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REGISTERED NUMBER: 06899831 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

Datel Advansys Limited

Datel Advansys Limited (Registered number: 06899831)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Datel Advansys Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr A G Pilkington
Mr P Rathbone
Mr A K Simpson
Mrs V Worsley





REGISTERED OFFICE: Cinnamon Park
Warrington
Cheshire
WA2 0XP





REGISTERED NUMBER: 06899831 (England and Wales)





AUDITORS: Ashworth Treasure Limited
Statutory Auditors
17-19 Park Street
Lytham
Lancashire
FY8 5LU

Datel Advansys Limited (Registered number: 06899831)

Abridged Balance Sheet
31 May 2024

2024 2023
Notes £'000 £'000 £'000 £'000
FIXED ASSETS
Tangible assets 4 495 674

CURRENT ASSETS
Stocks 3 3
Debtors 775 1,485
Cash at bank 1,475 834
2,253 2,322
CREDITORS
Amounts falling due within one year 2,220 1,696
NET CURRENT ASSETS 33 626
TOTAL ASSETS LESS CURRENT
LIABILITIES

528

1,300

CREDITORS
Amounts falling due after more than one
year

(200

)

-

PROVISIONS FOR LIABILITIES - (68 )
NET ASSETS 328 1,232

CAPITAL AND RESERVES
Called up share capital - -
Retained earnings 328 1,232
SHAREHOLDERS' FUNDS 328 1,232

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by:





Mr A K Simpson - Director


Datel Advansys Limited (Registered number: 06899831)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Datel Advansys Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

They are presented in pounds sterling and rounded to the nearest £   .

Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Deferred income and contract costs
Deferred income arises from the allocation of invoiced amounts over the period to which they relate and represents a future obligation to deliver a service.

Deferred contract costs represent payments made in advance of services to be received in the future. The benefit is recognised when consumed, aligning the expense to the generation of revenue.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33% on cost and 20% on cost

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recoginsed at the transaction price, unless the arrangement constitutes a financing transaction, where it is recoginsed at the present value of future payments discounted at market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Datel Advansys Limited (Registered number: 06899831)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Totals
£'000
COST
At 1 June 2023 1,411
Additions 47
Disposals (472 )
At 31 May 2024 986
DEPRECIATION
At 1 June 2023 737
Charge for year 226
Eliminated on disposal (472 )
At 31 May 2024 491
NET BOOK VALUE
At 31 May 2024 495
At 31 May 2023 674

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Victoria Reynolds (Senior Statutory Auditor)
for and on behalf of Ashworth Treasure Limited

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

7. ULTIMATE PARENT COMPANY

Datel Group PLC is regarded by the directors as being the company's ultimate parent company.