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
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
Daedalus Technology Services Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
65,907
91,329
Cash at bank and in hand
22,970
51,727
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)
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
Daedalus Technology Services Ltd
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
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
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
At 30 April 2024
59,253
474
6,180
65,907
At 30 April 2023
82,499
517
8,313
91,329
Daedalus Technology Services Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
1,137
-
Accrued income and prepayments
3,350
14,095
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
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).