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REGISTERED NUMBER: 08927195 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Datapact (London) Limited

Datapact (London) Limited (Registered number: 08927195)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Datapact (London) Limited

Company Information
for the year ended 31 March 2023







DIRECTORS: P D Yudt
Mrs A J Yudt





SECRETARY: P D Yudt





REGISTERED OFFICE: c/o Gorrie Whitson Limited
1st Floor, Cromwell House
14 Fulwood Place
London





REGISTERED NUMBER: 08927195 (England and Wales)





ACCOUNTANTS: Gorrie Whitson Limited
1st Floor, Cromwell House
14 Fulwood Place
London
WC1V 6HZ

Datapact (London) Limited (Registered number: 08927195)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,217 9,621
Investment property 5 - 646,270
7,217 655,891

CURRENT ASSETS
Stocks 8,512 18,921
Debtors 6 1,052,826 304,728
Cash at bank 283,080 864,910
1,344,418 1,188,559
CREDITORS
Amounts falling due within one year 7 594,423 793,044
NET CURRENT ASSETS 749,995 395,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

757,212

1,051,406

PROVISIONS FOR LIABILITIES 1,371 76,384
NET ASSETS 755,841 975,022

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 755,741 974,922
SHAREHOLDERS' FUNDS 755,841 975,022

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

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

Datapact (London) Limited (Registered number: 08927195)

Balance Sheet - continued
31 March 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 8 November 2023 and were signed on its behalf by:





P D Yudt - Director


Datapact (London) Limited (Registered number: 08927195)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Datapact (London) 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
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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Datapact (London) Limited (Registered number: 08927195)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 14,255
DEPRECIATION
At 1 April 2022 4,634
Charge for year 2,404
At 31 March 2023 7,038
NET BOOK VALUE
At 31 March 2023 7,217
At 31 March 2022 9,621

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 646,270
Disposals (253,869 )
Revaluations (392,401 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 646,270

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2017 62,328
Valuation in 2018 24,544
Valuation in 2019 5,735
Valuation in 2020 30,599
Valuation in 2021 141,696
Valuation in 2022 127,499
Valuation in 2023 (392,401 )

Datapact (London) Limited (Registered number: 08927195)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 294,140 199,946
Amounts owed by group undertakings 752,553 -
Other debtors 6,000 93,908
VAT - 7,707
Prepayments 133 3,167
1,052,826 304,728

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 173,479 380,591
Purchase facility creditors 42,327 38,172
Tax 69,059 48,432
Social security and other taxes 16,135 12,920
VAT 16,569 -
Directors' current accounts - 224
Deferred income 129,549 152,495
Accrued expenses 147,305 160,210
594,423 793,044