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Company Registration No. 14033663 (England and Wales)
Daedalus Technology Services Ltd Unaudited accounts for the year ended 30 April 2024
Daedalus Technology Services Ltd Unaudited accounts Contents
Page
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Daedalus Technology Services Ltd Company Information for the year ended 30 April 2024
Director
Nitesh Srivastava
Company Number
14033663 (England and Wales)
Registered Office
80 CHEAPSIDE LONDON EC2V 6EE ENGLAND
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Daedalus Technology Services Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
65,907 
91,329 
Current assets
Debtors
103,002 
17,993 
Cash at bank and in hand
22,970 
51,727 
125,972 
69,720 
Creditors: amounts falling due within one year
(104,658)
(51,757)
Net current assets
21,314 
17,963 
Total assets less current liabilities
87,221 
109,292 
Creditors: amounts falling due after more than one year
(26,328)
(27,178)
Provisions for liabilities
Deferred tax
(12,523)
(17,353)
Net assets
48,370 
64,761 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
48,369 
64,760 
Shareholders' funds
48,370 
64,761 
For the year ending 30 April 2024 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 his 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 31 January 2024 and were signed on its behalf by
Nitesh Srivastava Director Company Registration No. 14033663
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Daedalus Technology Services Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Daedalus Technology Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14033663. The registered office is 80 CHEAPSIDE, LONDON, EC2V 6EE, 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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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.
Presentation currency
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:
Motor vehicles
25% Straight Line
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
92,984 
620 
9,536 
103,140 
Additions
- 
246 
1,510 
1,756 
At 30 April 2024
92,984 
866 
11,046 
104,896 
Depreciation
At 1 May 2023
10,485 
103 
1,223 
11,811 
Charge for the year
23,246 
289 
3,643 
27,178 
At 30 April 2024
33,731 
392 
4,866 
38,989 
Net book value
At 30 April 2024
59,253 
474 
6,180 
65,907 
At 30 April 2023
82,499 
517 
8,313 
91,329 
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Daedalus Technology Services Ltd Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
92,350 
- 
Amounts due from group undertakings etc.
1,137 
- 
Accrued income and prepayments
3,350 
14,095 
Other debtors
6,165 
3,898 
103,002 
17,993 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
3,779 
5,771 
Trade creditors
3,062 
2,280 
Taxes and social security
30,611 
25,988 
Loans from directors
64,777 
15,493 
Accruals
2,429 
2,225 
104,658 
51,757 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
26,328 
27,178 
8
Transactions with related parties
At the Balance sheet date, the following balance existed within companies under common control: Included within Debtors is an amount of £1,137 (2023 £0) due from Wathe Technology Services Limited
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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