Digitel Europe Ltd - Filleted accounts

Registered number

02753907

Digitel Europe Ltd

Filleted Accounts

30 September 2025

Digitel Europe Ltd
Registered number:		02753907
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		85,066			85,579

Current assets
Stocks		3,500			3,500
Debtors	4	95,953			77,495
Cash at bank and in hand		917,046			1,007,440
		1,016,499			1,088,435

Creditors: amounts falling due within one year	5	(551,646)			(547,124)

Net current assets			464,853			541,311

Net assets			549,919			626,890

Capital and reserves
Called up share capital			1,190			1,190
Profit and loss account			548,729			625,700

Shareholders' funds			549,919			626,890

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr T Cullen
Director
Approved by the board on 4 June 2026

Digitel Europe Ltd
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over 50 years
	Plant and machinery			20% reducing balance
	Fixtures, fittings, tools and equipment			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					17		17


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2024	145,148		123,823		46,993		315,964
	Additions	-		-		8,995		8,995
	Disposals	-		-		(10,066)		(10,066)
	At 30 September 2025	145,148		123,823		45,922		314,893

	Depreciation
	At 1 October 2024	80,075		116,168		34,142		230,385
	Charge for the year	2,899		1,516		4,656		9,071
	On disposals	-		-		(9,629)		(9,629)
	At 30 September 2025	82,974		117,684		29,169		229,827

	Net book value
	At 30 September 2025	62,174		6,139		16,753		85,066
	At 30 September 2024	65,073		7,655		12,851		85,579


4	Debtors					2025		2024
£							£

	Trade debtors					93,625		52,342
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					-		22,870
	Other debtors					2,328		2,283
						95,953		77,495


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					65,867		64,688
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					306,304		213,666
	Taxation and social security costs					23,253		44,579
	Other creditors					156,222		224,191
						551,646		547,124


6	Other information

	Digitel Europe Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Communication Centre
	1 Ivy Street
	Birkenhead
	Merseyside
	CH41 5EE