REGISTERED NUMBER: 06060512 (England and Wales)

Digiserve Communications Ltd

Unaudited Financial Statements

for the Year Ended 31st January 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

7

Directors:

Mrs S Straiton

D Straiton

Registered office:

Halidon House

17D Windmill Way West

Berwick Upon Tweed

Northumberland

TD15 1TB

Business address:

Lapwing Suite

Middle Court

Copely Hill Business Park

Cambridgeshire

CB22 3GN

Registered number:

06060512 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

14,966

8,902

Current assets

Stocks

500

1,200

Debtors

5

32,176

43,350

Cash at bank

90,423

62,441

123,099

106,991

Creditors

Amounts falling due within one year

6

69,177

57,767

Net current assets

53,922

49,224

Total assets less current liabilities

68,888

58,126

Creditors

Amounts falling due after more than one year

7

(3,700

)

(10,500

)

Provisions for liabilities

(3,049

)

(1,713

)

Net assets

62,139

45,913

Capital and reserves

Called up share capital

100

100

Retained earnings

62,039

45,813

62,139

45,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th October 2025 and were signed on its behalf by:

D Straiton - Director

1.	Statutory information

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

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned. Unbilled turnover is included in debtors as amounts recoverable on contracts.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors, trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern

The directors have considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and have an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

4.	Tangible fixed assets

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1st February 2024

8,387

12,542

10,875

31,804

Additions

1,988

-

6,150

8,138

At 31st January 2025

10,375

12,542

17,025

39,942

Depreciation

At 1st February 2024

4,885

12,294

5,723

22,902

Charge for year

801

62

1,211

2,074

At 31st January 2025

5,686

12,356

6,934

24,976

Net book value

At 31st January 2025

4,689

186

10,091

14,966

At 31st January 2024

3,502

248

5,152

8,902

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

32,014

37,936

Amounts recoverable on contract

-

4,860

Other debtors

162

554

32,176

43,350

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

7,267

7,000

Trade creditors

12,741

17,642

Taxation and social security

31,908

29,041

Other creditors

17,261

4,084

69,177

57,767

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

3,700

10,500

8.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31st January 2024 and 31st January 2023.

2025

2024

£

£

Director

Balance outstanding at start of year

396

6,318

Amounts advanced

1,052

10,914

Amounts repaid

(1,448

)

(16,836

)

Balance outstanding at end of year

-

396

This loan is unsecured and it is repayable on demand.