Digatex Analytics Limited
Company Registration No. 11374532 (England And Wales)
Unaudited Financial Statements
Year Ended 31 March 2023
DIGATEX ANALYTICS LIMITED
Digatex Analytics Limited
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DIGATEX ANALYTICS LIMITED
Digatex Analytics Limited
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
-
-
Creditors: amounts falling due within one year
3
(3,560)
(3,260)
Net current liabilities
(3,560)
(3,260)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(3,660)
(3,360)
Total equity
(3,560)
(3,260)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 19 December 2023
D Middlemas
Director
Company Registration No. 11374532
DIGATEX ANALYTICS LIMITED
Digatex Analytics Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information
Digatex Analytics Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ship Canal House, King Street, Manchester, M2 4WU.
1.1
Accounting convention
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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to the ongoing support from the Group, which has committed to support the business if any additional funding is required. Thus the directors continues to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
DIGATEX ANALYTICS LIMITED
Digatex Analytics Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
3
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
3,560
3,260
4
Directors' transactions
Dividends totalling £0 (2022 - £0) were paid in the year in respect of shares held by the company's directors.
During the year the Director advanced £720 (2022: £2,640) to the Company. At 31 March 2023 the Company owed £3,260 (2022: £2,540) to the Director. No interest has been charged to the Company in respect of this loan which is repayable on demand and classified in creditors due within one year.