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REGISTERED NUMBER: 10226230 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

DATATRONIX (UK) LTD

DATATRONIX (UK) LTD (REGISTERED NUMBER: 10226230)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


DATATRONIX (UK) LTD (REGISTERED NUMBER: 10226230)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,962 4,952

CURRENT ASSETS
Stocks 5 145,405 152,015
Debtors 6 163,867 168,468
Cash at bank and in hand 351 1,097
309,623 321,580
CREDITORS
Amounts falling due within one year 7 242,328 212,068
NET CURRENT ASSETS 67,295 109,512
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,257

114,464

PROVISIONS FOR LIABILITIES 79 99
NET ASSETS 71,178 114,365

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 71,078 114,265
SHAREHOLDERS' FUNDS 71,178 114,365

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 June 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.

DATATRONIX (UK) LTD (REGISTERED NUMBER: 10226230)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 March 2024 and were signed by:





R Vrahimis - Director


DATATRONIX (UK) LTD (REGISTERED NUMBER: 10226230)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Datatronix (UK) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10226230

Registered office: 368 Forest Road
London
E17 5JF

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - Straight line over 10 years
Fixtures and fittings - 20% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


DATATRONIX (UK) LTD (REGISTERED NUMBER: 10226230)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
The financial statements have been prepared on the going concern basis which the Director believes
to be appropriate. The company continues with the support of its director and shareholders.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 8,854 1,595 10,449
DEPRECIATION
At 1 July 2022 4,425 1,072 5,497
Charge for year 885 105 990
At 30 June 2023 5,310 1,177 6,487
NET BOOK VALUE
At 30 June 2023 3,544 418 3,962
At 30 June 2022 4,429 523 4,952

5. STOCKS
2023 2022
£    £   
Stocks 145,405 152,015

DATATRONIX (UK) LTD (REGISTERED NUMBER: 10226230)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 61,669 68,433
Amounts owed by group undertakings 98,896 95,406
Other debtors 3,302 4,629
163,867 168,468

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 239,128 191,830
Taxation and social security - 16,238
Other creditors 3,200 4,000
242,328 212,068

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

The ultimate parent of Datatronix (UK) Ltd is Datatronix Holding Limited, a company incorporated in Cyprus. Mr R Vrahimis is a director and majority shareholder of Datatronix Holding Limited.

The registered office of Datatronix Holding Limited is 31 Christodoulou Sozou Street, Ermes Building, Office 401, Nicosia, CY-1096, Cyprus.