Databroker Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06903431 (England and Wales)

Unaudited Financial Statements

for the Period 1 June 2020 to 31 December 2020

for

Databroker Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

J M Keating

REGISTERED OFFICE:

First Floor

Chapel House

1 Borough Road

Altrincham

Cheshire

WA15 9RA

REGISTERED NUMBER:

06903431 (England and Wales)

ACCOUNTANTS:

John A. Walker Accountancy Services

1a Davyhulme Circle

Urmston

Manchester

Greater Manchester

M41 0ST

FIXED ASSETS

Intangible assets

4

7,805

8,346

Tangible assets

5

37,733

21,965

45,538

30,311

CURRENT ASSETS

Debtors

6

131,027

103,090

Cash at bank and in hand

627,922

584,573

758,949

687,663

CREDITORS

Amounts falling due within one year

7

292,607

249,097

NET CURRENT ASSETS

466,342

438,566

TOTAL ASSETS LESS CURRENT LIABILITIES

511,880

468,877

CAPITAL AND RESERVES

Called up share capital

14

14

Retained earnings

511,866

468,863

SHAREHOLDERS' FUNDS

511,880

468,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2020 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2021 and were signed by:

J M Keating - Director

1.	STATUTORY INFORMATION

Databroker Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 period was 18 (2020 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 June 2020

and 31 December 2020

9,273

AMORTISATION

At 1 June 2020

927

Amortisation for period

541

At 31 December 2020

1,468

NET BOOK VALUE

At 31 December 2020

7,805

At 31 May 2020

8,346

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2020

11,351

28,587

39,938

Additions

1,080

18,306

19,386

At 31 December 2020

12,431

46,893

59,324

DEPRECIATION

At 1 June 2020

5,115

12,858

17,973

Charge for period

640

2,978

3,618

At 31 December 2020

5,755

15,836

21,591

NET BOOK VALUE

At 31 December 2020

6,676

31,057

37,733

At 31 May 2020

6,236

15,729

21,965

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.5.20

£

£

Trade debtors

98,655

89,234

Other debtors

32,372

13,856

131,027

103,090

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.5.20

£

£

Trade creditors

19,265

30,925

Taxation and social security

184,802

141,718

Other creditors

88,540

76,454

292,607

249,097

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 December 2020 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

John A. Walker Accountancy Services

1a Davyhulme Circle

Urmston

Manchester

Greater Manchester

M41 0ST

Date: .............................................