Datadial Limited - Accounts to registrar (filleted) - small 18.2

Datadial Limited - Accounts to registrar (filleted) - small 18.2

DATADIAL LIMITED - Company Information

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REGISTERED NUMBER: 03509127 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2021

for

Datadial Limited
Datadial Limited (Registered number: 03509127)






Contents of the Financial Statements
for the Year Ended 28 February 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Datadial Limited

Company Information
for the Year Ended 28 February 2021







DIRECTOR: R Faulkner





REGISTERED OFFICE: Work Life Building
174 Hammersmith Road
London
W6 7JP





REGISTERED NUMBER: 03509127 (England and Wales)





ACCOUNTANTS: Nicola Brookes
Chartered Accountant
Mole End
Shorts Green Lane
Motcombe
Dorset
SP7 9PA
Page 1
Datadial Limited (Registered number: 03509127)

Balance Sheet
28 February 2021

28.2.21 29.2.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 877 2,692
Investments 5 50,000 100,000
50,877 102,692

CURRENT ASSETS
Debtors 6 181,499 191,541
Cash at bank 417,695 261,479
599,194 453,020
CREDITORS
Amounts falling due within one year 7 96,867 97,889
NET CURRENT ASSETS 502,327 355,131
TOTAL ASSETS LESS CURRENT
LIABILITIES
553,204
457,823

PROVISIONS FOR LIABILITIES 73 -
NET ASSETS 553,131 457,823

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve 1 1
Retained earnings 553,129 457,821
SHAREHOLDERS' FUNDS 553,131 457,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2021 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 notes form part of these financial statements

Page 2 continued...
Datadial Limited (Registered number: 03509127)

Balance Sheet - continued
28 February 2021


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 7 September 2021 and were signed by:





R Faulkner - Director


The notes form part of these financial statements

Page 3
Datadial Limited (Registered number: 03509127)

Notes to the Financial Statements
for the Year Ended 28 February 2021

1. STATUTORY INFORMATION

Datadial Limited 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 as modified by the revaluation of certain assets.

Related party exemption
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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year 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 year 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.

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.

Page 4 continued...
Datadial Limited (Registered number: 03509127)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2020 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2020 26,114
Additions 958
Disposals (10,874 )
At 28 February 2021 16,198
DEPRECIATION
At 1 March 2020 23,422
Charge for year 636
Eliminated on disposal (8,737 )
At 28 February 2021 15,321
NET BOOK VALUE
At 28 February 2021 877
At 29 February 2020 2,692

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 March 2020 100,000
Impairments (50,000 )
At 28 February 2021 50,000
NET BOOK VALUE
At 28 February 2021 50,000
At 29 February 2020 100,000

Cost or valuation at 28 February 2021 is represented by:

Shares in
group
undertakings
£   
Valuation in 2020 (126,283 )
Valuation in 2021 (50,000 )
Cost 226,283
50,000

Page 5 continued...
Datadial Limited (Registered number: 03509127)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2021

5. FIXED ASSET INVESTMENTS - continued

If fixed asset investment had not been revalued it would have been included at the following historical cost:

28.2.21 29.2.20
£    £   
Cost 226,283 226,283

Fixed asset investment was valued on an open market basis on 28 February 2021 by the company director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.21 29.2.20
£    £   
Trade debtors 166,566 176,772
Other debtors 14,933 14,769
181,499 191,541

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.21 29.2.20
£    £   
Trade creditors 20,458 14,457
Taxation and social security 63,824 70,729
Other creditors 12,585 12,703
96,867 97,889

8. RELATED PARTY DISCLOSURES

The controlling party is R Faulkner.

Page 6