Company Registration No. 11995082 (England and Wales)
DATA YARNS RESEARCH LIMITED
Unaudited accounts
for the period from 1 June 2022 to 13 November 2023
DATA YARNS RESEARCH LIMITED
Unaudited accounts
Contents
DATA YARNS RESEARCH LIMITED
Company Information
for the period from 1 June 2022 to 13 November 2023
Director
Dr Evangelia Berdou
Company Number
11995082 (England and Wales)
Registered Office
1 West Hill Road
Brighton
East Sussex
BN1 3RT
England
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
DATA YARNS RESEARCH LIMITED
Accountants' report
Accountants' report to the director of DATA YARNS RESEARCH LIMITED on the preparation of the unaudited statutory accounts for the period from 1 June 2022 to 13 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DATA YARNS RESEARCH LIMITED for the period from
1 June 2022 to
13 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of DATA YARNS RESEARCH LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of DATA YARNS RESEARCH LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DATA YARNS RESEARCH LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DATA YARNS RESEARCH LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of DATA YARNS RESEARCH LIMITED. You consider that DATA YARNS RESEARCH LIMITED is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of DATA YARNS RESEARCH 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 accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
13 November 2023
DATA YARNS RESEARCH LIMITED
Statement of financial position
as at 13 November 2023
Cash at bank and in hand
13
969
Creditors: amounts falling due within one year
(8,311)
(5,033)
Net current liabilities
(7,363)
(219)
Called up share capital
100
100
Profit and loss account
(7,463)
(100)
Shareholders' funds
(7,363)
-
For the period ending 13 November 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board and authorised for issue on 30 June 2024 and were signed on its behalf by
Dr Evangelia Berdou
Director
Company Registration No. 11995082
DATA YARNS RESEARCH LIMITED
Notes to the Accounts
for the period from 1 June 2022 to 13 November 2023
DATA YARNS RESEARCH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11995082. The registered office is 1 West Hill Road, Brighton, East Sussex, BN1 3RT, England.
2
Compliance with accounting standards
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
50% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services 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.
At 13 November 2023, the Company ceased to actively trade and all properties were transferred to DGHP and the financial statements have been prepared using the break up basis. All assets and liabilities have been categorised as current.
DATA YARNS RESEARCH LIMITED
Notes to the Accounts
for the period from 1 June 2022 to 13 November 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
-
175
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
5,033
Loans from directors
8,311
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
8
Average number of employees
During the period the average number of employees was 1 (2022: 1).