REGISTERED NUMBER: OC357115 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DATCOM LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

A P S Townsend

Duncan & Toplis Group Limited

REGISTERED OFFICE:

Lynx House

Elmer Street South

Grantham

Lincolnshire

NG31 6QY

REGISTERED NUMBER:

OC357115 (England and Wales)

SENIOR STATUTORY AUDITOR:

Sarah Mason FCA

AUDITORS:

RSM UK Audit LLP

4th Floor

100 Avebury Boulevard

Milton Keynes

Buckinghamshire

MK9 1FH

FIXED ASSETS

Intangible assets

4

778

906

Tangible assets

5

50,769

54,518

51,547

55,424

CURRENT ASSETS

Stocks

6

23,832

33,824

Debtors

7

472,232

535,518

Cash at bank and in hand

348,326

122,040

844,390

691,382

CREDITORS

Amounts falling due within one year

8

490,755

546,257

NET CURRENT ASSETS

353,635

145,125

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

405,182

200,549

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

405,182

200,549

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

405,182

200,549

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 9 December 2025 and were signed by:

Duncan & Toplis Group Limited - Designated member

1.	STATUTORY INFORMATION

Datcom LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Related party exemption

The LLP has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with directors and companies with a participating interest as they have been concluded under normal market conditions.

Going concern

After reviewing the LLP's forecasts and projections, the partners have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover

Revenue is measured as the fair value of the consideration received, excluding valued added tax and trade discounts.

The basis of revenue recognition depends upon the type of work undertaken and services provided.

In respect of hardware sales, revenue is recognised when the final invoice is raised. Labour relating to installation of hardware is recognised as revenue by reference to the stage of completion of the installation.

Income from maintenance contracts is recognised when the service is delivered. Revenue is proportionately deferred in relation to any period of a maintenance contract that is invoiced in advance of the work being undertaken.

The revenue from ad-hoc labour charges is recognised when the invoice is raised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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 payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

10% on cost

Plant and machinery

-

33% on cost and 20% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

33% on cost

Taxation

The taxation payable on the partnership profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of the members. Consequently, partnership taxation is not accounted for in the financial statements.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 23 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

1,290

AMORTISATION

At 1 April 2024

384

Charge for year

128

At 31 March 2025

512

NET BOOK VALUE

At 31 March 2025

778

At 31 March 2024

906

5.	TANGIBLE FIXED ASSETS

Leasehold

Fixtures

improve-

Plant and

and

Motor

ments

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

12,311

198,465

25,232

10,352

246,360

Additions

3,489

15,622

-

-

19,111

At 31 March 2025

15,800

214,087

25,232

10,352

265,471

DEPRECIATION

At 1 April 2024

7,681

153,502

20,307

10,352

191,842

Charge for year

1,423

19,533

1,904

-

22,860

At 31 March 2025

9,104

173,035

22,211

10,352

214,702

NET BOOK VALUE

At 31 March 2025

6,696

41,052

3,021

-

50,769

At 31 March 2024

4,630

44,963

4,925

-

54,518

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

53,552

DEPRECIATION

At 1 April 2024

and 31 March 2025

53,552

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.

STOCKS

31.3.25

31.3.24

£

£

Goods held for resale

23,832

33,824

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

249,823

371,552

Amounts recoverable on contracts

1,482

22,841

Amounts owed by group entities

196,041

111,858

Prepayments

24,886

29,267

472,232

535,518

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

136,350

183,746

Social security and other taxes

17,596

20,898

VAT

92,813

84,771

Other creditors

6,316

6,853

Accruals and deferred income

237,680

249,989

490,755

546,257

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

8,474

10,325

Between one and five years

6,953

1,520

15,427

11,845

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members would rank alongside ordinary unsecured creditors in the event of a winding up. There is no protection offered to unsecured creditors which is legally enforceable.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sarah Mason FCA (Senior Statutory Auditor)

for and on behalf of RSM UK Audit LLP

12.	ULTIMATE CONTROLLING PARTY

The LLP is a subsidiary of Duncan & Toplis Group Limited. The registered office of the immediate parent undertaking is 3 Castlegate, Grantham, Lincolnshire NG31 6SF. The ultimate parent is Kinbrook Holdings Ltd, incorporated in England & Wales.