Datasoft Accounting Services Ltd. - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 03042797

Unaudited Financial Statements for the Year Ended 30 April 2022

for

Datasoft Accounting Services Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Cohen

Mrs. I S COHEN

SECRETARY:

Mrs. I S COHEN

REGISTERED OFFICE:

129 Station Road

London

NW4 4NJ

REGISTERED NUMBER:

03042797

ACCOUNTANTS:

COHEN & CO ACCOUNTANTS

129 STATION ROAD

LONDON

NW4 4NJ

FIXED ASSETS

Tangible assets

4

18,148

21,594

Investments

5

123,411

-

141,559

21,594

CURRENT ASSETS

Debtors

6

19,993

126,647

Cash at bank

8,954

30,228

28,947

156,875

CREDITORS

Amounts falling due within one year

7

75,963

53,198

NET CURRENT (LIABILITIES)/ASSETS

(47,016

)

103,677

TOTAL ASSETS LESS CURRENT LIABILITIES

94,543

125,271

CREDITORS

Amounts falling due after more than one year

8

42,867

50,773

NET ASSETS

51,676

74,498

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

51,576

74,398

SHAREHOLDERS' FUNDS

51,676

74,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 April 2023 and were signed on its behalf by:

Mrs. I S COHEN - Director

1.	STATUTORY INFORMATION

Datasoft Accounting Services Ltd. is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2021

7,018

78,335

85,353

Additions

-

1,091

1,091

At 30 April 2022

7,018

79,426

86,444

DEPRECIATION

At 1 May 2021

7,018

56,741

63,759

Charge for year

-

4,537

4,537

At 30 April 2022

7,018

61,278

68,296

NET BOOK VALUE

At 30 April 2022

-

18,148

18,148

At 30 April 2021

-

21,594

21,594

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.4.22

30.4.21

£

£

Starvision investment

123,411

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Amounts owed by associates

20,000

82,719

Other debtors

(7

)

43,928

19,993

126,647

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Trade creditors

-

1

Taxation and social security

75,963

53,197

75,963

53,198

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.22

30.4.21

£

£

Bank loans

42,867

50,773