REGISTERED NUMBER: 08906046 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

North Star Digital Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J Kay

V J Wignall

REGISTERED OFFICE:

M.01 Tomorrow

Blue

MediaCityUK

M50 2AB

REGISTERED NUMBER:

08906046 (England and Wales)

ACCOUNTANTS:

Summit Accountants Limited

M.01 Tomorrow

MediaCityUK

Salford

Greater Manchester

M50 2AB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

14,273

32,150

14,273

32,150

CURRENT ASSETS

Debtors

6

136,067

126,651

Cash at bank

170,384

220,623

306,451

347,274

CREDITORS

Amounts falling due within one year

7

129,573

148,961

NET CURRENT ASSETS

176,878

198,313

TOTAL ASSETS LESS CURRENT LIABILITIES

191,151

230,463

CREDITORS

Amounts falling due after more than one year

8

(64,243

)

(94,602

)

PROVISIONS FOR LIABILITIES

(3,568

)

(8,038

)

NET ASSETS

123,340

127,823

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

123,240

127,723

123,340

127,823

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

V J Wignall - Director

J Kay - Director

1.	STATUTORY INFORMATION

North Star Digital Limited 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 statement 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. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss 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. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

10,900

AMORTISATION

At 1 April 2024

and 31 March 2025

10,900

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

66,533

Additions

7,333

Disposals

(33,035

)

At 31 March 2025

40,831

DEPRECIATION

At 1 April 2024

34,383

Charge for year

6,288

Eliminated on disposal

(14,113

)

At 31 March 2025

26,558

NET BOOK VALUE

At 31 March 2025

14,273

At 31 March 2024

32,150

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

61,953

60,196

Amounts owed by associates

-

8,814

Other debtors

74,114

57,641

136,067

126,651

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

7,154

7,154

Trade creditors

36,733

55,216

Amounts owed to associates

1,230

1,443

Taxation and social security

50,133

53,545

Other creditors

34,323

31,603

129,573

148,961

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

26,535

28,851

Other creditors

37,708

65,751

64,243

94,602

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2025, the following amounts were owed by the directors to the company:

- Director 1 = £39,785

- Director 2 = £16,320

No formal repayment terms have been agreed.