Registered number
10476714
Datamatiq Ltd
Report and Accounts
30 November 2023
Datamatiq Ltd
Report to the director on the preparation of the unaudited statutory accounts of Datamatiq Ltd for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Datamatiq Ltd for the year ended 30 November 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Ltd
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
8 February 2024
Datamatiq Ltd
Registered number: 10476714
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,104 1,676
Current assets
Debtors 4 21,390 13,230
Cash at bank and in hand 70,028 56,113
91,418 69,343
Creditors: amounts falling due within one year 5 (34,520) (21,046)
Net current assets 56,898 48,297
Net assets 58,002 49,973
Capital and reserves
Called up share capital 1 1
Profit and loss account 58,001 49,972
Shareholder's funds 58,002 49,973
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Morris
Director
Approved by the board on 8 February 2024
Datamatiq Ltd
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% straight line
Work in progress
Work in progress is valued at the lower of cost and net realisable value. Net realisable value is based on the stage of completion less anticipated costs to completion and selling costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022 5,624
Additions 443
At 30 November 2023 6,067
Depreciation
At 1 December 2022 3,948
Charge for the year 1,015
At 30 November 2023 4,963
Net book value
At 30 November 2023 1,104
At 30 November 2022 1,676
4 Debtors 2023 2022
£ £
Trade debtors 21,390 13,230
5 Creditors: amounts falling due within one year 2023 2022
£ £
Corporation tax 25,031 15,147
Other taxes and social security costs 6,669 3,390
Other creditors 2,820 2,509
34,520 21,046
6 Other information
Datamatiq Ltd is a private company limited by shares and incorporated in England. Its registered office is:
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
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