Datalytyx MSS Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06729562 (England and Wales)

Datalytyx MSS Limited

Unaudited Financial Statements for the Year Ended 30 June 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J O Mullen

B St Leger

REGISTERED OFFICE:

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

REGISTERED NUMBER:

06729562 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Tangible assets

4

1,885

10,832

CURRENT ASSETS

Debtors

5

772,806

1,350,757

Cash at bank

127,693

281,403

900,499

1,632,160

CREDITORS

Amounts falling due within one year

6

729,033

1,470,056

NET CURRENT ASSETS

171,466

162,104

TOTAL ASSETS LESS CURRENT LIABILITIES

173,351

172,936

PROVISIONS FOR LIABILITIES

1,618

2,069

NET ASSETS

171,733

170,867

CAPITAL AND RESERVES

Called up share capital

8,420

8,420

Capital redemption reserve

1,580

1,580

Retained earnings

161,733

160,867

SHAREHOLDERS' FUNDS

171,733

170,867

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 31 March 2020 and were signed on its behalf by:

J O Mullen - Director

1.	STATUTORY INFORMATION

Datalytyx MSS 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.

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 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.

Turnover

Turnover represents the invoiced value, net of value added tax and discounts, of services and recharged expenses supplied by

the company.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2018

35,046

Additions

2,127

Disposals

(35,046

)

At 30 June 2019

2,127

DEPRECIATION

At 1 July 2018

24,214

Charge for year

4,445

Eliminated on disposal

(28,417

)

At 30 June 2019

242

NET BOOK VALUE

At 30 June 2019

1,885

At 30 June 2018

10,832

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade debtors

14,711

79,918

Other debtors

758,095

1,270,839

772,806

1,350,757

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade creditors

43,037

79,499

Amounts owed to group undertakings

266,563

-

Taxation and social security

364

1,634

Other creditors

419,069

1,388,923

729,033

1,470,056