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REGISTERED NUMBER: 06562393 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Data Consulting Services Limited

Data Consulting Services Limited (Registered number: 06562393)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Data Consulting Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S Grinnell





REGISTERED OFFICE: 1a Manor Business Park
Grants Hill Way
Woodford Halse
Daventry
Northamptonshire
NN11 3UB





REGISTERED NUMBER: 06562393 (England and Wales)

Data Consulting Services Limited (Registered number: 06562393)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,793 37,353

CURRENT ASSETS
Stocks 5 175,321 337,414
Debtors 6 826,172 540,796
Cash at bank 79,253 138,930
1,080,746 1,017,140
CREDITORS
Amounts falling due within one year 7 466,329 447,724
NET CURRENT ASSETS 614,417 569,416
TOTAL ASSETS LESS CURRENT
LIABILITIES

644,210

606,769

PROVISIONS FOR LIABILITIES 7,448 7,097
NET ASSETS 636,762 599,672

CAPITAL AND RESERVES
Called up share capital 55 55
Retained earnings 636,707 599,617
SHAREHOLDERS' FUNDS 636,762 599,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Data Consulting Services Limited (Registered number: 06562393)

Statement of Financial Position - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





S Grinnell - Director


Data Consulting Services Limited (Registered number: 06562393)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Data Consulting Services 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year 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 statement of financial position date.

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.

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.

Data Consulting Services Limited (Registered number: 06562393)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 15,957 37,054 8,093 61,104
Additions 1,333 - 2,117 3,450
At 31 December 2023 17,290 37,054 10,210 64,554
DEPRECIATION
At 1 January 2023 8,923 9,263 5,565 23,751
Charge for year 2,092 6,948 1,970 11,010
At 31 December 2023 11,015 16,211 7,535 34,761
NET BOOK VALUE
At 31 December 2023 6,275 20,843 2,675 29,793
At 31 December 2022 7,034 27,791 2,528 37,353

5. STOCKS
2023 2022
£    £   
Stocks 46,482 229,700
Work-in-progress 128,839 107,714
175,321 337,414

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 338,309 240,320
Other debtors 320,589 300,000
Accrued income 166,964 -
Prepayments 310 476
826,172 540,796

Data Consulting Services Limited (Registered number: 06562393)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 188,561 252,809
Tax 127,493 103,253
Social security and other taxes 30,386 27,807
VAT 95,126 50,016
Pension creditor 3,879 3,039
Accruals and deferred income 20,884 8,672
Accrued expenses - 2,128
466,329 447,724

8. RELATED PARTY DISCLOSURES

During the year the company provided materials and services to Subsidium Managed Solutions Ltd totalling £33,219 (2022: £34,498) and charged a management charge of £9,500 (2022: £5,600). As at the year end £nil remained outstanding and is included within trade debtors.

During the year the company provided services to DCS Technology Ltd totalling £1,107 (2022: £7,926) and charged a management charge of £4,800 (2022: £5,000). As at the year end £480 remained outstanding and is included within trade debtors.

During the year the company provided services to DCS Digital Ltd totalling £7,275 (2022: £7,420) and a management charge of £34,700 (2022: 32,600). As at the year end £480 remained outstanding and is included within trade debtors.

During the year the company received services from Subsidium Managed Solutions Ltd totalling £156,635 (2022: £188,931). As at the year end £34,975 remained outstanding and is included within trade creditors.

During the year the company received services from DCS Technology Ltd totalling £33,958 (2022: £31,400). As at the year end £4,258 remained outstanding and is included within trade creditors.

During the year the company received services from DCS Digital Ltd totalling £4,267 (2021: £3,240). As at the year end £1,960 remained outstanding and is included within trade creditors.

During the year the company paid rent to Subsidium Managed Solutions Ltd totalling £14,400 (2022: £14,400) and a management charge totalling £99,500 (2022: £99,000)

The company provided loans to DCS Technology Ltd and Subsidium Managed Solutions BV. As at the year end the amounts outstanding were:

DCS Technology Ltd: £300,000 (2022: £300,000)
Subsidium Managed Solutions BV: £20,589 (2022: £nil)

These loans were provided interest free and are disclosed within debtors due within one year.

The above companies are under the control of director S Grinnell.

9. ULTIMATE CONTROLLING PARTY

The controlling party is S Grinnell.