Datactics Limited 31/10/2020 iXBRL
Datactics Limited 31/10/2020 iXBRL
Company registration number:
03847379
Contents
Directors and other information
Directors responsibilities statement
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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(Appointed 30th September 2020) | ||
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(Resigned 12th March 2020) | ||
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Company number |
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Registered office |
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Business address |
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Auditor |
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Old Bank House | |||
161-163 Upper Lisburn Road | |||
Belfast | |||
BT10 0LJ | |||
Bankers |
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4-8 High Street | ||
Belfast | ||
BT1 2BA | ||
Directors responsibilities statement
Year ended 31st October 2020
The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgments and accounting estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Statement of financial position
31st October 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Intangible assets | 5 |
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Tangible assets | 6 |
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Current assets | |||||||||
Debtors | 7 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 8 |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Share premium account |
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Other reserves |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
01 October 2021
, and are signed on behalf of the board by:
Director
Company registration number:
03847379
Notes to the financial statements
Year ended 31st October 2020
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is Suite 1 3rd Floor, 11-12 St James's Square, London, SW1Y 4 LB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Turnover
Taxation
Intangible assets
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Combined other intangible assets | - |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Short leasehold property | - |
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Plant and machinery | - |
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Fittings fixtures and equipment | - |
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Computer equipment | - |
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reducing balance | |
Impairment
Government grants
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
42
(2019:
33
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5.
Intangible assets
Other intangible assets | Total | ||
£ | £ | ||
Cost | |||
At 1st November 2019 | - | - | |
Additions | 27,998 | 27,998 | |
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At 31st October 2020 |
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Amortisation | |||
At 1st November 2019 | - | - | |
Charge for the year |
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At 31st October 2020 |
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Carrying amount | |||
At 31st October 2020 |
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At 31st October 2019 | - | - | |
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6.
Tangible assets
Short leasehold property | Plant and machinery | Fixtures, fittings and equipment | Computer equipment | Total | ||
£ | £ | £ | £ | £ | ||
Cost | ||||||
At 1st November 2019 |
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Additions |
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At 31st October 2020 |
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Depreciation | ||||||
At 1st November 2019 |
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Charge for the year |
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At 31st October 2020 |
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Carrying amount | ||||||
At 31st October 2020 |
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At 31st October 2019 |
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7.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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8.
Creditors: amounts falling due within one year
2020 | 2019 | |||
£ | £ | |||
Trade creditors |
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Social security and other taxes |
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Other creditors |
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_______ | _______ | |||
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9.
Summary audit opinion
The senior statutory auditor was
Chris Fleming
for and on behalf of
Allen Fleming CA Limited
10.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2020 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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- | - | - | |
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2019 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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11.
Ethical standards
In common with many other businesses our size and nature, we use our auditors to assist in the preparation of the financial statements.