Registration number:
Advanced Datacentre Systems Limited
for the Year Ended 31 May 2024
Advanced Datacentre Systems Limited
Contents
Company Information |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Advanced Datacentre Systems Limited
Company Information
Directors |
Mr John W E Hardy Mr Anthony E Elphick |
Registered office |
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Accountants |
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Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Advanced Datacentre Systems Limited
for the Year Ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Advanced Datacentre Systems Limited for the year ended 31 May 2024 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Advanced Datacentre Systems Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Advanced Datacentre Systems Limited and state those matters that we have agreed to state to the Board of Directors of Advanced Datacentre Systems Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advanced Datacentre Systems Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Advanced Datacentre Systems Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Advanced Datacentre Systems Limited. You consider that Advanced Datacentre Systems Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Advanced Datacentre Systems Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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149 High Street
Cranleigh
Surrey
GU6 8BB
Advanced Datacentre Systems Limited
Profit and Loss Account for the Year Ended 31 May 2024
2024 |
2023 |
|
Turnover |
|
|
Other income |
|
|
Cost of raw materials and consumables |
( |
( |
Staff costs |
( |
( |
Depreciation and other amounts written off assets |
( |
( |
Other charges |
(103,385) |
(68,153) |
Profit before tax |
|
|
Tax on profit |
( |
( |
Profit for the year |
|
|
Advanced Datacentre Systems Limited
(Registration number: 05321224)
Balance Sheet as at 31 May 2024
2024 |
2023 |
|
Fixed assets |
|
|
Current assets |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current assets |
|
|
Total assets less current liabilities |
|
|
Accruals and deferred income |
( |
( |
|
|
|
Capital and reserves |
|
|
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Advanced Datacentre Systems Limited
(Registration number: 05321224)
Balance Sheet as at 31 May 2024
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
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Advanced Datacentre Systems Limited
Detailed Profit and Loss Account for the Year Ended 31 May 2024
2024 |
2023 |
|
Turnover (analysed below) |
472,909 |
407,733 |
Cost of sales (analysed below) |
(126,663) |
(135,648) |
Gross profit |
346,246 |
272,085 |
Gross profit (%) |
73.22% |
66.73% |
Administrative expenses |
||
Employment costs (analysed below) |
(133,907) |
(133,474) |
Establishment costs (analysed below) |
(19,905) |
(12,336) |
General administrative expenses (analysed below) |
(82,639) |
(55,315) |
Finance charges (analysed below) |
(502) |
(502) |
Depreciation costs (analysed below) |
(12,122) |
(12,976) |
(249,075) |
(214,603) |
|
Operating profit |
97,171 |
57,482 |
Other interest receivable and similar income (analysed below) |
118 |
31 |
Interest payable and similar expenses (analysed below) |
(339) |
- |
(221) |
31 |
|
Profit before tax |
96,950 |
57,513 |
Advanced Datacentre Systems Limited
Detailed Profit and Loss Account for the Year Ended 31 May 2024
2024 |
2023 |
Turnover |
||
Rendering of services, UK |
472,909 |
407,733 |
Cost of sales |
||
Opening finished goods |
(86,823) |
(86,823) |
Direct costs |
(88,597) |
(67,365) |
Hardware development |
(9,808) |
(9,508) |
Closing finished goods |
87,036 |
86,823 |
Subcontract cost |
(19,445) |
(40,006) |
Software development |
(9,026) |
(18,769) |
(126,663) |
(135,648) |
Employment costs |
||
Wages and salaries (excluding directors) |
(54,843) |
(57,001) |
Staff NIC (Employers) |
(5,749) |
(6,156) |
Directors remuneration |
(65,000) |
(62,500) |
Directors NIC (Employers) |
(6,458) |
(6,073) |
NIC - Class 1A |
(1,765) |
(1,744) |
Staff training |
(92) |
- |
(133,907) |
(133,474) |
Establishment costs |
||
Light, heat and power |
(5,566) |
(5,918) |
Insurance |
(2,662) |
(2,153) |
Use of home as office |
(750) |
- |
Repairs and maintenance |
(7,758) |
(3,621) |
Repairs and renewals |
(3,108) |
(644) |
Protective clothing |
(61) |
- |
(19,905) |
(12,336) |
General administrative expenses |
||
Telephone and internet |
(2,771) |
(3,453) |
Office expenses |
- |
(232) |
Computer software and maintenance costs |
(8,185) |
(2,924) |
Printing, postage and stationery |
(676) |
(1,006) |
Trade subscriptions |
(2,317) |
(1,200) |
Charitable donations |
(220) |
(575) |
Sundry expenses |
(2,402) |
(988) |
Cleaning |
(2,915) |
(2,200) |
Advanced Datacentre Systems Limited
Detailed Profit and Loss Account for the Year Ended 31 May 2024
2024 |
2023 |
Motor expenses |
(15,995) |
(6,985) |
Travel and subsistence |
(13,968) |
(13,745) |
Advertising and Promotions |
(4,555) |
(6,270) |
Conferences and exhibitions |
- |
(249) |
Customer entertaining (disallowable for tax) |
(26,528) |
(13,438) |
Accountancy fees |
(2,050) |
(2,050) |
Legal and professional fees |
(57) |
- |
(82,639) |
(55,315) |
Finance charges |
||
Bank charges |
(502) |
(502) |
Depreciation costs |
||
Depreciation of freehold property |
(4,873) |
(4,873) |
Depreciation of motor vehicles (owned) |
(3,613) |
(4,817) |
Depreciation of office equipment (owned) |
(3,636) |
(3,286) |
(12,122) |
(12,976) |
Other interest receivable and similar income |
||
Bank interest receivable |
117 |
31 |
Other interest receivable |
1 |
- |
118 |
31 |
Interest payable and similar expenses |
||
Other interest and charges |
(339) |
- |