Manchester Digital Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04398806

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		28,705		27,320
Tangible Assets	5		6,490		8,559

			35,195		35,879
CURRENT ASSETS
Debtors	6	237,368		156,951
Cash at bank and in hand		61,409		284,940

		298,777		441,891
Creditors: Amounts Falling Due Within One Year	7	(298,728 )		(283,428 )

NET CURRENT ASSETS (LIABILITIES)			49		158,463

TOTAL ASSETS LESS CURRENT LIABILITIES			35,244		194,342

Creditors: Amounts Falling Due After More Than One Year	8		-		(10,064 )

NET ASSETS			35,244		184,278

Income and Expenditure Account			35,244		184,278

MEMBERS' FUNDS			35,244		184,278

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Manchester Digital Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

K Gallagher

Director

30/06/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Manchester Digital Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04398806 . The registered office is Manchester Technology Centre, Oxford Road, Manchester, M1 7ED.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Significant judgements and estimations

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There have been no judgements, estimates or assumptions made in the preparation of these financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets consist of website development costs. These costs are amortised to the income and expenditure account over its estimated economic life of 5 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% Straight Line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2024: 14)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	134,886
Additions	14,200

As at 31 March 2025	149,086

...CONTINUED

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Manchester Digital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Amortisation
As at 1 April 2024	107,566
Provided during the period	12,815

As at 31 March 2025	120,381

Net Book Value
As at 31 March 2025	28,705

As at 1 April 2024	27,320

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	24,448
Additions	1,415

As at 31 March 2025	25,863

Depreciation
As at 1 April 2024	15,889
Provided during the period	3,484

As at 31 March 2025	19,373

Net Book Value
As at 31 March 2025	6,490

As at 1 April 2024	8,559

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	198,272	112,687
Other debtors	39,096	44,264

	237,368	156,951

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	12,156	11,057
Bank loans and overdrafts	13,092	12,009
Other creditors	203,719	185,633
Taxation and social security	69,761	74,729

	298,728	283,428

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	10,064

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Manchester Digital Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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