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Company Registration No. NI692207 (Northern Ireland)
DATNAP LIMITED Unaudited accounts for the year ended 31 October 2025
DATNAP LIMITED Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
623,226
508,497
Current assets
Cash at bank and in hand
4,326
5,040
Creditors: amounts falling due within one year
5
(3,364)
(7,834)
Net current assets/(liabilities)
962
(2,794)
Total assets less current liabilities
624,188
505,703
Provisions for liabilities
Deferred tax
6
(76,015)
(49,566)
Net assets
548,173
456,137
Capital and reserves
Called up share capital
7
42,806
42,806
Profit and loss account
505,367
413,331
Shareholders' funds
548,173
456,137
For the year ending 31 October 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.
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 23 February 2026 and were signed on its behalf by
David Perry Director Company Registration No. NI692207
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DATNAP LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
DATNAP LIMITED is a private company, limited by shares, registered in Northern Ireland, registration number NI692207. The registered office is Unit 2 Channel Wharf, 21 Old Channel Eoad, Belfast, Antrim, BT3 9DE.
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 recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be measured reliably. Turnover comprises dividend income received from investments.
Going concern
The director believes that the company DATNAP Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value with changes in fair value recognised through the profit and loss account.
4
Investments
Other investments
£
Valuation at 1 November 2024
508,497
Additions
13,036
Fair value adjustments
101,693
Valuation at 31 October 2025
623,226
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DATNAP LIMITED Notes to the Accounts for the year ended 31 October 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
2,134
6,634
Accruals
1,230
1,200
3,364
7,834
6
Deferred taxation
2025
2024
£
£
Revaluation of investment property
76,015
49,566
2025
2024
£
£
Provision at start of year
49,566
32,630
Charged to the profit and loss account
26,449
16,936
Provision at end of year
76,015
49,566
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
42,806 Ordinary shares of £1 each
42,806
42,806
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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