Company Registration No. 11199958 (England and Wales)
Ascendancy Digital Limited
Unaudited accounts
for the period from 1 March 2025 to 31 March 2026
Ascendancy Digital Limited
Unaudited accounts
Contents
Ascendancy Digital Limited
Company Information
for the period from 1 March 2025 to 31 March 2026
Directors
James Balneaves
Zoe Balneaves
Company Number
11199958 (England and Wales)
Registered Office
201 Baldwins Lane
Croxley Green
Rickmansworth
WD3 3LH
United Kingdom
Ascendancy Digital Limited
Statement of financial position
as at 31 March 2026
Tangible assets
11,936
11,532
Cash at bank and in hand
35,508
156,085
Creditors: amounts falling due within one year
2,721
(85,700)
Net current assets
38,179
119,715
Total assets less current liabilities
50,165
131,247
Provisions for liabilities
Deferred tax
(2,996)
(2,883)
Called up share capital
2
2
Profit and loss account
47,167
128,362
Shareholders' funds
47,169
128,364
For the period ending 31 March 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 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 7 July 2026 and were signed on its behalf by
James Balneaves
Director
Company Registration No. 11199958
Ascendancy Digital Limited
Notes to the Accounts
for the period from 1 March 2025 to 31 March 2026
Ascendancy Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 11199958. The registered office is 201 Baldwins Lane, Croxley Green, Rickmansworth, WD3 3LH, United Kingdom.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
The accounts are presented in £ sterling.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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
20% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Ascendancy Digital Limited
Notes to the Accounts
for the period from 1 March 2025 to 31 March 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2025
5,000
15,257
20,257
At 31 March 2026
8,908
15,257
24,165
At 1 March 2025
1,800
6,925
8,725
Charge for the period
1,421
2,083
3,504
At 31 March 2026
3,221
9,008
12,229
At 31 March 2026
5,687
6,249
11,936
At 28 February 2025
3,200
8,332
11,532
Amounts falling due within one year
Amounts due from group undertakings etc.
(50)
-
Accrued income and prepayments
-
1,199
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
(3,512)
52,396
Loans from directors
273
12,962
8
Average number of employees
During the period the average number of employees was 2 (2025: 2).