REGISTERED NUMBER: 06560719 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

101 Data Solutions Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B M Edgecombe

SECRETARY:

Miss H Richards

REGISTERED OFFICE:

The Island House

Midsomer Norton

Radstock

Somerset

BA3 2DZ

REGISTERED NUMBER:

06560719 (England and Wales)

ACCOUNTANTS:

King Watkins Ltd

The Island House

Midsomer Norton

Radstock

Somerset

BA3 2DZ

FIXED ASSETS

Tangible assets

4

214

3,631

CURRENT ASSETS

Stocks

5,987

93,357

Debtors

78,442

154,630

Cash at bank and in hand

204,586

196,870

289,015

444,857

CREDITORS

Amounts falling due within one year

126,790

252,999

NET CURRENT ASSETS

162,225

191,858

TOTAL ASSETS LESS CURRENT LIABILITIES

162,439

195,489

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

162,339

195,389

SHAREHOLDERS' FUNDS

162,439

195,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 25 June 2018 and were signed by:

B M Edgecombe - Director

1.	STATUTORY INFORMATION

101 Data Solutions 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 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.

Plant and machinery

-

20% residual value, 4 yrs straight line

Fixtures and fittings

-

20% residual value, 4 yrs straight line

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their

present location and condition.

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 6 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

9,170

Disposals

(8,100

)

At 31 March 2018

1,070

DEPRECIATION

At 1 April 2017

5,539

Eliminated on disposal

(4,683

)

At 31 March 2018

856

NET BOOK VALUE

At 31 March 2018

214

At 31 March 2017

3,631

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31st March 2018 Mr Edgecombe owed the company £15,232 (2017: £21,216 ).

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B M Edgecombe.