Company Registration No. 10642536 (England and Wales)
Databuzz Ltd
Unaudited accounts
for the year ended 28 February 2023
Databuzz Ltd
Unaudited accounts
Contents
Databuzz Ltd
Company Information
for the year ended 28 February 2023
Company Number
10642536 (England and Wales)
Registered Office
92, Norden Road
Maidenhead
Berkshire
SL6 4AY
Accountants
Sigma Chartered Accountants
J O Hunter House
409 Bradford Road
Huddersfield
West Yorkshire
HD2 2RB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Databuzz Ltd for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Databuzz Ltd for the year ended
28 February 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Sigma Chartered Accountants
Chartered Accountants
J O Hunter House
409 Bradford Road
Huddersfield
West Yorkshire
HD2 2RB
23 November 2023
Databuzz Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
6,522
6,726
Cash at bank and in hand
7,718
37,558
Creditors: amounts falling due within one year
(21,021)
(40,079)
Net current assets
17,563
94,837
Total assets less current liabilities
24,085
101,563
Creditors: amounts falling due after more than one year
(22,746)
(29,745)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
-
71,088
Shareholders' funds
100
71,188
For the year ending 28 February 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 23 November 2023 and were signed on its behalf by
Mr Sandeep Movva
Director
Company Registration No. 10642536
Databuzz Ltd
Notes to the Accounts
for the year ended 28 February 2023
Databuzz Ltd is a private company, limited by shares, registered in England and Wales, registration number 10642536. The registered office is 92, Norden Road, Maidenhead, Berkshire, SL6 4AY.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Total
At 28 February 2023
25,179
At 28 February 2023
18,657
Databuzz Ltd
Notes to the Accounts
for the year ended 28 February 2023
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).