Datacenta Limited 04933885 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is the provision of computer services and support. Digita Accounts Production Advanced 6.30.9574.0 true true 04933885 2023-11-01 2024-10-31 04933885 2024-10-31 04933885 bus:OrdinaryShareClass1 2024-10-31 04933885 core:RetainedEarningsAccumulatedLosses 2024-10-31 04933885 core:ShareCapital 2024-10-31 04933885 core:CurrentFinancialInstruments 2024-10-31 04933885 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 04933885 core:Non-currentFinancialInstruments 2024-10-31 04933885 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 04933885 core:FurnitureFittingsToolsEquipment 2024-10-31 04933885 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-10-31 04933885 bus:SmallEntities 2023-11-01 2024-10-31 04933885 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 04933885 bus:FilletedAccounts 2023-11-01 2024-10-31 04933885 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 04933885 bus:RegisteredOffice 2023-11-01 2024-10-31 04933885 bus:CompanySecretary1 2023-11-01 2024-10-31 04933885 bus:Director1 2023-11-01 2024-10-31 04933885 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 04933885 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04933885 bus:Agent1 2023-11-01 2024-10-31 04933885 core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 04933885 core:OfficeEquipment 2023-11-01 2024-10-31 04933885 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-11-01 2024-10-31 04933885 countries:England 2023-11-01 2024-10-31 04933885 2023-10-31 04933885 core:FurnitureFittingsToolsEquipment 2023-10-31 04933885 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-10-31 04933885 2022-11-01 2023-10-31 04933885 2023-10-31 04933885 bus:OrdinaryShareClass1 2023-10-31 04933885 core:RetainedEarningsAccumulatedLosses 2023-10-31 04933885 core:ShareCapital 2023-10-31 04933885 core:CurrentFinancialInstruments 2023-10-31 04933885 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 04933885 core:Non-currentFinancialInstruments 2023-10-31 04933885 core:Non-currentFinancialInstruments core:AfterOneYear 2023-10-31 04933885 core:FurnitureFittingsToolsEquipment 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04933885

Datacenta Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

Datacenta Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Financial Statements

5 to 10

 

Datacenta Limited

Company Information

Director

Mr J.D. Lamb

Company secretary

Mrs DE Lamb

Registered office

21 Drake Close
Lytham St. Annes
Lancashire
FY8 2EX

Accountants

Crossley & Davis Chartered Accountants
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Datacenta Limited
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Datacenta Limited for the year ended 31 October 2024 as set out on pages 3 to 10 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 Datacenta 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 Datacenta Limited and state those matters that we have agreed to state to the Board of Directors of Datacenta 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 Datacenta Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Datacenta 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 Datacenta Limited. You consider that Datacenta 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 Datacenta 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.

......................................

Crossley & Davis Chartered Accountants
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

11 June 2025

 

Datacenta Limited

(Registration number: 04933885)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

846

995

Current assets

 

Stocks

5

1,000

1,000

Debtors

6

28,100

47,086

Cash at bank and in hand

 

22,227

5,848

 

51,327

53,934

Creditors: Amounts falling due within one year

7

(37,222)

(40,353)

Net current assets

 

14,105

13,581

Total assets less current liabilities

 

14,951

14,576

Creditors: Amounts falling due after more than one year

7

(13,597)

(13,597)

Provisions for liabilities

(161)

(194)

Net assets

 

1,193

785

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

1,093

685

Shareholders' funds

 

1,193

785

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Datacenta Limited

(Registration number: 04933885)
Balance Sheet as at 31 October 2024

Approved and authorised by the director on 11 June 2025
 

.........................................
Mr J.D. Lamb
Director

 

Datacenta Limited

Notes to the Financial Statements for the Year Ended 31 October 2024

1

General information

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

The address of its registered office is:
21 Drake Close
Lytham St. Annes
Lancashire
FY8 2EX

These financial statements were authorised for issue by the director on 11 June 2025.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Datacenta Limited

Notes to the Financial Statements for the Year Ended 31 October 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

15% Reducing balance

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.

Trade debtors

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

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Datacenta Limited

Notes to the Financial Statements for the Year Ended 31 October 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Datacenta Limited

Notes to the Financial Statements for the Year Ended 31 October 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 November 2023

3,748

3,748

At 31 October 2024

3,748

3,748

Depreciation

At 1 November 2023

2,753

2,753

Charge for the year

149

149

At 31 October 2024

2,902

2,902

Carrying amount

At 31 October 2024

846

846

At 31 October 2023

995

995

5

Stocks

2024
£

2023
£

Other inventories

1,000

1,000

 

Datacenta Limited

Notes to the Financial Statements for the Year Ended 31 October 2024

6

Debtors

2024
£

2023
£

Trade debtors

592

13,016

Prepayments

-

79

Other debtors

27,508

33,991

28,100

47,086

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

7,000

7,000

Trade creditors

 

802

5,828

Taxation and social security

 

15,964

14,306

Accruals and deferred income

 

13,456

13,219

 

37,222

40,353

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

13,597

13,597

 

Datacenta Limited

Notes to the Financial Statements for the Year Ended 31 October 2024

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

13,597

13,597

Current loans and borrowings

2024
£

2023
£

Bank borrowings

7,000

7,000

10

Related party transactions

Loans to related parties

2024

Key management
£

Total
£

At start of period

33,991

33,991

Advanced

55,662

55,662

Repaid

(62,967)

(62,967)

Interest transactions

822

822

At end of period

27,508

27,508

 

Key management

2024
£

At start of period

33,991

Advanced

55,662

Repaid

(62,967)

Interest transactions

822

At end of period

27,508