| Datastorm Wireless Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Datastorm Wireless Limited for the year ended 30 June 2014 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Datastorm Wireless Limited for the year ended 30 June 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| This report is made solely to the Company’s directors, as a body, in accordance with our current Terms of Business. Our work has been undertaken solely to prepare for your approval the accounts of Datastorm Wireless Limited and state those matters that we have agreed to state to the Board of Directors of Datastorm Wireless Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Datastorm Wireless Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Datastorm Wireless Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Datastorm Wireless Limited. You consider that Datastorm Wireless Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the accounts of Datastorm Wireless Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts. |
|
| InTouch Accounting Limited |
| Chartered Accountants |
| Bristol & West House |
| Post Office Road |
| Bournemouth |
| Dorset |
| BH1 1BL |
|
| 17 July 2014 |
|
| Datastorm Wireless Limited |
| Registered number: |
08093730 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Current assets |
| Work in progress |
|
|
12,325 |
|
|
- |
| Debtors |
|
|
10,352 |
|
|
11,779 |
| Cash at bank and in hand |
|
|
89,442 |
|
|
60,290 |
|
|
|
112,119 |
|
|
72,069 |
|
| Creditors: amounts falling due within one year |
|
|
(21,825) |
|
|
(24,619) |
|
| Net current assets |
|
|
|
90,294 |
|
|
47,450 |
|
| Net assets |
|
|
|
90,294 |
|
|
47,450 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
90,293 |
|
|
47,449 |
|
| Shareholder's funds |
|
|
|
90,294 |
|
|
47,450 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| M Webb |
| Director |
| Approved by the board on 16 July 2014 |
|
| Datastorm Wireless Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Work in progress |
|
Work in progress is valued at the lower of cost and net realisable value. Long term work in progress on service contracts extending beyond one accounting period is valued at net realisable value only where the right to consideration arises during the accounting period. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
