Datamatics Infotech Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04706198 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2020

FOR

DATAMATICS INFOTECH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R Kanodia

Mr V G Singh

Mr B Ugra

REGISTERED OFFICE:

1 Doughty Street

London

WC1N 2PH

REGISTERED NUMBER:

04706198 (England and Wales)

AUDITORS:

PSJ Alexander & Co

Chartered Accountants & Statutory Auditors

1 Doughty Street

London

WC1N 2PH

CURRENT ASSETS

Debtors

4

3,989,454

2,950,751

Cash at bank

1,261,088

866,330

5,250,542

3,817,081

CREDITORS

Amounts falling due within one year

5

2,550,594

2,023,974

NET CURRENT ASSETS

2,699,948

1,793,107

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,699,948

1,793,107

CAPITAL AND RESERVES

Called up share capital

6

20,000

Retained earnings

2,679,948

1,773,107

SHAREHOLDERS' FUNDS

2,699,948

1,793,107

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th May 2020 and were signed on its behalf by:

Mr R Kanodia - Director

1.	STATUTORY INFORMATION

Datamatics Infotech Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04706198 and registered office address is 1 Doughty Street, London, WC1N 2PH.

The principal place of business is 268 Bath Road, Slough, Berkshire, SL1 4DX.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2019 - 44 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

Trade debtors

3,402,998

2,928,068

Other debtors

586,456

22,683

3,989,454

2,950,751

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

Amounts owed to group undertakings

1,521,502

1,381,648

Taxation and social security

667,176

450,606

Other creditors

361,916

191,720

2,550,594

2,023,974

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

20,000

Ordinary shares

£1

20,000

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Vimal Shah (Senior Statutory Auditor)

for and on behalf of PSJ Alexander & Co

8.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £19,344.

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE PARENT COMPANY

The immediate and ultimate parent undertaking is Datamatics Global Services Ltd, a public listed company in India. Copies of the consolidated financial statements can be obtained from the company's registered address Knowledge Centre, Plot No. 58 Street No. 17, MIDC, Andheri (East), Mumbai - 400 093, India.

Datamatics Infotech Limited - Accounts to registrar (filleted) - small 18.2

Datamatics Infotech Limited - Accounts to registrar (filleted) - small 18.2