Registration number:
Datadial Limited
for the Year Ended 28 February 2025
Datadial Limited
Contents
|
Company Information |
|
|
Balance Sheet |
|
|
Notes to the Unaudited Financial Statements |
Datadial Limited
Company Information
|
Director |
Mr Robert Faulkner |
|
Company secretary |
Mrs Vicky Louise Faulkner |
|
Registered office |
|
|
Accountants |
|
Datadial Limited
(Registration number: 03509127)
Balance Sheet as at 28 February 2025
|
Note |
2025 |
2024 |
|
|
Fixed assets |
|||
|
Tangible assets |
|
|
|
|
Investment property |
|
- |
|
|
Investments |
|
|
|
|
Other financial assets |
172,752 |
106,764 |
|
|
|
|
||
|
Current assets |
|||
|
Debtors |
|
|
|
|
Other financial assets |
100,000 |
100,000 |
|
|
Cash at bank and in hand |
|
|
|
|
|
|
||
|
Creditors: Amounts falling due within one year |
( |
( |
|
|
Net current assets |
|
|
|
|
Total assets less current liabilities |
|
|
|
|
Provisions for liabilities |
( |
( |
|
|
Net assets |
|
|
|
|
Capital and reserves |
|||
|
Called up share capital |
1 |
1 |
|
|
Capital redemption reserve |
1 |
1 |
|
|
Other reserves |
3,890 |
5,145 |
|
|
Retained earnings |
606,278 |
437,376 |
|
|
Shareholders' funds |
610,170 |
442,523 |
For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Datadial Limited
(Registration number: 03509127)
Balance Sheet as at 28 February 2025
Approved and authorised by the
|
|
Datadial Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
|
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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
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.
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.
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.
Datadial Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
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 |
|
Plant and machinery |
Straight line over 3 years |
Investment property
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
|
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Datadial Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
Tangible assets |
|
Plant and machinery |
Total |
|
|
Cost or valuation |
||
|
At 1 March 2024 |
|
|
|
Additions |
|
|
|
Disposals |
( |
( |
|
At 28 February 2025 |
|
|
|
Depreciation |
||
|
At 1 March 2024 |
|
|
|
Charge for the year |
|
|
|
Eliminated on disposal |
( |
( |
|
At 28 February 2025 |
|
|
|
Carrying amount |
||
|
At 28 February 2025 |
|
|
|
At 29 February 2024 |
|
|
|
Investment properties |
|
2025 |
|
|
Additions |
|
|
At 28 February |
|
Investment property valued on an open market basis on 28 February 2025 by the company director.
Datadial Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
Investments |
|
2025 |
2024 |
|
|
Investments in subsidiaries |
|
|
|
Subsidiaries |
£ |
|
Cost or valuation |
|
|
At 1 March 2024 |
|
|
Revaluation |
( |
|
At 28 February 2025 |
|
|
Provision |
|
|
Carrying amount |
|
|
At 28 February 2025 |
|
|
At 29 February 2024 |
|
Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
|
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
|
|
2025 |
2024 |
|||
|
Subsidiary undertakings |
||||
|
|
Manor Farm, Broad Street, Kings Stanley, Stonehouse GL10 3PN England and Wales |
|
|
|
|
Subsidiary undertakings |
|
Advantec Internet Services Limited The principal activity of Advantec Internet Services Limited is |
Datadial Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
Other financial assets (current and non-current) |
|
Financial assets at fair value through profit and loss |
Total |
|
|
Non-current financial assets |
||
|
Cost or valuation |
||
|
At 1 March 2024 |
106,860 |
106,860 |
|
Fair value adjustments |
(1,673) |
(1,673) |
|
Additions |
167,470 |
167,470 |
|
Disposals |
(99,905) |
(99,905) |
|
At 28 February 2025 |
172,752 |
172,752 |
|
Carrying amount |
||
|
At 28 February 2025 |
|
172,752 |
|
Financial assets at cost less impairment |
Total |
|
|
Current financial assets |
||
|
Cost or valuation |
||
|
At 1 March 2024 |
100,000 |
100,000 |
|
At 28 February 2025 |
100,000 |
100,000 |
|
Carrying amount |
||
|
At 28 February 2025 |
|
100,000 |
|
Debtors |
|
Current |
2025 |
2024 |
|
Trade debtors |
|
|
|
Other debtors |
|
|
|
|
|
Datadial Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
|
Creditors |
Creditors: amounts falling due within one year
|
2025 |
2024 |
|
|
Due within one year |
||
|
Trade creditors |
|
|
|
Taxation and social security |
|
|
|
Accruals and deferred income |
|
|
|
Other creditors |
|
- |
|
|
|
|
Related party transactions |
The controlling party is R Faulkner.