Company registration number 11138872 (England and Wales)
DATA SCIENCE CENTRAL UK LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
DATA SCIENCE CENTRAL UK LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
DATA SCIENCE CENTRAL UK LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
71,393
110,421
Current assets
Debtors
4
146,103
182,526
Cash at bank and in hand
1,757,167
1,965,904
1,903,270
2,148,430
Creditors: amounts falling due within one year
5
(1,391,881)
(2,258,850)
Net current assets/(liabilities)
511,389
(110,420)
Net assets
582,782
1
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
582,781
-
0
Total equity
582,782
1

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The financial statements were approved by the board of directors and authorised for issue on 3 April 2025 and are signed on its behalf by:
Mr Jelle Carcan
Director
Company registration number 11138872 (England and Wales)
DATA SCIENCE CENTRAL UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Data Science Central UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is 25 Luke Street, 2nd Floor, London, EC2A 4DS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In addition to this the ultimate parent company have confirmed their support for the company for at least 12 months from the date the financial statements are authorised. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
1 year straight line
Office equipment
3 years straight line
Fixtures and fittings
7 years straight line
Computers
3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

DATA SCIENCE CENTRAL UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

DATA SCIENCE CENTRAL UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -
1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees
2024
2023
Number
Number
Employees
60
55
3
Tangible fixed assets
Leasehold improvements
Office equipment
Fixtures and fittings
Computers
Total
£
£
£
£
£
Cost
At 1 January 2024
9,783
19,248
36,740
217,907
283,678
Additions
-
0
-
0
1,271
33,195
34,466
At 31 December 2024
9,783
19,248
38,011
251,102
318,144
Depreciation and impairment
At 1 January 2024
9,783
11,887
8,991
142,596
173,257
Depreciation charged in the year
-
0
6,416
5,352
61,726
73,494
At 31 December 2024
9,783
18,303
14,343
204,322
246,751
Carrying amount
At 31 December 2024
-
0
945
23,668
46,780
71,393
At 31 December 2023
-
0
7,361
27,749
75,311
110,421
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
95,635
101,002
Prepayments and accrued income
50,468
81,524
146,103
182,526
DATA SCIENCE CENTRAL UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
3,988
974
Amounts owed to group undertakings
467,127
1,690,559
Corporation tax
197,146
-
0
Other taxation and social security
267,939
220,656
Other creditors
59,702
55,888
Accruals and deferred income
395,979
290,773
1,391,881
2,258,850
6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

Senior Statutory Auditor:
Leigh Dudley FCCA
Statutory Auditor:
Ellacotts Audit Services Limited
Date of audit report:
3 April 2025
7
Called up share capital
2024
2023
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of 1p each
1
1
1
1
DATA SCIENCE CENTRAL UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
2023
£
£
162,282
471,962
9
Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under FRS102 Section 1A.

10
Parent company

The parent company was Datacamp Inc, a company incorporated in the United States of America. The registered office of Datacamp Inc is 350 Fifth Avenue, Suite #7720, New York, NY 10118, USA.

The ultimate holding company is DataCamp Inc. based in the United States of America. The results of Data Science Central UK Limited and its fellow subsidiaries have been consolidated within the financial statements of DataCamp Inc. based in the United States of America.

2024-12-312024-01-01falsefalsefalse03 April 2025CCH SoftwareCCH Accounts Production 2024.310No description of principal activityMr M TheuwissenMr S AdellMr Jelle Carcan111388722024-01-012024-12-31111388722024-12-31111388722023-12-3111138872core:LeaseholdImprovements2024-12-3111138872core:PlantMachinery2024-12-3111138872core:FurnitureFittings2024-12-3111138872core:ComputerEquipment2024-12-3111138872core:LeaseholdImprovements2023-12-3111138872core:PlantMachinery2023-12-3111138872core:FurnitureFittings2023-12-3111138872core:ComputerEquipment2023-12-3111138872core:CurrentFinancialInstrumentscore:WithinOneYear2024-12-3111138872core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3111138872core:CurrentFinancialInstruments2024-12-3111138872core:CurrentFinancialInstruments2023-12-3111138872core:ShareCapital2024-12-3111138872core:ShareCapital2023-12-3111138872core:RetainedEarningsAccumulatedLosses2024-12-3111138872core:RetainedEarningsAccumulatedLosses2023-12-3111138872core:ShareCapitalOrdinaryShares2024-12-3111138872core:ShareCapitalOrdinaryShares2023-12-3111138872bus:Director32024-01-012024-12-3111138872core:LeaseholdImprovementscore:LeasedAssetsHeldAsLessee2024-01-012024-12-3111138872core:PlantMachinery2024-01-012024-12-3111138872core:FurnitureFittings2024-01-012024-12-3111138872core:ComputerEquipment2024-01-012024-12-31111388722023-01-012023-12-3111138872core:LeaseholdImprovements2023-12-3111138872core:PlantMachinery2023-12-3111138872core:FurnitureFittings2023-12-3111138872core:ComputerEquipment2023-12-31111388722023-12-3111138872core:LeaseholdImprovements2024-01-012024-12-3111138872bus:OrdinaryShareClass12024-01-012024-12-3111138872bus:OrdinaryShareClass12024-12-3111138872bus:PrivateLimitedCompanyLtd2024-01-012024-12-3111138872bus:SmallCompaniesRegimeForAccounts2024-01-012024-12-3111138872bus:FRS1022024-01-012024-12-3111138872bus:Audited2024-01-012024-12-3111138872bus:Director12024-01-012024-12-3111138872bus:Director22024-01-012024-12-3111138872bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP