DigiEdge Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07240317 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2016

for

DIGIEDGE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Kumar

SECRETARY:

B Grover

REGISTERED OFFICE:

9 Willow Walk

Sutton

Surrey

SM3 3QQ

REGISTERED NUMBER:

07240317 (England and Wales)

ACCOUNTANTS:

Utterly Tax Limited

Chartered Tax Advisers &

Chartered Certified Accountants

Sophia House

28 Cathedral Road

Cardiff

South Glamorgan

CF11 9LJ

FIXED ASSETS

Tangible assets

2

-

56

CURRENT ASSETS

Cash at bank

93,019

133,113

CREDITORS

Amounts falling due within one year

33,587

32,384

NET CURRENT ASSETS

59,432

100,729

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,432

100,785

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

59,332

100,685

SHAREHOLDERS' FUNDS

59,432

100,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 September 2016 and were signed by:

N Kumar - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

178

DEPRECIATION

At 1 May 2015

122

Charge for year

56

At 30 April 2016

178

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

56

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director will from time to time advance funds to the company. Such loans are interest-free, unsecured and

repayable upon demand. The company remains under the joint control of Mr N Kumar and Mrs B Grover.