2022-11-01 2023-10-31 02376655 DATAPLEX DEVELOPMENTS LIMITED false 02376655 2022-11-01 2023-10-31 02376655 uk-bus:Director1 2022-11-01 2023-10-31 02376655 uk-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 02376655 uk-bus:SmallEntities 2022-11-01 2023-10-31 02376655 uk-bus:FullAccounts 2022-11-01 2023-10-31 02376655 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 02376655 2022-11-01 02376655 2023-10-31 02376655 2022-10-31 xbrli:pure iso4217:GBP 02376655 2021-11-01 2022-10-31
Company Registration Number : 02376655 (England and Wales)
02376655
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-10-31
false
DATAPLEX DEVELOPMENTS LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-11-01
DATAPLEX DEVELOPMENTS LIMITED
Unaudited Financial Statements
For the year ended 31 October 2023
DATAPLEX DEVELOPMENTS LIMITED
Contents
For the year ended 31 October 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


DATAPLEX DEVELOPMENTS LIMITED
Company Information
For the year ended 31 October 2023

Company registration number 02376655 (England and Wales)
Directors Kashmira Singh Dhesi
Rama Dhesi
Company secretary Rama Dhesi
Registered office address Beggars Roost
Stanwell Road
Horton
Berkshire
SL3 9PE
Accountant DNS Associates
Chartered Institute of Management Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
DATAPLEX DEVELOPMENTS LIMITED
Statement of Financial Position
For the year ended 31 October 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 1,771 2,338
Investment Property 7,644,736 7,619,136
6 7,646,507 7,621,474
Current assets
Debtors 852,044 1,816,021
Debtors: Amounts falling due after more than one year - -
Cash and cash equivalents 318,902 32,643
1,170,946 1,848,664
Current liabilities
Creditors: Amounts falling due within one year (1,037,309) (1,011,443)
Corporation tax payable (10,271) (18,218)
(1,047,580) (1,029,662)
Net current assets/(liabilities) 123,367 819,002
Total assets less current liabilities 7,769,874 8,440,477
Non-current liabilities
Creditors: Amounts falling due after more than one year (3,543,092) (4,192,825)
Provision for liabilities (367,995) (367,995)
Net assets/(liabilities) 3,858,787 3,879,657
Capital and reserves
Called up share capital 1,508,397 1,508,397
Retained earnings 2,350,390 2,371,260
Shareholders' funds 3,858,787 3,879,657
For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 October 2023 the company was entitled to exemption from audit 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 July 2024
.............................
Kashmira Singh Dhesi (Director)
Company registration number: 02376655
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-10-31 31 October 2023
2023 2022
£ £
Fixed Assets 7,646,507 7,621,474
Current Assets 1,168,005 1,845,579
Prepayments and accrued income 2,941 3,085
Creditors: amounts falling due within one year (1,047,580) (1,029,662)
Net current assets (liabilities) 123,367 819,002
Total assets less current liabilities 7,769,874 8,440,476
CREDITORS: Amounts falling due more than one year (3,543,092) (4,192,825)
Provisions for liabilities (367,995) (367,995)
Net Assets (liabilities) 3,858,787 3,879,657
Capital and Reserves 3,858,787 3,879,657
For the year ending 31/10/2023 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. For the year ending 31-10-2023 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 30 July 2024 2024-07-30 and signed on behalf of the board,
.............................
Kashmira Singh Dhesi
Director
Company registration number: 02376655
DATAPLEX DEVELOPMENTS LIMITED
Notes to the Financial Statements
For the year ended 31 October 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Beggars Roost, Stanwell Road, Horton, Berkshire, SL3 9PE.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings15% reducing balance
Equipment15% reducing balance
Motor Cars25% reducing balance
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of come and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 4 (2022 : 4).

(5) Related party transactions
At the year-­end, the company owed the directors £1,010,394 (2022: £985,705).
At the year­-end, £173,097 (2022: £198,097) was due from Consort House (Fleet) Limited, a related company, which bears interest at commercial rates.
At the year­-end, £18,862 (2022: £18,862) was due from 72 Loftus Road Limited, a related company.
At the year­end, £655,256 (2022: £501,256) was due from Citadel.

(6) Fixed assets
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 November 202218,4377,619,1367,637,573
Additions-25,60025,600
As at 31 October 202318,4377,644,7367,663,173
Depreciation/Amortisation
As at 01 November 202216,099-16,099
For the year567-567
As at 31 October 202316,666-16,666
Net book value
As at 31 October 20231,7717,644,7367,646,507
As at 31 October 20222,3387,619,1367,621,474