(Registration number: 09850158)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	1,117	915
Current assets
Debtors	5	556,942	401,147
Cash at bank and in hand		711,027	36,099
		1,267,969	437,246
Creditors: Amounts falling due within one year	6	(458,285)	(350,419)
Net current assets		809,684	86,827
Net assets		810,801	87,742
Capital and reserves
Called up share capital		17	16
Share premium reserve		2,535,036	1,572,387
Other reserves		42,277	-
Retained earnings		(1,766,529)	(1,484,661)
Shareholders' funds		810,801	87,742

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... Mr T J B Hopkin Director

Digitallandsolutions Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Office
31
Cattle Market Street
Norwich
Norfolk
NR1 3DY
England

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Digitallandsolutions Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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	Depreciation method and rate
Office equipment	25% straight line
Computer equipment	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Digitallandsolutions Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 31 December 2024

Share based payments

Where share options are awarded to employees, the fair value of the employee services received in exchange for the grant of share options is measured by reference to the fair value of the options at the date of grant. This is charged to the profit and loss account over the vesting period.
Vesting conditions are taken into account by adjusting the number of options expected to vest at each balance sheet date so that, ultimately, the cumulative amount recognised over the vesting period is based on the number of options that eventually vest.


The proceeds received net of any directly attributable transaction costs are credited to share capital (nominal value) and share premium when the options are exercised.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 11 (2023 - 7).

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 November 2023	4,349	4,349
Additions	2,955	2,955
At 31 December 2024	7,304	7,304
Depreciation
At 1 November 2023	3,434	3,434
Charge for the period	2,753	2,753
At 31 December 2024	6,187	6,187
Carrying amount
At 31 December 2024	1,117	1,117
At 31 October 2023	915	915

5

Debtors

Current	2024 £	2023 £
Trade debtors	134,931	51,626
Prepayments	39,198	23,290
Other debtors	382,813	326,231
	556,942	401,147

Digitallandsolutions Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	119,592	144,525
Taxation and social security	43,221	16,967
Accruals and deferred income	86,428	25,000
Other creditors	209,044	163,927
	458,285	350,419

7

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current period were as follows:

	Other reserves £	Total £
Other comprehensive income	42,277	42,277

Share premium account

This includes premiums received on issue of share capital. Any transaction costs associated with the issuing of shares is deducted from share premium.

Other reserves

Share option reserve relates to the charges recognised for share options that are outstanding at the period end.

Profit and loss account

The comprises of opening retained earnings and the profit and loss for the period.

8	Share-based payments

Scheme details and movements

The company has an equity-settled share based remuneration scheme for employees using the Enterprise Management Incentive (EMI) framework. Each employee in the scheme has been awarded an option to acquire ordinary shares in the company over a vesting period. The conditions of the agreement require the employee to remain employed throughout this period. The maximum term of the options is 10 years from the grant date.

Digitallandsolutions Ltd

Notes to the Unaudited Financial Statements for the Period from 1 November 2023 to 31 December 2024

The fair value of the employee services received in exchange for the grant of share options is measured by reference to the fair value of the options issued at the date of grant. The fair value of the options at the date of grant was calculated by reference to entity-specific observable market data. The underlying shares were subject to a valuation agreement process with HMRC. For the options granted in the period the company agreed a nominal valuation with HMRC for the shares of £0.0001. The fair value of market-based vesting conditions is included in the fair value calculation, while non-market vesting conditions are factored into the estimate of the number of options expected to vest.

During the period 5,719 options were granted and no options lapsed, were cancelled or were exercised, leaving a total of 16,264 options outstanding at the balance sheet date. Of these options 12,367 had vested but none were exercisable at the balance sheet date. The weighted average exercise price for each outstanding option at the balance sheet date was £0.0001.

Effect of share-based payments on profit or loss and financial position

The total expense recognised in profit or loss for the period was £42,277 (2023 - £Nil).