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REGISTERED NUMBER: 06442158 (England and Wales)















Unaudited Financial Statements

for the Period 1 November 2023 to 30 April 2024

for

Connell Data Ltd

Connell Data Ltd (Registered number: 06442158)






Contents of the Financial Statements
for the Period 1 November 2023 to 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Connell Data Ltd

Company Information
for the Period 1 November 2023 to 30 April 2024







DIRECTOR: Mr B F Sims





REGISTERED OFFICE: C/O Wilson Partners Limited
Tor
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN





REGISTERED NUMBER: 06442158 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Connell Data Ltd (Registered number: 06442158)

Balance Sheet
30 April 2024

30.4.24 31.10.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 410 752

CURRENT ASSETS
Debtors 5 148,433 115,120
Cash at bank 118,256 295,611
266,689 410,731
CREDITORS
Amounts falling due within one year 6 (160,278 ) (74,430 )
NET CURRENT ASSETS 106,411 336,301
TOTAL ASSETS LESS CURRENT LIABILITIES 106,821 337,053

PROVISIONS FOR LIABILITIES (103 ) (188 )
NET ASSETS 106,718 336,865

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 106,716 336,863
106,718 336,865

Connell Data Ltd (Registered number: 06442158)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 24 January 2025 and were signed by:





Mr B F Sims - Director


Connell Data Ltd (Registered number: 06442158)

Notes to the Financial Statements
for the Period 1 November 2023 to 30 April 2024

1. STATUTORY INFORMATION

Connell Data Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover
Turnover is measured at the fair value of the consideration receivable, net of discounts and value added tax. turnover represents revenue from the delivery of data management, analysis and development services.

Turnover is recognised in the month the services are performed.

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

Tangible fixed assets are included at cost less depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Taxation
Taxation for the period 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.


Connell Data Ltd (Registered number: 06442158)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 30 April 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 period 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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 period was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 30 April 2024 1,038
DEPRECIATION
At 1 November 2023 286
Charge for period 342
At 30 April 2024 628
NET BOOK VALUE
At 30 April 2024 410
At 31 October 2023 752

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 31.10.23
£    £   
Trade debtors 145,645 107,780
Other debtors 2,788 7,340
148,433 115,120

Connell Data Ltd (Registered number: 06442158)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 31.10.23
£    £   
Trade creditors 3,959 17,960
Amounts owed to group undertakings 19,052 -
Taxation and social security 82,404 46,924
Other creditors 54,863 9,546
160,278 74,430

7. RELATED PARTY DISCLOSURES

Tech City Labs Limited
Company under common control

The balance due to Tech City Labs Limited at the year end is £19,052 (2023: £nil). The balance is unsecured, interest free & repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr B F Sims.