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

REGISTERED NUMBER: 09147644 (England and Wales)

Datalytyx 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

J D Webb

SECRETARY:

R Gupta FCA, FCCA

REGISTERED OFFICE:

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

REGISTERED NUMBER:

09147644 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Intangible assets

4

1,039,522

-

Tangible assets

5

20,467

8,264

Investments

6

1,320,000

1,300,000

2,379,989

1,308,264

CURRENT ASSETS

Debtors

7

2,741,840

3,133,783

Cash at bank and in hand

475,261

222,282

3,217,101

3,356,065

CREDITORS

Amounts falling due within one year

8

3,059,473

3,107,414

NET CURRENT ASSETS

157,628

248,651

TOTAL ASSETS LESS CURRENT LIABILITIES

2,537,617

1,556,915

CREDITORS

Amounts falling due after more than one year

9

(200,000

)

(200,000

)

PROVISIONS FOR LIABILITIES

(3,889

)

(1,570

)

NET ASSETS

2,333,728

1,355,345

CAPITAL AND RESERVES

Called up share capital

126,815

106,815

Share premium

993,185

993,185

Other reserves

800,000

-

Retained earnings

413,728

255,345

SHAREHOLDERS' FUNDS

2,333,728

1,355,345

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 D Webb - Director

1.	STATUTORY INFORMATION

Datalytyx 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax

and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost unless in the event of a business combination when fair value would be used.

After initial recognition, intangible assets are measured at cost or fair value less any accumulated amortisation and any

accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful live of five years.

Computer software is being amortised evenly over its estimated useful live of five years.

Tangible fixed assets

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

Plant and machinery etc

-

50% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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 36 (2018 - 37 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

1,299,403

At 30 June 2019

1,299,403

AMORTISATION

Charge for year

259,881

At 30 June 2019

259,881

NET BOOK VALUE

At 30 June 2019

1,039,522

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2018

21,520

Additions

24,516

At 30 June 2019

46,036

DEPRECIATION

At 1 July 2018

13,256

Charge for year

12,313

At 30 June 2019

25,569

NET BOOK VALUE

At 30 June 2019

20,467

At 30 June 2018

8,264

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2018

1,300,000

Additions

20,000

At 30 June 2019

1,320,000

NET BOOK VALUE

At 30 June 2019

1,320,000

At 30 June 2018

1,300,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade debtors

1,275,190

762,731

Other debtors

1,466,650

2,371,052

2,741,840

3,133,783

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade creditors

285,671

235,154

Taxation and social security

216,457

165,424

Other creditors

2,557,345

2,706,836

3,059,473

3,107,414

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.19

30.6.18

£

£

Other creditors

200,000

200,000