Company Registration No. 12415053 (England and Wales)
DAY 1 CONNECTIVITY LTD
ABRIDGED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
DAY 1 CONNECTIVITY LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
DAY 1 CONNECTIVITY LTD
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
6
366
488
Investments
7
-
0
10,956
366
11,444
Current assets
Debtors
8
35,958
32,979
Cash at bank and in hand
20,100
28,675
56,058
61,654
Creditors: amounts falling due within one year
9
(73,447)
(68,095)
Net current liabilities
(17,389)
(6,441)
Total assets less current liabilities
(17,023)
5,003
Creditors: amounts falling due after more than one year
10
(1,227)
(5,137)
Net liabilities
(18,250)
(134)
Capital and reserves
Called up share capital
8,000
8,000
Profit and loss reserves
(26,250)
(8,134)
Total equity
(18,250)
(134)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

DAY 1 CONNECTIVITY LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2025
31 January 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 22 September 2025 and are signed on its behalf by:
W P Hampton
Director
Company Registration No. 12415053
DAY 1 CONNECTIVITY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information

Day 1 Connectivity Ltd is a private company limited by shares incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The validity of going concern basis of preparation is dependent on continued financial support from the company's director and other creditors and on the ability of the company to continue trading. Should the director and other creditors withdraw their support and the company be unable to continue trading, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and re-classify fixed assets as current assets.true

1.3
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.4
Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture, fixtures and equipment
25% reducing balance
Computer equipment
33% straight line
1.5
Taxation

The tax expense represents corporation tax currently payable during the year.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Operating profit
2025
2024
Operating profit for the year is stated after charging:
£
£
Depreciation of owned tangible fixed assets
122
163
DAY 1 CONNECTIVITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 4 -
3
Employees

The average number of employees during the year was 2 (2024 - 2).

4
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
41,800
28,134
5
Dividends
2025
2024
£
£
Ordinary shares of £1 each
Interim paid
137,000
97,000
6
Tangible fixed assets
Furniture, fixtures and equipment
Computer equipment
Total
£
£
£
Cost
At 1 February 2024 and 31 January 2025
1,158
3,150
4,308
Depreciation and impairment
At 1 February 2024
670
3,150
3,820
Depreciation charged in the year
122
-
0
122
At 31 January 2025
792
3,150
3,942
Carrying amount
At 31 January 2025
366
-
0
366
At 31 January 2024
488
-
0
488
7
Fixed asset investments
2025
2024
£
£
Unlisted investments
-
0
10,956
DAY 1 CONNECTIVITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
7
Fixed asset investments
(Continued)
- 5 -
Movements in fixed asset investments
Other investments
£
Cost or valuation
At 1 February 2024
10,956
Disposals
(10,956)
At 31 January 2025
-
Carrying amount
At 31 January 2025
-
At 31 January 2024
10,956
8
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
35,244
32,227
Other debtors
210
248
Prepayments
504
504
35,958
32,979
9
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,987
5,890
Payments received in advance
-
0
495
Trade creditors
2,738
6,457
Corporation tax
41,800
28,134
Other taxation and social security
10,209
13,799
Directors' current accounts
12,409
8,627
Accruals
2,304
4,693
73,447
68,095
DAY 1 CONNECTIVITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 6 -
10
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans - 1-2 years
1,227
3,987
Bank loans - 2-5 years
-
0
1,150
1,227
5,137
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