IRIS Accounts Production v23.4.0.336 03707294 director 1.5.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037072942022-04-30037072942023-09-30037072942022-05-012023-09-30037072942021-04-30037072942021-05-012022-04-30037072942022-04-3003707294ns15:EnglandWales2022-05-012023-09-3003707294ns14:PoundSterling2022-05-012023-09-3003707294ns10:Director12022-05-012023-09-3003707294ns10:PrivateLimitedCompanyLtd2022-05-012023-09-3003707294ns10:SmallEntities2022-05-012023-09-3003707294ns10:AuditExempt-NoAccountantsReport2022-05-012023-09-3003707294ns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-09-3003707294ns10:SmallCompaniesRegimeForAccounts2022-05-012023-09-3003707294ns10:FullAccounts2022-05-012023-09-3003707294ns10:RegisteredOffice2022-05-012023-09-3003707294ns5:CurrentFinancialInstruments2023-09-3003707294ns5:CurrentFinancialInstruments2022-04-3003707294ns5:ShareCapital2023-09-3003707294ns5:ShareCapital2022-04-3003707294ns5:RetainedEarningsAccumulatedLosses2023-09-3003707294ns5:RetainedEarningsAccumulatedLosses2022-04-3003707294ns5:FurnitureFittings2022-05-012023-09-3003707294ns5:ComputerEquipment2022-05-012023-09-3003707294ns5:FurnitureFittings2022-04-3003707294ns5:ComputerEquipment2022-04-3003707294ns5:FurnitureFittings2023-09-3003707294ns5:ComputerEquipment2023-09-3003707294ns5:FurnitureFittings2022-04-3003707294ns5:ComputerEquipment2022-04-3003707294ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3003707294ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-30
REGISTERED NUMBER: 03707294 (England and Wales)















Unaudited Financial Statements

for the Period 1st May 2022 to 30th September 2023

for

Serial Data Systems Limited

Serial Data Systems Limited (Registered number: 03707294)

Contents of the Financial Statements
for the Period 1st May 2022 to 30th September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Serial Data Systems Limited

Company Information
for the Period 1st May 2022 to 30th September 2023







DIRECTOR: I Mitchell





REGISTERED OFFICE: Office F1, Beverley Enterprise Centre
Beck View Road
Beverley
East Yorkshire
HU17 0JT





REGISTERED NUMBER: 03707294 (England and Wales)





ACCOUNTANTS: Dymond Accountants
Office F1,
Beverley Enterprise Centre
Beck View Road
Beverley
East Yorkshire
HU17 0JT

Serial Data Systems Limited (Registered number: 03707294)

Balance Sheet
30th September 2023

30.9.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 982 1,155

CURRENT ASSETS
Debtors 5 144 679
Cash at bank 280 3,811
424 4,490
CREDITORS
Amounts falling due within one year 6 9,820 8,742
NET CURRENT LIABILITIES (9,396 ) (4,252 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,414 ) (3,097 )

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings (8,417 ) (3,100 )
(8,414 ) (3,097 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 6th March 2024 and were signed by:





I Mitchell - Director


Serial Data Systems Limited (Registered number: 03707294)

Notes to the Financial Statements
for the Period 1st May 2022 to 30th September 2023


1. STATUTORY INFORMATION

Serial Data Systems 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.

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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

Serial Data Systems Limited (Registered number: 03707294)

Notes to the Financial Statements - continued
for the Period 1st May 2022 to 30th September 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st May 2022
and 30th September 2023 4,737 6,985 11,722
DEPRECIATION
At 1st May 2022 3,588 6,979 10,567
Charge for period 173 - 173
At 30th September 2023 3,761 6,979 10,740
NET BOOK VALUE
At 30th September 2023 976 6 982
At 30th April 2022 1,149 6 1,155

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.4.22
£    £   
Trade debtors - 100
Other debtors 144 579
144 679

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.4.22
£    £   
Other creditors 9,820 8,742