Dig Ventures Advisors Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13817137

Dig Ventures Advisors Limited

Filleted Unaudited Financial Statements

31 December 2024

Dig Ventures Advisors Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Officers and professional advisers	1

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Dig Ventures Advisors Limited

Officers and Professional Advisers

The board of directors	M J Lester
	R Vitkauskas

Registered office	727-729 High Road
	London
	N12 0BP

Accountants	Complete Accounting Solutions
	Chartered Certified Accountants
	727-729 High Road
	London
	N12 0BP

Dig Ventures Advisors Limited

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Dig Ventures Advisors Limited

Year ended 31 December 2024

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Complete Accounting Solutions Chartered Certified Accountants

727-729 High Road London N12 0BP

Dig Ventures Advisors Limited

Statement of Financial Position

31 December 2024

	2024	2023
		(restated)
Note	£	£

Fixed assets

Tangible assets	5	30,132	–

Current assets

Debtors	6	322,864	188,715
Cash at bank and in hand		562,452	351,804
		---------	---------
		885,316	540,519

Creditors: amounts falling due within one year	7	276,308	35,660
		---------	---------
Net current assets		609,008	504,859
		---------	---------
Total assets less current liabilities		639,140	504,859

Creditors: amounts falling due after more than one year	8	988,744	801,424
		---------	---------
Net liabilities		( 349,604)	( 296,565)
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 349,605)	( 296,566)
	---------	---------
Shareholders deficit	( 349,604)	( 296,565)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Dig Ventures Advisors Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

R Vitkauskas

Director

Company registration number: 13817137

Dig Ventures Advisors Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 727-729 High Road, London, N12 0BP.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity .

Going concern

In our opinion, on the basis of information and enquiries that are pertinent to the company's circumstances and which we believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular we believe that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	33% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2023: 3 ).

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 January 2024 (as restated)	–
Additions	34,731
	--------
At 31 December 2024	34,731
	--------
Depreciation
At 1 January 2024	–
Charge for the year	4,599
	--------
At 31 December 2024	4,599
	--------
Carrying amount
At 31 December 2024	30,132
	--------
At 31 December 2023	–
	--------

6. Debtors

	2024	2023
		(restated)
	£	£
Other debtors	322,864	188,715
	---------	---------

7. Creditors: amounts falling due within one year

	2024	2023
		(restated)
	£	£
Social security and other taxes	36,557	34,220
Other creditors	239,751	1,440
	---------	--------
	276,308	35,660
	---------	--------

8. Creditors: amounts falling due after more than one year

	2024	2023
		(restated)
	£	£
Other creditors	988,744	801,424
	---------	---------

9. Prior period errors

Travel costs incurred in the year to 31 December 2023 were due to be recharged at 40%, as well as accrued travel costs due. The sum total is a material amount in respect of accrued income and amounts due, therefore a prior year adjustment has been made to reflect the above. This has resulted in the brought forward p&l reserve being restated to £(296,566) from the original £(450,012) previously reported.

10. Controlling party

The company is under the control of RMAH GP Limited by virtue of owning the entire issued share capital of the company .