Hospitality Data Insights Limited - Accounts to registrar (filleted) - small 18.2

Hospitality Data Insights Limited - Accounts to registrar (filleted) - small 18.2

HOSPITALITY DATA INSIGHTS LIMITED - Company Information

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REGISTERED NUMBER: 08212431 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 September 2019

for

Hospitality Data Insights Limited
Hospitality Data Insights Limited (Registered number: 08212431)






Contents of the Financial Statements
for the Year Ended 30 September 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hospitality Data Insights Limited

Company Information
for the Year Ended 30 September 2019







DIRECTORS: J C Moir
D E Bagshaw





REGISTERED OFFICE: 90 Long Acre
Covent Garden
LONDON
WC2E 9RZ





REGISTERED NUMBER: 08212431 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
County Durham
DL3 7RT
Page 1
Hospitality Data Insights Limited (Registered number: 08212431)

Balance Sheet
30 September 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,789 -

CURRENT ASSETS
Debtors 5 208,457 107,885
Cash at bank 59,417 40,899
267,874 148,784
CREDITORS
Amounts falling due within one year 6 195,602 91,865
NET CURRENT ASSETS 72,272 56,919
TOTAL ASSETS LESS CURRENT
LIABILITIES
77,061
56,919

CAPITAL AND RESERVES
Called up share capital 7 895 895
Share premium 136,074 136,074
Retained earnings (59,908 ) (80,050 )
SHAREHOLDERS' FUNDS 77,061 56,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 15 January 2020 and were signed on its behalf by:




J C Moir - Director


The notes form part of these financial statements

Page 2
Hospitality Data Insights Limited (Registered number: 08212431)

Notes to the Financial Statements
for the Year Ended 30 September 2019

1. STATUTORY INFORMATION

Hospitality Data Insights Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

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.

Related party exemption
The company 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 which are under normal commercial terms.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Income recognition
Income is recognised when the conditions contained within a contract for services have been met.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and
Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or
directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.


Page 3 continued...
Hospitality Data Insights Limited (Registered number: 08212431)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2018 - 6 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2018 646
Additions 6,026
At 30 September 2019 6,672
DEPRECIATION
At 1 October 2018 646
Charge for year 1,237
At 30 September 2019 1,883
NET BOOK VALUE
At 30 September 2019 4,789
At 30 September 2018 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 208,398 107,885
Prepayments and accrued income 59 -
208,457 107,885

Page 4 continued...
Hospitality Data Insights Limited (Registered number: 08212431)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 11,740 12,848
Taxation and social security 41,686 25,360
Other creditors 53,776 -
Directors' current accounts - 40,740
Accruals and deferred income 88,400 12,917
195,602 91,865

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2019 2018
value: £    £   
89,445 Ordinary 1p 895 895

8. SHARE OPTIONS

The company has a share option scheme for employees to enable them to acquire ordinary shares of £0.01 each
in the capital of the company. Options are exercisable at a price of £0.10 per share.

Page 5