Company Registration No. 12293831 (England and Wales)
We Are The Digital Type Limited
Unaudited accounts
for the year ended 28 February 2025
We Are The Digital Type Limited
Unaudited accounts
Contents
We Are The Digital Type Limited
Company Information
for the year ended 28 February 2025
Director
Candice Elizabeth Lott
Company Number
12293831 (England and Wales)
Registered Office
C/O Realise Finance Ltd
Brightfield Business Hub
Orton Southgate
Peterborough
Cambridgeshire
PE2 6XU
England
Accountants
Realise Finance Ltd
Brightfield Business Hub
Orton Southgate
Peterborough
PE2 6XU
We Are The Digital Type Limited
Statement of financial position
as at 28 February 2025
Tangible assets
7,404
9,208
Cash at bank and in hand
85,798
20,308
Creditors: amounts falling due within one year
(28,003)
(22,940)
Net current assets
61,598
32,498
Total assets less current liabilities
69,002
41,706
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
67,150
41,705
Shareholders' funds
67,151
41,706
For the year ending 28 February 2025 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 director acknowledges her 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 and authorised for issue on 20 October 2025 and were signed on its behalf by
Candice Elizabeth Lott
Director
Company Registration No. 12293831
We Are The Digital Type Limited
Notes to the Accounts
for the year ended 28 February 2025
We Are The Digital Type Limited is a private company, limited by shares, registered in England and Wales, registration number 12293831. The registered office is C/O Realise Finance Ltd, Brightfield Business Hub, Orton Southgate, Peterborough, Cambridgeshire, PE2 6XU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
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.
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the director continues to adopt the going concern basis of accounting in the preperation of these financial statements.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
We Are The Digital Type Limited
Notes to the Accounts
for the year ended 28 February 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2024
5,014
15,246
20,260
At 28 February 2025
9,479
16,227
25,706
At 1 March 2024
2,095
8,957
11,052
Charge for the year
1,897
5,353
7,250
At 28 February 2025
3,992
14,310
18,302
At 28 February 2025
5,487
1,917
7,404
At 29 February 2024
2,919
6,289
9,208
Amounts falling due within one year
Trade debtors
3,803
35,130
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
25,853
15,119
Loans from directors
377
2,505
7
Average number of employees
During the year the average number of employees was 1 (2024: 3).