Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-3032023-06-02The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activityfalsetruefalse 14911374 2023-06-01 14911374 2023-06-02 2024-06-30 14911374 2022-06-02 2023-06-01 14911374 2024-06-30 14911374 c:Director1 2023-06-02 2024-06-30 14911374 c:Director2 2023-06-02 2024-06-30 14911374 d:CurrentFinancialInstruments 2024-06-30 14911374 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14911374 d:ShareCapital 2024-06-30 14911374 d:RetainedEarningsAccumulatedLosses 2024-06-30 14911374 c:OrdinaryShareClass1 2023-06-02 2024-06-30 14911374 c:OrdinaryShareClass1 2024-06-30 14911374 c:OrdinaryShareClass2 2023-06-02 2024-06-30 14911374 c:OrdinaryShareClass2 2024-06-30 14911374 c:OrdinaryShareClass3 2023-06-02 2024-06-30 14911374 c:OrdinaryShareClass3 2024-06-30 14911374 c:FRS102 2023-06-02 2024-06-30 14911374 c:AuditExempt-NoAccountantsReport 2023-06-02 2024-06-30 14911374 c:FullAccounts 2023-06-02 2024-06-30 14911374 c:PrivateLimitedCompanyLtd 2023-06-02 2024-06-30 14911374 d:WithinOneYear 2024-06-30 14911374 d:BetweenOneFiveYears 2024-06-30 14911374 e:PoundSterling 2023-06-02 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14911374









DATALINE LABS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
DATALINE LABS LTD
REGISTERED NUMBER: 14911374

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
11,489

Cash at bank and in hand
 5 
6,771

  
18,260

Creditors: amounts falling due within one year
 6 
(13,246)

Net current assets
  
 
 
5,014

Total assets less current liabilities
  
5,014

  

Net assets
  
5,014


Capital and reserves
  

Called up share capital 
 7 
100

Profit and loss account
  
4,914

  
5,014


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 February 2025.




Evan Stuart Shapiro
Christopher Mark Lawson
Director
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
DATALINE LABS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Dataline Labs Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London NW3 5JS. The Company was incorporated on 2 June 2023 and commenced to trade on that date. The Company's principal activity is business and domestic software development.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue 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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 2

 
DATALINE LABS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 3

 
DATALINE LABS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees

Period Ending
30 June
2024
£

Wages and salaries
22,800

22,800


The average monthly number of employees, including the directors, during the period was as follows:


    Period Ending
        30 June
        2024
            No.






Directors
2



Employee
1

3


4.


Debtors

2024
£


Trade debtors
11,304

Other debtors
185

11,489



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
6,771

6,771


Page 4

 
DATALINE LABS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
8,722

Other creditors
2,274

Accruals and deferred income
2,250

13,246



7.


Share capital

2024
£
Allotted, called up and fully paid


50 Ordinary  shares of £1.00 each
50
25 A Ordinary  shares of £1.00 each
25
25 B Ordinary shares shares of £1.00 each
25

100


On 2 June 2023, the Company issued 100 ordinary shares of £1 each for cash at par. On 6 December 2023, the Company redesignated the shares to 50 ordinary shares of £1 each, 25 A ordinary shares of £1 each  and 25 B ordinary shares of £1 each.


8.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
£


Not later than 1 year
3,967

Later than 1 year and not later than 5 years
2,645

6,612


9.


Related party transactions

At 30 June 2024, the Company owed £2,228 to the directors Christopher Mark Lawson and Evan Stuart Shapiro.

 
Page 5