REGISTERED NUMBER: 03950028 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DIGITAL TV GROUP

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

31,181

29,893

Investments

5

4

4

31,185

29,897

CURRENT ASSETS

Debtors

6

380,227

780,664

Cash at bank and in hand

772,320

393,437

1,152,547

1,174,101

CREDITORS

Amounts falling due within one year

7

(691,579

)

(804,901

)

NET CURRENT ASSETS

460,968

369,200

TOTAL ASSETS LESS CURRENT LIABILITIES

492,153

399,097

PROVISIONS FOR LIABILITIES

(10,000

)

(10,000

)

NET ASSETS

482,153

389,097

RESERVES

Income and expenditure account

482,153

389,097

482,153

389,097

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 1 October 2025 and were signed on its behalf by:

F H Headon - Director

1.	STATUTORY INFORMATION

Digital TV Group is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03950028

Registered office:

5th Floor

89 Albert Embankment

Vauxhall

London

SE1 7TP

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Digital TV Group as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income

Income is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax. The policies adopted for the recognition of income are as follows:

Membership subscriptions

Income is recognised from the start date of the subscription period on a straight line basis.

Project income

Income is recognised when the outcome of the transaction can be estimated reliably and is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the contracted project deliverables.

Other income

Summit income

Income is recognised on the date of the Summit.

Tangible fixed assets

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

Website

-

33% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme whose assets are held separately from those of the company. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Website

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

108,268

64,302

111,780

284,350

Additions

2,040

483

13,894

16,417

Disposals

-

(10,634

)

(2,429

)

(13,063

)

At 31 March 2025

110,308

54,151

123,245

287,704

DEPRECIATION

At 1 April 2024

108,248

62,642

83,567

254,457

Charge for year

357

568

13,343

14,268

Eliminated on disposal

-

(10,544

)

(1,658

)

(12,202

)

At 31 March 2025

108,605

52,666

95,252

256,523

NET BOOK VALUE

At 31 March 2025

1,703

1,485

27,993

31,181

At 31 March 2024

20

1,660

28,213

29,893

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

4

NET BOOK VALUE

At 31 March 2025

4

At 31 March 2024

4

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

135,608

146,645

Amounts owed by group undertakings

65,870

317,252

Other debtors

178,749

316,767

380,227

780,664

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

5,470

132,761

Taxation and social security

87,673

29,843

Other creditors

598,436

642,297

691,579

804,901

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Colin Young BA FCA (Senior Statutory Auditor)

for and on behalf of Galloways Accounting

9.	OFF-BALANCE SHEET ARRANGEMENTS

At the year end, the company had non-cancellable operating lease commitments amounting to £50,934 (2024: £18,433). Of these commitments, £18,701 (2024:£8,931) are due in less than 1 year of the balance sheet date. No off balance sheet arrangements relate to a period more than 5 years from the balance sheet date.

10.	LIMITED BY GUARANTEE

The company is limited by guarantee and does not have any share capital.

In the event of the company being wound up, each member has undertaken to contribute such amounts as may be required not exceeding £1.