Registered number
SC769239
DataPrivacyRules Ltd
Filleted Accounts
31 May 2024
DataPrivacyRules Ltd
Registered number: SC769239
Balance Sheet
as at 31 May 2024
Notes 2024
£
Fixed assets
Tangible assets 3 822
Current assets
Cash at bank and in hand 153
Creditors: amounts falling due within one year 4 (3,222)
Net current (liabilities)/assets (3,069)
Net (liabilities)/assets (2,247)
Capital and reserves
Called up share capital 1
Profit and loss account (2,248)
Shareholder's funds (2,247)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K West
Director
Approved by the board on 19 July 2024
DataPrivacyRules Ltd
Notes to the Accounts
for the period from 12 May 2023 to 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services and is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on at the following annual rates on all tangible fixed assets, other than freehold land, as follows:
Plant and machinery 15% on a Reducing Balance basis
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current periods.
2 Employees 2024
Number
Average number of persons employed by the company 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 1,096
At 31 May 2024 1,096
Depreciation
Charge for the period 274
At 31 May 2024 274
Net book value
At 31 May 2024 822
4 Creditors: amounts falling due within one year 2024
£
Other creditors 3,222
5 Other information
DataPrivacyRules Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
5 South Charlotte Street
Edinburgh
EH2 4AN
DataPrivacyRules Ltd SC769239 false 2023-05-12 2024-05-31 2024-05-31 VT Final Accounts April 2024 K West No description of principal activity SC769239 2023-05-12 2024-05-31 SC769239 bus:PrivateLimitedCompanyLtd 2023-05-12 2024-05-31 SC769239 bus:AuditExemptWithAccountantsReport 2023-05-12 2024-05-31 SC769239 bus:Director40 2023-05-12 2024-05-31 SC769239 2 2023-05-12 2024-05-31 SC769239 countries:England 2023-05-12 2024-05-31 SC769239 bus:FRS102 2023-05-12 2024-05-31 SC769239 bus:FilletedAccounts 2023-05-12 2024-05-31 SC769239 2024-05-31 SC769239 core:WithinOneYear 2024-05-31 SC769239 core:ShareCapital 2024-05-31 SC769239 core:RetainedEarningsAccumulatedLosses 2024-05-31 SC769239 2023-05-11 iso4217:GBP xbrli:pure