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REGISTERED NUMBER: 06656900 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Datasharp Central Limited

Datasharp Central Limited (Registered number: 06656900)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountant's Report 7

Datasharp Central Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: J W Cotter
S Cotter





SECRETARY: Mrs E L Cotter





REGISTERED OFFICE: Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN





REGISTERED NUMBER: 06656900 (England and Wales)





ACCOUNTANT: Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN

Datasharp Central Limited (Registered number: 06656900)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £'000 £'000 £'000 £'000
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 33 44
33 44

CURRENT ASSETS
Debtors 6 60 125
Cash at bank 234 191
294 316
CREDITORS
Amounts falling due within one year 7 97 35
NET CURRENT ASSETS 197 281
TOTAL ASSETS LESS CURRENT
LIABILITIES

230

325

CAPITAL AND RESERVES
Called up share capital - -
Retained earnings 230 325
SHAREHOLDERS' FUNDS 230 325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Datasharp Central Limited (Registered number: 06656900)

Statement of Financial Position - continued
31 July 2024


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

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 11 November 2024 and were signed on its behalf by:





J W Cotter - Director


Datasharp Central Limited (Registered number: 06656900)

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

1. STATUTORY INFORMATION

Datasharp Central 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.

Turnover
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Other tangible assets - 10% to 25% straight line

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 statement of financial position date.


Datasharp Central Limited (Registered number: 06656900)

Notes to the Financial Statements - continued
for the Year Ended 31 July 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 statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Turnover
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£'000
COST
At 1 August 2023
and 31 July 2024 19
AMORTISATION
At 1 August 2023
and 31 July 2024 19
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

Datasharp Central Limited (Registered number: 06656900)

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

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£'000 £'000 £'000
COST
At 1 August 2023
and 31 July 2024 38 13 51
DEPRECIATION
At 1 August 2023 6 1 7
Charge for year 8 3 11
At 31 July 2024 14 4 18
NET BOOK VALUE
At 31 July 2024 24 9 33
At 31 July 2023 32 12 44

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£'000 £'000
Trade debtors 56 25
Other debtors 4 100
60 125

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£'000 £'000
Trade creditors 19 22
Tax - 5
VAT 11 3
Other creditors 4 4
Directors' loan accounts 62 -
Accruals and deferred income 1 1
97 35

Chartered Accountant's Report to the Board of Directors
on the Unaudited Financial Statements of
Datasharp Central Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Datasharp Central Limited for the year ended 31 July 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Datasharp Central Limited, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Datasharp Central Limited and state those matters that I have agreed to state to the Board of Directors of Datasharp Central Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Datasharp Central Limited and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Datasharp Central 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 Datasharp Central Limited. You consider that Datasharp Central Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Datasharp Central Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN


11 November 2024