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Company Registration No. 14306044 (England and Wales)
Technative Digital Ltd Unaudited accounts for the year ended 31 August 2025
Technative Digital Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Technative Digital Ltd Company Information for the year ended 31 August 2025
Director
Daniel Wallman
Company Number
14306044 (England and Wales)
Registered Office
Sussex Innovation Centre Brighton East Sussex BN1 9SB United Kingdom
Accountants
Collective Concepts Accounting Ltd
- 3 -
Technative Digital Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,424
2,144
Current assets
Debtors
5
47,641
18,592
Cash at bank and in hand
92,988
5,247
140,629
23,839
Creditors: amounts falling due within one year
6
(72,101)
(19,395)
Net current assets
68,528
4,444
Total assets less current liabilities
69,952
6,588
Creditors: amounts falling due after more than one year
7
(67,139)
-
Net assets
2,813
6,588
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
2,812
6,587
Shareholders' funds
2,813
6,588
For the year ending 31 August 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 April 2026 and were signed on its behalf by
Daniel Wallman Director Company Registration No. 14306044
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Technative Digital Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Technative Digital Ltd is a private company, limited by shares, registered in England and Wales, registration number 14306044. The registered office is Sussex Innovation Centre, Brighton, East Sussex, BN1 9SB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% SLM
Computer equipment
33% SLM
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Technative Digital Ltd Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
169
3,579
3,748
Additions
230
331
561
At 31 August 2025
399
3,910
4,309
Depreciation
At 1 September 2024
23
1,581
1,604
Charge for the year
88
1,193
1,281
At 31 August 2025
111
2,774
2,885
Net book value
At 31 August 2025
288
1,136
1,424
At 31 August 2024
146
1,998
2,144
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
44,142
18,200
Accrued income and prepayments
3,499
392
47,641
18,592
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
6,659
7,976
Trade creditors
13,394
3,595
Taxes and social security
5,734
3,689
Other creditors
27,361
-
Loans from directors
7,825
3,285
Accruals
761
850
Deferred income
10,367
-
72,101
19,395
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
67,139
-
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
- 6 -
Technative Digital Ltd Notes to the Accounts for the year ended 31 August 2025
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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