ACCOUNTS - Final Accounts preparation

Hire purchase and finance leases

Minimum lease payments under hire purchase fall due as follows:

Registered number: 10934907

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 AUGUST 2025

	DIGITAL ASSURE LIMITED


DIGITAL ASSURE LIMITED REGISTERED NUMBER:10934907

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		740		1,856
			740		1,856
Current assets
Debtors: amounts falling due within one year	5	-		2,738
Cash at bank and in hand	6	1		42
		1		2,780
Creditors: amounts falling due within one year	7	(2,905)		(2,485)
Net current (liabilities)/assets			(2,904)		295
Total assets less current liabilities			(2,164)		2,151
Creditors: amounts falling due after more than one year	8		(628)		(2,813)

Net liabilities			(2,792)		(662)

Capital and reserves
Called up share capital	2	2
Profit and loss account	(2,794)	(664)
	(2,792)	(662)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 May 2026.

Mr A Bazler

Director

The notes on pages 3 to 6 form part of these financial statements.

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DIGITAL ASSURE LIMITED REGISTERED NUMBER:10934907

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 AUGUST 2025

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DIGITAL ASSURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

The company is a private company limited by share capital, incoropared in England and Wales.

The address of its registered office is:
C/o Menzies LLP
One Express
1 George Leigh Street
Manchester
Greater Manchester
M4 5DL

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

At the balance sheet date, the company had net current liabilities. The company has received assurances from the director that he will continue to give financial support to the company for the foreseeable future and for a period not less than 12 months from the date of signing these financial statements.

On this basis, the director considers it appropriate to prepare the accounts on the going concern basis. However, should the financial support mentioned above not be forthcoming the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be be necessary should this basis not continue to be appropriate.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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DIGITAL ASSURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.4

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Office equipment	-	20%
				Computer equipment	-	33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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DIGITAL ASSURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

4.	Tangible fixed assets

	Office equipment	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 September 2024	5,614	4,159	9,773
At 31 August 2025	5,614	4,159	9,773
Depreciation
At 1 September 2024	3,826	4,091	7,917
Charge for the year on owned assets	1,048	68	1,116
At 31 August 2025	4,874	4,159	9,033
Net book value
At 31 August 2025	740	-	740
At 31 August 2024	1,788	68	1,856

Debtors

					2025	2024
					£	£


Other debtors	-	2,738
	-	2,738

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	1	42
	1	42

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DIGITAL ASSURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Obligations under finance lease and hire purchase contracts	1,765	1,765
Other creditors	300	-
Accruals and deferred income	840	720
	2,905	2,485

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Net obligations under finance leases and hire purchase contracts	628	2,813
	628	2,813

Within one year	1,765	1,765
Between 1-5 years	628	2,813
	2,393	4,578

10.	Related party transactions
	Transactions with the director

		Balance Bf	Repaid	Movement	2025	2024
		£	£	£	£	£

	Net advances are repayable on demand with no interest charged	2,738	(2,738)	(300)	(300)	2,738
		2,738	(2,738)	(300)	(300)	2,738

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