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Company Registration No. 07594700 (England and Wales)
Data Precision Ltd Unaudited accounts for the year ended 30 April 2025
Data Precision Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Data Precision Ltd Company Information for the year ended 30 April 2025
Director
V F Hernandez Franco
Company Number
07594700 (England and Wales)
Registered Office
86 Elm Road London E11 4DW
Accountants
Capital Accounting Solutions 277-279 Bethnal Green Road London E2 6AH
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Data Precision Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
328
807
Current assets
Debtors
385,650
385,650
Cash at bank and in hand
348,056
283,132
733,706
668,782
Creditors: amounts falling due within one year
(130,671)
(121,797)
Net current assets
603,035
546,985
Net assets
603,363
547,792
Capital and reserves
Called up share capital
5
100
100
Profit and loss account
603,263
547,692
Shareholders' funds
603,363
547,792
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 November 2025 and were signed on its behalf by
V F Hernandez Franco Director Company Registration No. 07594700
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Data Precision Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Data Precision Ltd is a private company, limited by shares, registered in England and Wales, registration number 07594700. The registered office is 86 Elm Road, London, E11 4DW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 May 2024
1,452
At 30 April 2025
1,452
Depreciation
At 1 May 2024
645
Charge for the year
479
At 30 April 2025
1,124
Net book value
At 30 April 2025
328
At 30 April 2024
807
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Data Precision Ltd Notes to the Accounts for the year ended 30 April 2025
5
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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