| Page | |
|---|---|
| Statement of Financial Position | 1—2 |
| Notes to the Financial Statements | 3—6 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| CURRENT ASSETS | |||||
| Debtors | 6 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 7 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| Creditors: Amounts Falling Due After More Than One Year | 8 |
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| NET LIABILITIES |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 9 |
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| Share premium account |
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| Income Statement |
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| SHAREHOLDERS' FUNDS | (2,607,175) | (2,075,861) | |||
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Director
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| Computer and Office Equipment |
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| Other | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 November 2023 |
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| As at 31 October 2024 |
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| Amortisation | |||
| As at 1 November 2023 |
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| As at 31 October 2024 |
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| Net Book Value | |||
| As at 31 October 2024 |
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| As at 1 November 2023 |
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| Computer and Office Equipment | |
|---|---|
| £ | |
| Cost | |
| As at 1 November 2023 |
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| Disposals |
( |
| As at 31 October 2024 |
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| Depreciation | |
| As at 1 November 2023 |
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| Disposals |
( |
| As at 31 October 2024 |
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| Net Book Value | |
| As at 31 October 2024 |
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| As at 1 November 2023 |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Amounts owed by group undertakings | 171,698 | 226,882 | |
| Other debtors | 72,340 | 101,153 | |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
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| Amounts owed to participating interests |
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| Other creditors | 1,107,869 | 668,649 | |
| Taxation and social security |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | 1,621,863 | 1,621,863 | |
Dataswift Inc
A company incorporated in the United States of America and is wholly owned by Dataswyft Ltd
At the balance sheet date, Dataswift Inc owed Dataswyft Ltd £171,628 (2023: £170,587).
Innovorsa Limited
A company in which Irene Ng, director, is also a director and shareholder.
During the year, Innovorsa Limited provided technical contractors, project management, technical oversight and administrative services. At the balance sheet date, Dataswyft Ltd owed Innovorsa Limited £122,443 (2023: £119,980)
Dataswyft Network Ltd
A company in which Irene Ng is also a director
At the balance sheet date, Dataswyft Network Ltd owed Dataswyft Ltd £69.
Hat Community Foundation
A company in which Paul Tasker is also a director
At the balance sheet date, Dataswift Limited owed Hat Community Foundation £3,118 (2022: £117).
Dataswyft Sdn Bhd
A company incorporated in Malaysia and is wholly owned by Dataswyft Ltd
At the balance sheet date, Dataswyft Ltd owed Dataswyft Sdn Bhd £31,846 (2023: £56,294).