IRIS Accounts Production v23.2.0.158 02889172 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028891722022-05-31028891722023-05-31028891722022-06-012023-05-31028891722021-05-31028891722021-06-012022-05-31028891722022-05-3102889172ns10:Originalns15:EnglandWales2022-06-012023-05-3102889172ns14:PoundSterlingns10:Original2022-06-012023-05-3102889172ns10:Originalns10:Director12022-06-012023-05-3102889172ns10:Original2022-06-012023-05-3102889172ns10:Original2023-05-3102889172ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3102889172ns10:Originalns10:SmallEntities2022-06-012023-05-3102889172ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3102889172ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3102889172ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3102889172ns10:Originalns10:AbridgedAccounts2022-06-012023-05-3102889172ns10:Originalns10:Director22022-06-012023-05-3102889172ns10:CompanySecretary1ns10:Original2022-06-012023-05-3102889172ns10:Originalns10:RegisteredOffice2022-06-012023-05-3102889172ns10:Original2022-05-3102889172ns10:Originalns5:CurrentFinancialInstruments2023-05-3102889172ns10:Originalns5:CurrentFinancialInstruments2022-05-3102889172ns10:Originalns5:Non-currentFinancialInstruments2023-05-3102889172ns10:Originalns5:Non-currentFinancialInstruments2022-05-3102889172ns5:ShareCapitalns10:Original2023-05-3102889172ns5:ShareCapitalns10:Original2022-05-3102889172ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3102889172ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3102889172ns10:Originalns5:PlantMachinery2022-06-012023-05-3102889172ns10:Original2021-06-012022-05-3102889172ns10:Original2022-05-31
REGISTERED NUMBER: 02889172 (England and Wales)















Financial Statements for the Year Ended 31 May 2023

for

Datel Protex Systems Limited

Datel Protex Systems Limited (Registered number: 02889172)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Datel Protex Systems Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mr M Rath
Mr A Pimblett





SECRETARY: Mr D J Preston





REGISTERED OFFICE: Cinnamon Park
Fearnhead
WARRINGTON
Cheshire
WA2 0XP





REGISTERED NUMBER: 02889172 (England and Wales)





ACCOUNTANTS: Ashworth Treasure Limited
Chartered Accountants
17-19 Park Street
Lytham
Lancashire
FY8 5LU

Datel Protex Systems Limited (Registered number: 02889172)

Abridged Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,093 3,956

CURRENT ASSETS
Debtors 292,584 155,396
Cash at bank 92,586 202,557
385,170 357,953
CREDITORS
Amounts falling due within one year 347,778 345,787
NET CURRENT ASSETS 37,392 12,166
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,485

16,122

CREDITORS
Amounts falling due after more than one
year

5

162,678

204,222
NET LIABILITIES (119,193 ) (188,100 )

CAPITAL AND RESERVES
Called up share capital 79,817 79,817
Retained earnings (199,010 ) (267,917 )
SHAREHOLDERS' FUNDS (119,193 ) (188,100 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 November 2023 and were signed on its behalf by:





Mr M Rath - Director


Datel Protex Systems Limited (Registered number: 02889172)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Datel Protex Systems 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
The financial statements have been prepared on the going concern basis as, having made appropriate enquiries, the directors have a reasonable expectation that Datel Protex Systems Limited have adequate resources to continue in operational existence for the foreseeable future.

Revenue recognition
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 15% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recoginsed at the present value of future payments discounted at a market rate of interest for a similar debt instrument.

Financial asses that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of the reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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 7 (2022 - 5 ) .

Datel Protex Systems Limited (Registered number: 02889172)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2022 83,748
Additions 4,674
Disposals (762 )
At 31 May 2023 87,660
DEPRECIATION
At 1 June 2022 79,792
Charge for year 1,775
At 31 May 2023 81,567
NET BOOK VALUE
At 31 May 2023 6,093
At 31 May 2022 3,956

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2023 2022
£    £   
Repayable by instalments
Other loans more 5yrs instal - 38,046