Data Beyond IT & Electronic Systems Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09809204 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

DATA BEYOND IT & ELECTRONIC SYSTEMS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J O Pinto

REGISTERED OFFICE:

44 Wolfberry Drive

Liverpool

Merseyside

L11 1JU

REGISTERED NUMBER:

09809204 (England and Wales)

ACCOUNTANTS:

John Kerr - Chartered Accountants

375 Eaton Road

West Derby

Liverpool

Merseyside

L12 2AH

FIXED ASSETS

Tangible assets

4

5,026

1,853

CURRENT ASSETS

Debtors

5

2,611

-

Cash at bank

7,294

44,826

9,905

44,826

CREDITORS

Amounts falling due within one year

6

9,614

32,015

NET CURRENT ASSETS

291

12,811

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,317

14,664

PROVISIONS FOR LIABILITIES

955

371

NET ASSETS

4,362

14,293

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

4,262

14,193

SHAREHOLDERS' FUNDS

4,362

14,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 director on 8 March 2018 and were signed by:

J O Pinto - Director

1.	STATUTORY INFORMATION

Data Beyond IT & Electronic Systems Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Tangible fixed assets

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

Equipment

-

20% on 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 November 2016

2,316

Additions

4,546

At 31 October 2017

6,862

DEPRECIATION

At 1 November 2016

463

Charge for year

1,373

At 31 October 2017

1,836

NET BOOK VALUE

At 31 October 2017

5,026

At 31 October 2016

1,853

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

Trade debtors

2,600

-

Other debtors

11

-

2,611

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

Taxation and social security

-

6,946

Other creditors

9,614

25,069

9,614

32,015