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Registered number: 09264136
Say Digital Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Blackman Terry LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09264136
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,125 4,257
Investments 6 30,000 30,000
32,125 34,257
CURRENT ASSETS
Debtors 7 995,777 1,129,033
Cash at bank and in hand 9,327 3,134
1,005,104 1,132,167
Creditors: Amounts Falling Due Within One Year 8 (1,004,231 ) (1,142,010 )
NET CURRENT ASSETS (LIABILITIES) 873 (9,843 )
TOTAL ASSETS LESS CURRENT LIABILITIES 32,998 24,414
Creditors: Amounts Falling Due After More Than One Year 9 (223,417 ) (219,325 )
NET LIABILITIES (190,419 ) (194,911 )
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account (191,419 ) (195,911 )
SHAREHOLDERS' FUNDS (190,419) (194,911)
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For the year ending 31 January 2026 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Benjamin Blomerley
Director
10/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Say Digital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09264136 . The registered office is 28 Chichester Drive West, Saltdean, Brighton, BN2 8SH .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Straight Line
2.5. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2025: 10)
5 10
4. Intangible Assets
Development Costs
£
Cost
As at 1 February 2025 94,758
As at 31 January 2026 94,758
Amortisation
As at 1 February 2025 94,758
As at 31 January 2026 94,758
Net Book Value
As at 31 January 2026 -
As at 1 February 2025 -
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5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2025 25,565
As at 31 January 2026 25,565
Depreciation
As at 1 February 2025 21,308
Provided during the period 2,132
As at 31 January 2026 23,440
Net Book Value
As at 31 January 2026 2,125
As at 1 February 2025 4,257
6. Investments
Unlisted
£
Cost or Valuation
As at 1 February 2025 30,000
As at 31 January 2026 30,000
Provision
As at 1 February 2025 -
As at 31 January 2026 -
Net Book Value
As at 31 January 2026 30,000
As at 1 February 2025 30,000
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 593,430 575,892
Prepayment 30 4,818
Amounts owed by group undertakings 19,009 173,224
Other debtors 382,603 375,099
995,072 1,129,033
Due after more than one year
Other debtors 705 -
995,777 1,129,033
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8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 62,860 152,427
Bank loans and overdrafts 23,851 14,723
Accrual - 21,652
Amounts owed to group undertakings 104,636 112,747
Other creditors 567,480 487,920
Taxation and social security 245,404 352,541
1,004,231 1,142,010
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 25,500 32,825
Other creditors 197,917 186,500
223,417 219,325
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Richard Sams - 2,089 - - 2,089
The above loan is unsecured, interest free and repayable on demand.
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