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Company Registration No. 12449300 (England and Wales)
Data Leaders Ltd Unaudited accounts for the year ended 31 December 2023
Data Leaders Ltd Unaudited accounts Contents
Page
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Data Leaders Ltd Company Information for the year ended 31 December 2023
Directors
Richard Pope Louise Clement Pascal Clement
Company Number
12449300 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR ENGLAND
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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Data Leaders Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
316,063 
198,650 
Tangible assets
670 
2,987 
316,733 
201,637 
Current assets
Debtors
149,113 
204,415 
Cash at bank and in hand
40,491 
161,145 
189,604 
365,560 
Creditors: amounts falling due within one year
(364,495)
(433,667)
Net current liabilities
(174,891)
(68,107)
Total assets less current liabilities
141,842 
133,530 
Creditors: amounts falling due after more than one year
(320,408)
(320,408)
Provisions for liabilities
Deferred tax
(127)
(567)
Net liabilities
(178,693)
(187,445)
Capital and reserves
Called up share capital
1,095 
1,095 
Share premium
499,885 
499,885 
Profit and loss account
(679,673)
(688,425)
Shareholders' funds
(178,693)
(187,445)
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. 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.
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 of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by
Richard Pope Director Company Registration No. 12449300
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Data Leaders Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Data Leaders Ltd is a private company, limited by shares, registered in England and Wales, registration number 12449300. The registered office is 7 Bell Yard, London, WC2A 2JR, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Presentation currency
The accounts are presented in sterling.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Turnover
Turnover is recognised to the extent that economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured at the fair value of the consideration received or receivable net of discounts and VAT. Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: the amount of turnover can be measured reliably; it is probable that the company will receive the consideration due under the contract and the stage of completion of the contract at the end of the reporting period can be measured reliably. As the Company invoices in advance of the service being provided, this has resulted in deferred income at the balance sheet date.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Purchased goodwill and patents are amortised over 10 years on a straight line basis. It is company policy to capitalise development costs provided they meet the recognition of an intangible asset under FRS102. Development costs, relating to content creation and web development costs, which met the criteria under FRS102 were capitalised at the end of the year and amortised over their 4 year expected life.
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
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Data Leaders Ltd Notes to the Accounts for the year ended 31 December 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2023
60,000 
166,108 
226,108 
Additions
- 
164,941 
164,941 
At 31 December 2023
60,000 
331,049 
391,049 
Amortisation
At 1 January 2023
18,000 
9,458 
27,458 
Charge for the year
5,532 
41,996 
47,528 
At 31 December 2023
23,532 
51,454 
74,986 
Net book value
At 31 December 2023
36,468 
279,595 
316,063 
At 31 December 2022
42,000 
156,650 
198,650 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
8,203 
Additions
789 
Disposals
(1,422)
At 31 December 2023
7,570 
Depreciation
At 1 January 2023
5,216 
Charge for the year
2,453 
On disposals
(769)
At 31 December 2023
6,900 
Net book value
At 31 December 2023
670 
At 31 December 2022
2,987 
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Data Leaders Ltd Notes to the Accounts for the year ended 31 December 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,955 
- 
Trade debtors
101,885 
177,351 
Accrued income and prepayments
43,273 
16,904 
Other debtors
- 
10,160 
149,113 
204,415 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
4,976 
Trade creditors
14,319 
2,315 
Taxes and social security
10,925 
32,864 
Other creditors
2,345 
2,201 
Accruals
5,775 
40,107 
Deferred income
331,131 
351,204 
364,495 
433,667 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
320,408 
320,408 
From 2021, director's loans are considered repayable within 2 to 5 years.
9
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
127 
567 
2023 
2022 
£ 
£ 
Provision at start of year
567 
593 
Credited to the profit and loss account
(440)
(26)
Provision at end of year
127 
567 
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10,950 Ordinary shares of £0.10 each
1,095 
1,095 
11
Average number of employees
During the year the average number of employees was 8 (2022: 11).
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