REGISTERED NUMBER: 09114111 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

DIGITAL HEARTBEAT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P McDonagh-Smith

Mrs A Garcia Kortabitarte

SECRETARY:

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

09114111 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Intangible assets

4

3,998

5,997

Tangible assets

5

3,685

4,551

7,683

10,548

CURRENT ASSETS

Debtors

6

536,079

536,551

Cash at bank

256,825

39,753

792,904

576,304

CREDITORS

Amounts falling due within one year

7

323,912

270,984

NET CURRENT ASSETS

468,992

305,320

TOTAL ASSETS LESS CURRENT LIABILITIES

476,675

315,868

PROVISIONS FOR LIABILITIES

8

921

1,138

NET ASSETS

475,754

314,730

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

475,752

314,728

SHAREHOLDERS' FUNDS

475,754

314,730

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 31 December 2025 and were signed on its behalf by:

P McDonagh-Smith - Director

1.	STATUTORY INFORMATION

Digital Heartbeat 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 technology consultancy services provided to entities outside of the United Kingdom and is recognised by reference to the stage of completion of the contract.

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.

Domain are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Furniture,fittings & equipment

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Domain

£

COST

At 1 April 2024

and 31 March 2025

9,995

AMORTISATION

At 1 April 2024

3,998

Amortisation for year

1,999

At 31 March 2025

5,997

NET BOOK VALUE

At 31 March 2025

3,998

At 31 March 2024

5,997

5.	TANGIBLE FIXED ASSETS

Furniture,fittings

Computer

& equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

3,928

33,927

37,855

Additions

-

2,683

2,683

At 31 March 2025

3,928

36,610

40,538

DEPRECIATION

At 1 April 2024

3,138

30,166

33,304

Charge for year

198

3,351

3,549

At 31 March 2025

3,336

33,517

36,853

NET BOOK VALUE

At 31 March 2025

592

3,093

3,685

At 31 March 2024

790

3,761

4,551

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

64,561

64,850

Directors' current accounts

354,569

355,053

Recoverable tax

115,410

115,410

PAYE

1,039

1,023

Prepayments

500

215

536,079

536,551

The directors' current account is repayable on demand but not expected to be repaid within 12 months of the balance sheet date.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

204

804

Tax

321,426

268,019

Other creditors

1

-

Accrued expenses

2,281

2,161

323,912

270,984

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

921

1,138

Deferred

tax

£

Balance at 1 April 2024

1,138

Provided during year

(217

)

Balance at 31 March 2025

921

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

P McDonagh-Smith

Balance outstanding at start of year

355,053

355,053

Amounts advanced

-

765,284

Amounts repaid

(484

)

(765,284

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

354,569

355,053

The directors' current account is repayable on demand but not expected to be repaid within 12 months of the balance sheet date.

Interest of £8,212 (2024: £6,919) was charged at the official rate of interest of 2.25% (2024: 2.25%).