Companies House iXbrl

PS DIGITAL LTD. - Company Information

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Registered number: 08622280

Ps Digital Ltd.

Unaudited Financial Statements

for the year ended 31 July 2018

Statement of Financial Position

as at 31 July 2018

2018

2017

Called up share capital not paid

Fixed assets

2,109

2,668

Current assets

22,201

17,419

Prepayments and accrued income

Creditors: amounts falling due within one year

( 17,758 )

( 13,049 )

Net current assets (liabilities)

4,443

4,370

Total assets less current liabilities

6,552

7,038

Creditors: amounts falling due after more than one year

Provisions for liabilities

Accruals and deferred income

Net assets

6,552

7,038

Capital and reserves

6,552

7,038

08622280 2017-08-01 2018-07-31 08622280 2016-08-01 2017-07-31 08622280 2018-07-31 08622280 2017-07-31 08622280 2017-08-01 08622280 uk-frs102:WithinOneYear 2018-07-31 08622280 uk-frs102:AfterOneYear 2018-07-31 08622280 uk-frs102:WithinOneYear 2017-07-31 08622280 uk-frs102:AfterOneYear 2017-07-31 08622280 uk-bus:AuditExempt-NoAccountantsReport 2017-08-01 2018-07-31 08622280 uk-bus:AbbreviatedAccounts 2017-08-01 2018-07-31 08622280 uk-bus:Director1 1 2017-08-01 2018-07-31 08622280 uk-bus:Director1 2017-08-01 2018-07-31 08622280 uk-bus:Director1 1 2017-08-01 08622280 uk-bus:Director1 1 2018-07-31 08622280 uk-bus:Micro-entities 2017-08-01 2018-07-31 08622280 uk-bus:PrivateLimitedCompanyLtd 2017-08-01 2018-07-31 iso4217:GBP 08622280 countries:EnglandWales 2017-08-01 2018-07-31 08622280 uk-bus:RegisteredOffice 2017-08-01 2018-07-31

Footnotes to the Statement of Financial Position

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Paul Sellars

Included in debtors is an amount payable to the company by one of its directors. The amount is an advance of £2,242 made to Paul Sellars, a director of the company, on 01/08/2017.

During the accounting year the maximum amount payable by Paul Sellars was £2,948

The following conditions are attached to the amount payable by Paul Sellars:

There is no interest due to be paid on any outstanding amount
No fixed date has been set for the amount to be repaid to the company.

Opening balance 01/08/2017	Additional advance	Amount repaid	Amount written off	Amounts waived	Interest payable	Closing balance 31/07/2018
£	£	£	£	£	£	£
( 307 )	( 11,432 ) ( 11,432 )	9,497 9,497	0	0	0	( 2,242 )

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/07/2018 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 Companies Act 2006 with respect to accounting records and the preparation of accounts