Company Registration No. 10203383 (England and Wales)
Deepstream Technologies Limited
Unaudited accounts
for the year ended 30 June 2023
Deepstream Technologies Limited
Unaudited accounts
Contents
Deepstream Technologies Limited
Company Information
for the year ended 30 June 2023
Directors
Carrie Wallace Babock
Jack Macfarlane
Johan Einar Schiller
Ricardo Gonçalves Parro
Company Number
10203383 (England and Wales)
Registered Office
25 Eccleston Place
London
SW1W 9NF
England
Accountants
Sidgrove
86-90 Paul Street
London
EC2A 4NE
Deepstream Technologies Limited
Statement of financial position
as at 30 June 2023
Tangible assets
3,657
5,866
Cash at bank and in hand
1,174,628
3,278,896
Creditors: amounts falling due within one year
(292,035)
(215,430)
Net current assets
1,291,853
3,361,680
Net assets
1,295,510
3,367,546
Called up share capital
2,426
2,426
Share premium
6,906,190
6,906,190
Profit and loss account
(5,613,106)
(3,541,070)
Shareholders' funds
1,295,510
3,367,546
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2023 and were signed on its behalf by
Jack Macfarlane
Director
Company Registration No. 10203383
Deepstream Technologies Limited
Notes to the Accounts
for the year ended 30 June 2023
Deepstream Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 10203383. The registered office is 25 Eccleston Place, London, SW1W 9NF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% Straight Line
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
8,010
5,581
13,591
At 30 June 2023
8,010
5,581
13,591
At 1 July 2022
7,111
614
7,725
Charge for the year
367
1,842
2,209
At 30 June 2023
7,478
2,456
9,934
At 30 June 2023
532
3,125
3,657
At 30 June 2022
899
4,967
5,866
Deepstream Technologies Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
30,788
25,859
Accrued income and prepayments
46,129
59,295
Other debtors
321,936
143,659
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
18,430
27,655
Taxes and social security
31,637
94,082
Deferred income
231,962
46,123
7
Average number of employees
During the year the average number of employees was 14 (2022: 11).