DATANICS LIMITED

 

 

 

 

 

Unaudited Financial Statements

 

31 March 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Registration No. 09925398

DATANICS LIMITED

 

UNAUDITED FINANCIAL STATEMENTS 2026

 

CONTENTS

Page(s)

 

 

Company information

1

 

 

Statement of financial position

2-3

 

 

Notes to the financial statements

4-5

 

DATANICS LIMITED

 

UNAUDITED FINANCIAL STATEMENTS 2026

 

COMPANY INFORMATION

 

DIRECTORS

 

C MacKay (appointed 26 May 2026)

R Last

S Cunningham (Resigned 26 June 2026)

M Waymark (appointed 14 September 2026)

 

REGISTERED OFFICE

 

3rd Floor

11-21 Paul Street

London

EC2A 4JU

DATANICS LIMITED

 

STATEMENT OF FINANCIAL POSITION

As at 31 March 2026

 

 

Note

As at 31

March 2026 (Unaudited)

As at 31

March 2025 (Unaudited)

 

 

£

£

Current assets

 

 

 

Debtors

3

11,895

 

 

 

 

Total current assets

 

11,895

 

 

 

 

Net current assets

 

11,895

 

 

 

 

Total assets less current liabilities

 

11,895

 

 

 

 

Net assets

 

11,895

 

 

 

 

Capital and reserves

 

 

 

Called up share capital

4

11

Profit and loss account

 

-

1,894

 

 

 

 

Shareholders' funds

 

11,895

 

For the year ended 31 March 2026, the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies. The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The parent undertaking, Iomart Group plc, has given a guarantee under section 479C of the Companies Act 2006 in respect of all outstanding liabilities to which the company is subject at 31 March 2026.

Directors' responsibilities confirm:

•

the members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with section 476;

•

the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting recrds and the preparation of the financial statements; and

•

the company is included in the consolidated financial statements of Iomart Group plc for the financial year ended 31 March 2026.

 

These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

 

These financial statements were approved by the Board of Directors and authorised for issue on 9 October 2026 and are signed on their behalf by:

 

 

 

 

M Waymark

Director

Company number: 09925398

 

The notes on pages 3 to 4 are an integral part of these financial statements.

DATANICS LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2026

 

1.     COMPANY INFORMATION

 

Datanics Limited is a private limited company, limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales under the Companies Act 2006. The company has not traded during the current year and undertook only minimal transactions in the prior year.

 

Basis of preparation

 

These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006 and in compliance with FRS 102 Section 1A - Small Entities. There were no material departures from that standard. The company has taken advantage of the exemption under section 444(1) of the Companies Act 2006 not to file the directors' report.

 

The financial statements have been prepared on a historical cost basis and are presented in Sterling (£) which is the company's functional and presentational currency.

 

2.     ACCOUNTING POLICIES

 

Going concern

 

On 31 March 2021, the company ceased trading and the directors intend to apply for the company to be struck off the register. The directors have therefore prepared the financial statements on a basis other than going concern.

 

The financial statements have been prepared on a realisation basis. Assets are stated at their recoverable amount. No costs are expected to arise in connection with the strike-off and accordingly no provision for closure costs has been made. The directors do not consider that the adoption of the basis other than going concern has resulted in any material adjustments to the carrying values of the company's assets or liabilities.

 

Capital and reserves

 

Shares are classified as equity instruments when there is no obligation to transfer assets. Equity instruments are any contract that evidences a residual interest in assets of the company, after deducting liabilities. The nominal value of share issued is recorded in share capital.

 

Basic Financial Instruments

 

Basic financial assets, including debtors and amounts owed by group undertakings, are initially recognised at transaction price and subsequently measured at amortised cost.

 

Employees

 

The average monthly number of persons employed by the company (including directors) during the year was nil (2025: nil).

 

Profit and loss account

 

During the year, £1,894 of the amount owed by group undertakings was written off in preparation for the company's strike-off. The write-off was charged to the profit and loss account, reducing the balance from £1,894 at 31 March 2025 to nil at 31 March 2026. The company had no other income or expenditure in the year.

DATANICS LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2026

 

3.     DEBTORS

 

 

As at 31

March 2026 (Unaudited)

As at 31

March 2025 (Unaudited)

 

£

£

 

 

 

Amounts owed by group undertakings

11,895

 

The amounts due from group undertakings are interest-free, unsecured and repayable on demand. The directors consider the balance to be recoverable in full and it is therefore stated at its recoverable amount.

 

4.     CALLED UP SHARE CAPITAL

 

 

As at 31

As at 31

 

March 2026

March 2025

 

(Unaudited)

(Unaudited)

 

£

£

 

 

 

At 31 March 2026 and 31 March 2025

 

 

Authorised, allotted, called up and fully paid:

 

 

Ordinary shares of £1 each

11

 

5.     ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

 

The ultimate parent company and controlling party is Iomart Group plc (registered number SC204560), a company incorporated in Scotland. Consolidated financial statements including Datanics Limited are available from Iomart Group plc, 6 Atlantic Quay, 55 Robertson Street, Glasgow, Scotland, G2 8JD.

 

The company is a wholly owned subsidiary of Iomart Group plc. The consolidated financial statements of Iomart Group plc represent the smallest and largest group of undertakings for which group financial statements are prepared and of which the company is a member. The company has taken advantage of the exemption in FRS 102 paragraph 33.1A not to disclose transactions with other wholly owned members of the group.