ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

DIGITAL UPSKILL LTD - Company Information

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Caseware UK (AP4) 2018.0.196 2018.0.196 2019-12-312019-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activityfalse2018-11-27 11699323 2018-11-26 11699323 2018-11-27 2019-12-31 11699323 2019-12-31 11699323 c:Director1 2018-11-27 2019-12-31 11699323 c:Director1 2019-12-31 11699323 c:RegisteredOffice 2018-11-27 2019-12-31 11699323 d:CurrentFinancialInstruments 2019-12-31 11699323 d:CurrentFinancialInstruments d:WithinOneYear 2019-12-31 11699323 d:ShareCapital 2019-12-31 11699323 d:RetainedEarningsAccumulatedLosses 2019-12-31 11699323 c:FRS102 2018-11-27 2019-12-31 11699323 c:AuditExempt-NoAccountantsReport 2018-11-27 2019-12-31 11699323 c:FullAccounts 2018-11-27 2019-12-31 11699323 c:PrivateLimitedCompanyLtd 2018-11-27 2019-12-31 iso4217:GBP
Company registration number: 11699323







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2019


DIGITAL UPSKILL LIMITED






































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DIGITAL UPSKILL LIMITED
 


 
COMPANY INFORMATION


Director
M. Murawiecki (appointed 27 November 2018)




Registered number
11699323



Registered office
Ashcombe House
5 The Cresecnt

Leatherhead

Surrey

KT22 8DY




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY




 


DIGITAL UPSKILL LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2

 


DIGITAL UPSKILL LIMITED
REGISTERED NUMBER:11699323



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2019

2019
Note
£

  

Current assets
  

Cash at bank and in hand
  
1,877

  
1,877

Creditors: amounts falling due within one year
 4 
(10,254)

Net current (liabilities)/assets
  
 
 
(8,377)

Total assets less current liabilities
  
(8,377)

  

Net (liabilities)/assets
  
(8,377)


Capital and reserves
  

Alloted, called up and fully paid share capital
  
100

Profit and loss account
  
(8,477)

  
(8,377)


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 period 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 comprehensive income 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 by: 




M. Murawiecki
Director

Date: 29 June 2020

The notes on page 2 form part of these financial statements.

Page 1
 


DIGITAL UPSKILL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2019

1.


General information

Digital Upskill Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date the company had net liabilities of £8,377. The director has confirmed that they will continue to support the company for the foreseeable future. Therefore, the accounts have been prepared under the going concern basis.
The Coronavirus pandemic is creating significant uncertainty globally and the company is not immune to this although, at this stage, it is not possible to reliably forecast what the long term impact of this may be. Despite the uncertainties that exist, it is the director's opinion that the going concern basis of preparation of the accounts continues to be appropriate.

 
2.3

Revenue

Revenue is derived from the provision of training services and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.


3.


Employees

The average monthly number of employees, including the director, during the period was 1.


4.


Creditors: Amounts falling due within one year

2019
£

Other taxation and social security
234

Other creditors
10,020

10,254



5.


Related party transactions

At 31 December 2019, the directors were owed £10,020 by the company. There is no interest charged on this loan.

 
Page 2