21 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 940,900 520,375 47,045 567,420 373,480 420,525 xbrli:pure xbrli:shares iso4217:GBP 06394529 2023-07-01 2024-06-30 06394529 2024-06-30 06394529 2023-06-30 06394529 2022-07-01 2023-06-30 06394529 2023-06-30 06394529 2022-06-30 06394529 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 06394529 bus:Director2 2023-07-01 2024-06-30 06394529 core:WithinOneYear 2024-06-30 06394529 core:WithinOneYear 2023-06-30 06394529 core:NetGoodwill 2023-06-30 06394529 core:NetGoodwill 2024-06-30 06394529 core:PlantMachinery 2023-06-30 06394529 core:FurnitureFittings 2023-06-30 06394529 core:PlantMachinery 2024-06-30 06394529 core:AfterOneYear 2024-06-30 06394529 core:AfterOneYear 2023-06-30 06394529 core:PlantMachinery 2023-07-01 2024-06-30 06394529 core:FurnitureFittings 2023-07-01 2024-06-30 06394529 core:ShareCapital 2024-06-30 06394529 core:ShareCapital 2023-06-30 06394529 core:SharePremium 2024-06-30 06394529 core:SharePremium 2023-06-30 06394529 core:RetainedEarningsAccumulatedLosses 2024-06-30 06394529 core:RetainedEarningsAccumulatedLosses 2023-06-30 06394529 core:BetweenOneFiveYears 2024-06-30 06394529 core:BetweenOneFiveYears 2023-06-30 06394529 core:MoreThanFiveYears 2024-06-30 06394529 core:MoreThanFiveYears 2023-06-30 06394529 core:NetGoodwill 2023-07-01 2024-06-30 06394529 core:NetGoodwill 2023-06-30 06394529 core:PlantMachinery 2023-06-30 06394529 bus:SmallEntities 2023-07-01 2024-06-30 06394529 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06394529 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06394529 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06394529 bus:FullAccounts 2023-07-01 2024-06-30 06394529 bus:OrdinaryShareClass1 2024-06-30 06394529 bus:OrdinaryShareClass1 2023-06-30
COMPANY REGISTRATION NUMBER: 06394529
DBS Datamarketing Limited
Filleted Unaudited Financial Statements
30 June 2024
DBS Datamarketing Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
£
Fixed assets
Intangible assets
5
373,480
420,525
Tangible assets
6
760
---------
---------
373,480
421,285
Current assets
Debtors
7
628,598
739,257
Cash at bank and in hand
994,430
690,867
------------
------------
1,623,028
1,430,124
Creditors: amounts falling due within one year
8
399,274
242,715
------------
------------
Net current assets
1,223,754
1,187,409
------------
------------
Total assets less current liabilities
1,597,234
1,608,694
Creditors: amounts falling due after more than one year
9
12,603
20,717
------------
------------
Net assets
1,584,631
1,587,977
------------
------------
Capital and reserves
Called up share capital
10
5,400
5,400
Share premium account
1,008,200
1,008,200
Profit and loss account
571,031
574,377
------------
------------
Shareholders funds
1,584,631
1,587,977
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
DBS Datamarketing Limited
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 16 July 2025 , and are signed on behalf of the board by:
A R C Williams
Director
Company registration number: 06394529
DBS Datamarketing Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Buckingham Court, Dairy Road, Chelmsford, Essex, CM2 6XW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
20 years straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery
-
3 years straight line
Fixture & Fittings
-
5 years straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 21 (2023: 18 ).
5. Intangible assets
Goodwill
£
Cost
At 1 July 2023 and 30 June 2024
940,900
---------
Amortisation
At 1 July 2023
520,375
Charge for the year
47,045
---------
At 30 June 2024
567,420
---------
Carrying amount
At 30 June 2024
373,480
---------
At 30 June 2023
420,525
---------
6. Tangible assets
Plant and machinery
Fixtures and fittings
Total
£
£
£
Cost
At 1 July 2023
92,973
21,454
114,427
Disposals
( 66,325)
( 21,454)
( 87,779)
--------
--------
---------
At 30 June 2024
26,648
26,648
--------
--------
---------
Depreciation
At 1 July 2023
92,213
21,454
113,667
Charge for the year
760
760
Disposals
( 66,325)
( 21,454)
( 87,779)
--------
--------
---------
At 30 June 2024
26,648
26,648
--------
--------
---------
Carrying amount
At 30 June 2024
--------
--------
---------
At 30 June 2023
760
760
--------
--------
---------
7. Debtors
2024
2023
£
£
Trade debtors
329,598
448,485
Amounts owed by group undertakings
193,213
194,471
Prepayments and accrued income
39,270
52,562
Other debtors
66,517
43,739
---------
---------
628,598
739,257
---------
---------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,648
10,648
Trade creditors
64,870
64,890
Amounts owed to group undertakings
33,399
12,000
Accruals and deferred income
137,978
7,207
Corporation tax
37,764
38,888
Social security and other taxes
113,688
104,939
Other creditors
927
4,143
---------
---------
399,274
242,715
---------
---------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
12,603
20,717
--------
--------
10. Called up share capital
Authorised share capital
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
10,000
10,000
10,000
10,000
--------
--------
--------
--------
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
5,400
5,400
5,400
5,400
-------
-------
-------
-------
11. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
£
£
Not later than 1 year
75,740
76,997
Later than 1 year and not later than 5 years
211,683
236,424
Later than 5 years
289,000
340,000
---------
---------
576,423
653,421
---------
---------
12. Directors' advances, credits and guarantees
At the year end A R C Williams owed the company £36,490 (2023 - £17,913) which is shown amongst debtors. Interest of £634 was charged on this loan. The loan was repaid in April 2025.
13. Related party transactions
Sales Purchases Balances at 30 June Dr/(Cr)
£ £ £
Other related parties
30 June 2024 84,000 193,213
30 June 2023 84,000 294,658
Related parties with significant influence/control
The above purchases relate to rental expenses. The company wholly owns DBS Data Limited and has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with DBS Data Limited.