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Company Registration No. 04433222 (England and Wales)
DAQS Limited Unaudited Accounts for the year ended 31 March 2024
DAQS Limited Unaudited Accounts Contents
Page
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DAQS Limited Company Information for the year ended 31 March 2024
Directors
Antony R Pickavance Suzanne E Pickavance
Company Number
04433222 (England and Wales)
Registered Office
The Orchards Oak Tree Court Tollerton, Nottingham Notts NG12 4HJ UK
Accountants
Paul Hammett 15 Lyndhurst Grove Stone Staffs ST15 8TP
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DAQS Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
333 
2,122 
Current assets
Debtors
18,358 
1,320 
Cash at bank and in hand
57,842 
58,454 
76,200 
59,774 
Creditors: amounts falling due within one year
(18,868)
(20,855)
Net current assets
57,332 
38,919 
Total assets less current liabilities
57,665 
41,041 
Provisions for liabilities
Deferred tax
- 
(76)
Net assets
57,665 
40,965 
Capital and reserves
Called up share capital
5 
5 
Capital redemption reserve
(59)
(59)
Profit and loss account
57,719 
41,019 
Shareholders' funds
57,665 
40,965 
For the year ending 31 March 2024 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 9 April 2024 and were signed on its behalf by
Antony R Pickavance Director Company Registration No. 04433222
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DAQS Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
DAQS Limited is a private company, limited by shares, registered in England and Wales, registration number 04433222. The registered office is The Orchards, Oak Tree Court, Tollerton, Nottingham, Notts, NG12 4HJ, UK.
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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services to customers.
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 at the following rates:
Computer equipment
33% on reducing balance
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.
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DAQS Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
15,208 
Disposals
(9,870)
At 31 March 2024
5,338 
Depreciation
At 1 April 2023
13,086 
Charge for the year
1,789 
On disposals
(9,870)
At 31 March 2024
5,005 
Net book value
At 31 March 2024
333 
At 31 March 2023
2,122 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,056 
- 
Accrued income and prepayments
1,991 
1,320 
Other debtors
9,311 
- 
18,358 
1,320 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,545 
- 
Taxes and social security
10,242 
14,904 
Loans from directors
- 
1,766 
Accruals
5,081 
4,185 
18,868 
20,855 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Antony R Pickavance
Loan to Director
- 
9,311 
- 
9,311 
- 
9,311 
- 
9,311 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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