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No description of principal activity
2023-01-01
Sage Accounts Production Advanced 2023 - FRS102_2023
xbrli:pure
xbrli:shares
iso4217:GBP
03461235
2023-01-01
2023-12-31
03461235
2023-12-31
03461235
2022-12-31
03461235
2022-01-01
2022-12-31
03461235
2022-12-31
03461235
2021-12-31
03461235
core:PlantMachinery
2023-01-01
2023-12-31
03461235
core:FurnitureFittings
2023-01-01
2023-12-31
03461235
bus:RegisteredOffice
2023-01-01
2023-12-31
03461235
bus:LeadAgentIfApplicable
2023-01-01
2023-12-31
03461235
bus:Director1
2023-01-01
2023-12-31
03461235
bus:Director3
2023-01-01
2023-12-31
03461235
bus:Director4
2023-01-01
2023-12-31
03461235
core:PlantMachinery
2022-12-31
03461235
core:FurnitureFittings
2022-12-31
03461235
core:PlantMachinery
2023-12-31
03461235
core:FurnitureFittings
2023-12-31
03461235
core:WithinOneYear
2023-12-31
03461235
core:WithinOneYear
2022-12-31
03461235
core:ShareCapital
2023-12-31
03461235
core:ShareCapital
2022-12-31
03461235
core:RetainedEarningsAccumulatedLosses
2023-12-31
03461235
core:RetainedEarningsAccumulatedLosses
2022-12-31
03461235
core:FurnitureFittings
2022-12-31
03461235
bus:SmallEntities
2023-01-01
2023-12-31
03461235
bus:AuditExemptWithAccountantsReport
2023-01-01
2023-12-31
03461235
bus:SmallCompaniesRegimeForAccounts
2023-01-01
2023-12-31
03461235
bus:PrivateLimitedCompanyLtd
2023-01-01
2023-12-31
03461235
bus:FullAccounts
2023-01-01
2023-12-31
03461235
core:OfficeEquipment
2023-01-01
2023-12-31
03461235
core:OfficeEquipment
2023-12-31
03461235
core:OfficeEquipment
2022-12-31
COMPANY REGISTRATION NUMBER:
03461235
Filleted Unaudited Financial Statements |
|
Year ended 31 December 2023
Officers and professional advisers |
1 |
|
|
Accountants report to the board of directors on the preparation of the unaudited statutory financial statements |
2 |
|
|
Statement of financial position |
3 |
|
|
Notes to the financial statements |
5 |
|
|
Officers and Professional Advisers |
|
The board of directors |
Mr N Bell |
|
Mr M Adams |
|
Mr R Barnacle |
|
|
Registered office |
10 Canberra House |
|
Corbygate Business Park |
|
Corby |
|
Northamptonshire |
|
NN17 5JG |
|
|
Accountants |
A Plus Accountants Limited |
|
Accountants |
|
10 Canberra House |
|
Corbygate Business Park |
|
Corby |
|
Northants |
|
NN17 5JG |
|
|
Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
Dataonline (UK) Limited |
|
Year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dataonline (UK) Limited for the year ended 31 December 2023, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Dataonline (UK) Limited, as a body, in accordance with the terms of our engagement letter dated 13 July 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Dataonline (UK) Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dataonline (UK) Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Dataonline (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Dataonline (UK) Limited. You consider that Dataonline (UK) Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Dataonline (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
A Plus Accountants Limited
Accountants
10 Canberra House
Corbygate Business Park
Corby
Northants
NN17 5JG
5 June 2024
Statement of Financial Position |
|
31 December 2023
Fixed assets
Tangible assets |
5 |
|
265 |
437 |
|
|
|
|
|
Current assets
Debtors |
6 |
131,889 |
|
153,330 |
Cash at bank and in hand |
10,338 |
|
10,257 |
|
--------- |
|
--------- |
|
142,227 |
|
163,587 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
1,452 |
|
21,763 |
|
--------- |
|
--------- |
Net current assets |
|
140,775 |
141,824 |
|
|
--------- |
--------- |
Total assets less current liabilities |
|
141,040 |
142,261 |
|
|
--------- |
--------- |
Net assets |
|
141,040 |
142,261 |
|
|
--------- |
--------- |
|
|
|
|
|
Capital and reserves
Called up share capital |
|
100 |
100 |
Profit and loss account |
|
140,940 |
142,161 |
|
|
--------- |
--------- |
Shareholders funds |
|
141,040 |
142,261 |
|
|
--------- |
--------- |
|
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question 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 financial statements
.
Statement of Financial Position (continued) |
|
31 December 2023
These financial statements were approved by the
board of directors
and authorised for issue on
5 June 2024
, and are signed on behalf of the board by:
Company registration number:
03461235
Notes to the Financial Statements |
|
Year ended 31 December 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Canberra House, Corbygate Business Park, Corby, Northamptonshire, NN17 5JG.
2.
Statement of compliance
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A small entities. There were no material departures from that standard.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Plant and Machinery |
- |
20% reducing balance |
|
FF & Equipment |
- |
20% reducing balance |
|
Computer Equipment |
- |
50% reducing balance |
|
|
|
|
Financial instruments
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2022:
3
).
5.
Tangible assets
|
Plant and machinery |
Fixtures and fittings |
Equipment |
Total |
|
£ |
£ |
£ |
£ |
Cost |
|
|
|
|
At 1 January 2023 and 31 December 2023 |
882 |
3,120 |
14,021 |
18,023 |
|
---- |
------- |
-------- |
-------- |
Depreciation |
|
|
|
|
At 1 January 2023 |
882 |
2,965 |
13,739 |
17,586 |
Charge for the year |
– |
31 |
141 |
172 |
|
---- |
------- |
-------- |
-------- |
At 31 December 2023 |
882 |
2,996 |
13,880 |
17,758 |
|
---- |
------- |
-------- |
-------- |
Carrying amount |
|
|
|
|
At 31 December 2023 |
– |
124 |
141 |
265 |
|
---- |
------- |
-------- |
-------- |
At 31 December 2022 |
– |
155 |
282 |
437 |
|
---- |
------- |
-------- |
-------- |
|
|
|
|
|
6.
Debtors
|
2023 |
2022 |
|
£ |
£ |
Trade debtors |
– |
3 |
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
131,385 |
136,685 |
Other debtors |
504 |
16,642 |
|
--------- |
--------- |
|
131,889 |
153,330 |
|
--------- |
--------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2023 |
2022 |
|
£ |
£ |
Trade creditors |
– |
1,899 |
Corporation tax |
– |
3,175 |
Social security and other taxes |
– |
457 |
Other creditors |
1,452 |
16,232 |
|
------- |
-------- |
|
1,452 |
21,763 |
|
------- |
-------- |
|
|
|
8.
Ultimate controlling party and related party transactions
The immediate parent and ultimate controlling party of DataOnline (UK) Limited is DataOnline LLC, a company based in the United States. The company has availed itself of the exemption contained within FRS 102 Section 33 Related Party Disclosures not to disclose details of transactions with fellow group entities.