UNLOCKED DATA LTD

Company Registration Number:
12097397 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

UNLOCKED DATA LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

UNLOCKED DATA LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 505 0
Fixed assets
Tangible assets: 3 2,838 1,316
Total fixed assets: 2,838 1,316
Current assets
Debtors: 4 58,287 19,343
Cash at bank and in hand: 35,862 33,234
Total current assets: 94,149 52,577
Creditors: amounts falling due within one year: 5 (55,062) (66,121)
Net current assets (liabilities): 39,087 (13,544)
Total assets less current liabilities: 42,430 (12,228)
Provision for liabilities: (7,000)
Total net assets (liabilities): 35,430 (12,228)
Capital and reserves
Called up share capital: 1,505 1,000
Profit and loss account: 33,925 (13,228)
Shareholders funds: 35,430 (12,228)

The notes form part of these financial statements

UNLOCKED DATA LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 April 2024
and signed on behalf of the board by:

Name: Daniel Raine
Status: Director

The notes form part of these financial statements

UNLOCKED DATA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue starts to be recognised once a contract has been signed and implementation has begun. The first-year annual contract value is recognised evenly across the year. Revenue is measured as the annual contract value, excluding value-added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost minus accumulated depreciation. Using the straight-line method, depreciation is charged to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis: Office equipment - 33% straight-line.

Other accounting policies

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity.Once the contributions have been paid, the company has no further payment obligations. The contributions are recognised as expenses in the Statement of Comprehensive Income when they fall due. Current liabilities in the Statement of Financial Position show unpaid amounts. The plan assets are held separately from the company in independently administered funds.

UNLOCKED DATA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 8 6

UNLOCKED DATA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 2,386
Additions 2,872
At 31 March 2024 5,258
Depreciation
At 01 April 2023 1,070
Charge for year 1,350
At 31 March 2024 2,420
Net book value
At 31 March 2024 2,838
At 31 March 2023 1,316

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Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

UNLOCKED DATA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

VAT & employee taxes is £35,940. The remainder is income in advance, accruals and pension contributions.