| Datatrace Consumer Services (UK) Limited |
| Registered number: |
11453001 |
| Statement of Financial Position |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
4 |
|
|
193,481 |
|
|
203,485 |
| Tangible assets |
5 |
|
|
53,283 |
|
|
32,243 |
|
|
|
|
246,764 |
|
|
235,728 |
|
| Current assets |
| Stocks |
|
|
445 |
|
|
366 |
| Debtors |
6 |
|
167,517 |
|
|
180,260 |
| Cash at bank and in hand |
|
|
38,109 |
|
|
12,672 |
|
|
|
206,071 |
|
|
193,298 |
|
| Creditors: amounts falling due within one year |
7 |
|
(155,771) |
|
|
(72,650) |
|
| Net current assets |
|
|
|
50,300 |
|
|
120,648 |
|
| Total assets less current liabilities |
|
|
|
297,064 |
|
|
356,376 |
|
|
| Provisions for liabilities |
|
|
|
(13,321) |
|
|
- |
|
|
| Net assets |
|
|
|
283,743 |
|
|
356,376 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
283,643 |
|
|
356,276 |
|
| Shareholders' funds |
|
|
|
283,743 |
|
|
356,376 |
|
|
|
|
|
|
|
|
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D Harvey |
| Director |
| Approved by the board on 27 May 2025 |
|
|
|
|
|
|
|
|
|
The notes form part of these financial statements |
|
| Datatrace Consumer Services (UK) Limited |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue from the rendering of services, when the service is performed. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures and equipment |
over 5,7 and 10 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Audit information |
|
|
The audit report is unqualified. |
|
|
Senior statutory auditor: |
Frances Clapham |
|
Firm: |
CK Audit |
|
|
Date of audit report: |
27 May 2025 |
|
| 3 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
6 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Intangible fixed assets |
£ |
|
Goodwill & P R Branding |
|
|
Cost |
|
At 1 January 2024 |
225,712 |
|
Additions |
1,602 |
|
At 31 December 2024 |
227,314 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 January 2024 |
22,227 |
|
Provided during the year |
11,606 |
|
At 31 December 2024 |
33,833 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
193,481 |
|
At 31 December 2023 |
203,485 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years. |
|
PR Branding is written off over 7 years |
|
|
| 5 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fixtures and Equipment |
| £ |
|
Cost |
|
At 1 January 2024 |
38,901 |
|
Additions |
21,043 |
|
At 31 December 2024 |
59,944 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
6,658 |
|
Charge for the year |
3 |
|
At 31 December 2024 |
6,661 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
53,283 |
|
At 31 December 2023 |
32,243 |
|
|
| 6 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
7,929 |
|
26,182 |
|
Amounts owed by group undertakings |
|
148,698 |
|
143,492 |
|
Prepayments |
|
|
|
|
10,890 |
|
10,586 |
|
|
|
|
|
|
167,517 |
|
180,260 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
12,939 |
|
14,351 |
|
Accruals |
7,100 |
|
1,000 |
|
Amounts owed to group undertakings |
|
132,195 |
|
57,145 |
|
Corporation tax |
|
|
|
|
- |
|
- |
|
Taxation and social security costs |
3,537 |
|
154 |
|
|
|
|
|
|
155,771 |
|
72,650 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other financial commitments |
2024 |
|
2023 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases all land and building |
|
2,250 |
|
2,250 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Controlling party |
|
|
The company is a wholly owned subsidiary of Broadriver (Holdings) Ltd. In the opinion of the directors the ultimate holding company at the year end was Broadriver Eot Ltd a company incorporated in England and Wales. The results are included in the consolidated accounts of Broadriver Eot Ltd and copies of the consolidated accounts can be obtained from the registered office. |
|
|
| 10 |
Presentation currency |
|
|
The financial statements are presented in Sterling. |
|
|
| 11 |
Other information |
|
|
Datatrace Consumer Services (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Compass House |
|
Waterside, Hanbury Road. |
|
Bromsgrove. |
|
West Midlands |
|
B60 4FD |