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Company Registration No. 04417876 (England and Wales)
Data Recovery Services Limited Unaudited accounts for the year ended 31 December 2023
Data Recovery Services Limited Unaudited accounts Contents
Page
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Data Recovery Services Limited Company Information for the year ended 31 December 2023
Directors
Mr Anthony Pitter Mr Aran Pitter
Secretary
Mr Anthony Pitter
Company Number
04417876 (England and Wales)
Registered Office
5 Stangate House Stanwell Road Penarth Cardiff CF64 2AA
Accountants
Nathan Evans Limited 16 Cambrian Way Marshfield Cardiff CF3 2WB
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Data Recovery Services Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Data Recovery Services Limited for the year ended 31 December 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.
Nathan Evans Limited Chartered Accountants 16 Cambrian Way Marshfield Cardiff CF3 2WB 6 March 2024
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Data Recovery Services Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
646 
1,240 
Current assets
Cash at bank and in hand
24,715 
45,911 
Creditors: amounts falling due within one year
(10,569)
(15,968)
Net current assets
14,146 
29,943 
Total assets less current liabilities
14,792 
31,183 
Creditors: amounts falling due after more than one year
(13,375)
(18,725)
Provisions for liabilities
Deferred tax
(123)
(236)
Net assets
1,294 
12,222 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,194 
12,122 
Shareholders' funds
1,294 
12,222 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 6 March 2024 and were signed on its behalf by
Mr Aran Pitter Director Company Registration No. 04417876
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Data Recovery Services Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Data Recovery Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04417876. The registered office is 5 Stangate House, Stanwell Road, Penarth, Cardiff, CF64 2AA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Data Recovery Services Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
13,178 
11,533 
24,711 
At 31 December 2023
13,178 
11,533 
24,711 
Depreciation
At 1 January 2023
13,178 
10,293 
23,471 
Charge for the year
- 
594 
594 
At 31 December 2023
13,178 
10,887 
24,065 
Net book value
At 31 December 2023
- 
646 
646 
At 31 December 2022
- 
1,240 
1,240 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
10,451 
15,917 
Loans from directors
51 
51 
Accruals
67 
- 
10,569 
15,968 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,375 
18,725 
7
Controlling party
The company was under the control of Mr Aran Pitter for the current and preceding year. Mr Aran Pitter owns 50% of the share capital and received dividends during the year of £34,000 (2022: £9,000).
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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