Abbreviated Company Accounts - DATAYEAR LIMITED

02847880 DATAYEAR LIMITED 2016-04-30 false 2015-04-30 2016-04-30 true 02847880 2015-04-30 2016-04-30 02847880 2016-04-30 02847880 2015-04-29 02847880 uk-gaap-cd-bus:Director1 2015-04-30 2016-04-30 02847880 uk-gaap-cd-bus:Director2 2015-04-30 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-29 iso4217:GBP shares

Registered Number 02847880

DATAYEAR LIMITED

Abbreviated Accounts

30 April 2016

DATAYEAR LIMITED Registered Number 02847880

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,050,793	5,200,793
		5,050,793	5,200,793
Current assets
Debtors		5,597,815	1,890,863
Cash at bank and in hand		1,199,749	14,359
		6,797,564	1,905,222
Creditors: amounts falling due within one year	3	(6,792,229)	(4,373,049)
Net current assets (liabilities)		5,335	(2,467,827)
Total assets less current liabilities		5,056,128	2,732,966
Creditors: amounts falling due after more than one year	3	(2,644,646)	(376,390)
Total net assets (liabilities)		2,411,482	2,356,576
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		1,670,209	1,783,238
Profit and loss account		741,173	573,238
Shareholders' funds		2,411,482	2,356,576

For the year ending 30 April 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 May 2017

And signed on their behalf by:
Mrs L Feldman, Director

DATAYEAR LIMITED Registered Number 02847880

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents rents and similar charges exclusive of VAT.

Other accounting policies
Investment Properties
In accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) no depreciation is provided in respect of freehold properties or leasehold properties with more than 20 years remaining as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. The directors consider that this policy results in the accounts giving a true and fair view.

2Tangible fixed assets

	£
Cost
At 30 April 2015	5,200,793
Additions	-
Disposals	(150,000)
Revaluations	-
Transfers	-
At 30 April 2016	5,050,793
Depreciation
At 30 April 2015	-
Charge for the year	-
On disposals	-
At 30 April 2016	-
Net book values
At 30 April 2016	5,050,793
At 29 April 2015	5,200,793

3Creditors

	2016 £	2015 £
Secured Debts	2,725,743	2,553,777
Instalment debts due after 5 years	2,320,258	254,590

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100