DataDQ Ltd 14939925 false 2023-06-16 2024-06-30 2024-06-30 The principal activity of the company is product software development. Digita Accounts Production Advanced 6.30.9574.0 true 14939925 2023-06-16 2024-06-30 14939925 2024-06-30 14939925 bus:OrdinaryShareClass1 2024-06-30 14939925 bus:OrdinaryShareClass2 2024-06-30 14939925 core:CurrentFinancialInstruments 2024-06-30 14939925 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14939925 core:OtherResidualIntangibleAssets 2024-06-30 14939925 bus:SmallEntities 2023-06-16 2024-06-30 14939925 bus:AuditExemptWithAccountantsReport 2023-06-16 2024-06-30 14939925 bus:FilletedAccounts 2023-06-16 2024-06-30 14939925 bus:SmallCompaniesRegimeForAccounts 2023-06-16 2024-06-30 14939925 bus:RegisteredOffice 2023-06-16 2024-06-30 14939925 bus:Director1 2023-06-16 2024-06-30 14939925 bus:OrdinaryShareClass1 2023-06-16 2024-06-30 14939925 bus:OrdinaryShareClass2 2023-06-16 2024-06-30 14939925 bus:PrivateLimitedCompanyLtd 2023-06-16 2024-06-30 14939925 core:OtherResidualIntangibleAssets 2023-06-16 2024-06-30 14939925 countries:EnglandWales 2023-06-16 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14939925

DataDQ Ltd

Unaudited Filleted Financial Statements

for the Period from 16 June 2023 to 30 June 2024

 

DataDQ Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

DataDQ Ltd

(Registration number: 14939925)
Balance Sheet as at 30 June 2024

Note

2024
£

Fixed assets

 

Intangible assets

4

504,167

Current assets

 

Debtors

5

38,089

Cash at bank and in hand

 

36,103

 

74,192

Creditors: Amounts falling due within one year

6

(687,660)

Net current liabilities

 

(613,468)

Net liabilities

 

(109,301)

Capital and reserves

 

Uncalled share capital

7

13,850

Retained earnings

(123,151)

Shareholders' deficit

 

(109,301)

For the financial period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 March 2025 and signed on its behalf by:
 

.........................................
Mr G Merritt
Director

 

DataDQ Ltd

Notes to the Unaudited Financial Statements for the Period from 16 June 2023 to 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 The Courtyard
London Road
Newbury
Berkshire
RG14 1AX

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Other Intangible Assets

10% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

 

DataDQ Ltd

Notes to the Unaudited Financial Statements for the Period from 16 June 2023 to 30 June 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

Additions acquired separately

550,000

550,000

At 30 June 2024

550,000

550,000

Amortisation

Amortisation charge

45,833

45,833

At 30 June 2024

45,833

45,833

Carrying amount

At 30 June 2024

504,167

504,167

5

Debtors

Current

2024
£

Trade debtors

12,000

Prepayments

823

Other debtors

25,266

 

38,089

 

DataDQ Ltd

Notes to the Unaudited Financial Statements for the Period from 16 June 2023 to 30 June 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Trade creditors

11,699

Other creditors

675,961

687,660

7

Share capital

Allotted, uncalled and not fully paid shares

2024

No.

£

Ordinary of £0.10 each

100,000

10,000.00

A Ordinary of £0.10 each

38,500

3,850.00

138,500

13,850