1 Digitals Europe Limited
Statement of financial position
as at 31 July 2025
Tangible assets
1,985
4,547
Cash at bank and in hand
273,632
100,437
Creditors: amounts falling due within one year
(327,063)
(166,767)
Net current assets
126,177
361,356
Net assets
128,662
365,903
Called up share capital
100
100
Profit and loss account
128,562
365,803
Shareholders' funds
128,662
365,903
For the year ending 31 July 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 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 of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by
Yoga Naga Venkata Satish PINISETTI
Director
Company Registration No. 10297543
1 Digitals Europe Limited
Notes to the Accounts
for the year ended 31 July 2025
1 Digitals Europe Limited is a private company, limited by shares, registered in England and Wales, registration number 10297543. The registered office is 268 Regus Center, Bath Road, SLOUGH, SL1 4DX, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
1,513
10,922
12,435
Disposals
-
(8,780)
(8,780)
At 31 July 2025
1,513
2,142
3,655
At 1 August 2024
756
7,132
7,888
Charge for the year
378
2,184
2,562
On disposals
-
(8,780)
(8,780)
At 31 July 2025
1,134
536
1,670
At 31 July 2025
379
1,606
1,985
At 31 July 2024
757
3,790
4,547
1 Digitals Europe Limited
Notes to the Accounts
for the year ended 31 July 2025
5
Investments
Subsidiary undertakings
Valuation at 1 August 2024
-
Valuation at 31 July 2025
500
Amounts falling due within one year
Trade debtors
176,094
427,686
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
352,041
21,021
Taxes and social security
928
18,074
Loans from directors
4,094
(10,328)
No security for the balance of the Bounce Back Loan of £15,720.
8
Average number of employees
During the year the average number of employees was 3 (2024: 5).