REGISTERED NUMBER: 10238317 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

FILTER DIGITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O Morrison

P Halfpenny

REGISTERED OFFICE:

Argent House

5 Goldington Road

Bedford

MK40 3JY

REGISTERED NUMBER:

10238317 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde & Partners

Chartered Certified Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Tangible assets

4

19,637

21,946

Investments

5

111,052

105,251

130,689

127,197

CURRENT ASSETS

Debtors

6

1,001,421

951,267

Prepayments and accrued income

138,532

77,116

Cash at bank

1,000,468

411,747

2,140,421

1,440,130

CREDITORS

Amounts falling due within one year

7

554,051

426,810

NET CURRENT ASSETS

1,586,370

1,013,320

TOTAL ASSETS LESS CURRENT LIABILITIES

1,717,059

1,140,517

CREDITORS

Amounts falling due after more than one year

8

-

(9,914

)

PROVISIONS FOR LIABILITIES

10

(4,910

)

(5,487

)

ACCRUALS AND DEFERRED INCOME

(367,710

)

(166,643

)

NET ASSETS

1,344,439

958,473

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

11

-

8,341

Retained earnings

1,344,339

950,032

1,344,439

958,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 7 January 2026 and were signed on its behalf by:

O Morrison - Director

P Halfpenny - Director

1.	STATUTORY INFORMATION

Filter 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.

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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

50% on cost

Computer equipment

-

50% on cost

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets or financial liabilities.

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 profit or loss in other administrative expenses.

Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.

Creditors and provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably measured. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Loans and borrowings are initially recognised at the transaction price including costs. Subsequently, they are measured at amortised cost using the effective interest method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. The present value of a financial asset or financial liability that is repayable on demand is equal to the undiscounted cash amount expect to be pair or received.

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.

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.

Investments

Listed investments are valued at their market value at the balance sheet date. Any changes in their fair value are recognised in the profit and loss for the period.

Any advisory charges and platform fees relating to the investments are charged to the profit and loss for the period in which they relate to.

Dividends and interest relating to the investments are recognised in the profit and loss in the period in which they are received.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2024

1,083

55,145

56,228

Additions

-

15,473

15,473

At 30 June 2025

1,083

70,618

71,701

DEPRECIATION

At 1 July 2024

965

33,317

34,282

Charge for year

118

17,664

17,782

At 30 June 2025

1,083

50,981

52,064

NET BOOK VALUE

At 30 June 2025

-

19,637

19,637

At 30 June 2024

118

21,828

21,946

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 July 2024

105,251

Share of profit/(loss)

(1,486

)

Revaluations

6,347

Dividends received

940

At 30 June 2025

111,052

NET BOOK VALUE

At 30 June 2025

111,052

At 30 June 2024

105,251

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

999,003

895,078

Amounts owed by group undertakings

1,590

1,590

Amounts owed by associates

828

53,772

Other debtors

-

827

1,001,421

951,267

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts (see note 9)

9,646

10,000

Trade creditors

37,340

51,651

Tax

138,473

54,050

Social security and other taxes

110,538

95,982

VAT

230,465

191,324

Other creditors

27,090

7,879

Directors' current accounts

499

15,924

554,051

426,810

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans (see note 9)

-

9,914

9.

LOANS

Bank loans consists of the Bounce Back loan, which is 100 per cent guaranteed by the government. The loan was interest free for the first 12 months and the rate is fixed at 2.5 per cent thereafter, payable on the outstanding principle amount of the loan and applicable until the final repayment date.

10.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

4,910

5,487

Deferred

tax

£

Balance at 1 July 2024

5,487

Accelerated capital allowances

(577

)

Balance at 30 June 2025

4,910

11.

RESERVES

Fair

value

reserve

£

At 1 July 2024

8,341

Transfer

6,347

Transfer between reserves

(14,688

)

At 30 June 2025

-

The fair value reserve is made up of unrealised gains on investments. As the investments are highly liquid assets and are readily convertible to cash, these have been transferred to retained earnings.