DIGI SPHERE INNOVATIONS LTD

Company Registration Number:
15749512 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 29 May 2024

End date: 31 May 2025

DIGI SPHERE INNOVATIONS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DIGI SPHERE INNOVATIONS LTD

Profit And Loss Account

for the Period Ended 31 May 2025

2025


£
Turnover: 59,360
Cost of sales: ( 38,538 )
Gross profit(or loss): 20,822
Distribution costs: 0
Administrative expenses: ( 1,467 )
Other operating income: 0
Operating profit(or loss): 19,355
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 19,355
Tax: ( 3,677 )
Profit(or loss) for the financial year: 15,678

DIGI SPHERE INNOVATIONS LTD

Balance sheet

As at 31 May 2025

Notes 2025


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 2,079
Tangible assets: 4 1,455
Investments:   0
Total fixed assets: 3,534
Current assets
Stocks: 5 165
Debtors: 6 22,285
Cash at bank and in hand: 73,120
Investments: 7 284,638
Total current assets: 380,208
Prepayments and accrued income: 11,230
Creditors: amounts falling due within one year: 8 ( 11,405 )
Net current assets (liabilities): 380,033
Total assets less current liabilities: 383,567
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 383,567
Capital and reserves
Called up share capital: 1
Share premium account: 0
Other reserves: 367,888
Profit and loss account: 15,678
Total Shareholders' funds: 383,567

The notes form part of these financial statements

DIGI SPHERE INNOVATIONS LTD

Balance sheet statements

For the year ending 31 May 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 June 2025
and signed on behalf of the board by:

Name: Sevastiyana Todorova
Status: Director

The notes form part of these financial statements

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue represents the fair value of consideration received or receivable for services provided during the financial year, excluding Value Added Tax and other sales taxes. Revenue is recognised when the performance obligations under customer contracts have been satisfied and the economic benefits are expected to flow to the Company.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is calculated using the straight-line method over the estimated useful lives of the respective assets.

    Intangible fixed assets amortisation policy

    Intangible assets comprise software and other intellectual property acquired by the Company. They are measured at cost less accumulated amortisation and impairment losses. Amortisation is charged on a straight-line basis over the estimated useful economic lives of the assets.

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025
    Average number of employees during the period 5

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 0 2,079 2,079
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 May 2025 0 2,079 2,079
Amortisation
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 31 May 2025 0 0 0
Net book value
At 31 May 2025 0 2,079 2,079

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 0 0 1,594 0 1,594
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 May 2025 0 0 0 1,594 0 1,594
Depreciation
Charge for year 0 0 0 139 0 139
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 May 2025 0 0 0 139 0 139
Net book value
At 31 May 2025 0 0 0 1,455 0 1,455

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

5. Stocks

2025
£
Stocks 165
Total 165

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

6. Debtors

2025
£
Trade debtors 22,285
Prepayments and accrued income 0
Other debtors 0
Total 22,285
Debtors due after more than one year: 0

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

7. Current assets investments note

Creditors falling due within one year comprise trade creditors and corporation tax. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost. The corporation tax provision represents amounts expected to be paid using tax rates enacted at the reporting date.

DIGI SPHERE INNOVATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

8. Creditors: amounts falling due within one year note

2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 11,405
Taxation and social security 0
Accruals and deferred income 0
Other creditors 0
Total 11,405