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REGISTERED NUMBER: 10633013 (England and Wales)











Financial Statements

for the Year Ended 28 February 2023

for

DATAZED LTD

DATAZED LTD (REGISTERED NUMBER: 10633013)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DATAZED LTD

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mrs L Joseph
Mr C R Joseph





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 10633013 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

DATAZED LTD (REGISTERED NUMBER: 10633013)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,794 1,564

CURRENT ASSETS
Debtors 5 108,773 34,540
Cash at bank 13,543 54,758
122,316 89,298
CREDITORS
Amounts falling due within one year 6 90,882 39,279
NET CURRENT ASSETS 31,434 50,019
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,228

51,583

CREDITORS
Amounts falling due after more than one year 7 33,029 42,014
NET ASSETS 199 9,569

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 99 9,469
SHAREHOLDERS' FUNDS 199 9,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

DATAZED LTD (REGISTERED NUMBER: 10633013)

Balance Sheet - continued
28 February 2023


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 21 November 2023 and were signed on its behalf by:




Mr C R Joseph - Director



Mrs L Joseph - Director


DATAZED LTD (REGISTERED NUMBER: 10633013)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Datazed Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

DATAZED LTD (REGISTERED NUMBER: 10633013)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 2,998 990 3,988
Additions 135 624 759
At 28 February 2023 3,133 1,614 4,747
DEPRECIATION
At 1 March 2022 1,628 796 2,424
Charge for year 345 184 529
At 28 February 2023 1,973 980 2,953
NET BOOK VALUE
At 28 February 2023 1,160 634 1,794
At 28 February 2022 1,370 194 1,564

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 55,020 19,200
Directors' current accounts 53,753 15,340
108,773 34,540

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 10,652 -
Tax 6,837 9,566
VAT 10,420 3,134
Directors' current accounts - 15,341
Accruals and deferred income 62,973 11,238
90,882 39,279

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans - 2-5 years 33,029 42,014

DATAZED LTD (REGISTERED NUMBER: 10633013)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
99 A Ordinary £1 99 99
1 B Ordinary £1 1 1
100 100