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REGISTERED NUMBER: 07259335 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2023

for

Telecoms Solutions Limited

Telecoms Solutions Limited (Registered number: 07259335)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Telecoms Solutions Limited

Company Information
for the Year Ended 31st March 2023







DIRECTOR: G R M Thomas





REGISTERED OFFICE: Claydon House
1 Edison Road
Aylesbury
Buckinghamshire
HP19 8TE





REGISTERED NUMBER: 07259335 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

Telecoms Solutions Limited (Registered number: 07259335)

Balance Sheet
31st March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,768 23,836

CURRENT ASSETS
Debtors 5 208,219 240,066
Cash at bank and in hand 222,142 127,265
430,361 367,331
CREDITORS
Amounts falling due within one year 6 287,565 279,233
NET CURRENT ASSETS 142,796 88,098
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,564

111,934

CREDITORS
Amounts falling due after more than one
year

7

(52,089

)

(52,199

)

PROVISIONS FOR LIABILITIES (4,929 ) (4,529 )
NET ASSETS 131,546 55,206

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 131,446 55,106
SHAREHOLDERS' FUNDS 131,546 55,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

Telecoms Solutions Limited (Registered number: 07259335)

Balance Sheet - continued
31st March 2023


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 director and authorised for issue on 23rd October 2023 and were signed by:





G R M Thomas - Director


Telecoms Solutions Limited (Registered number: 07259335)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. STATUTORY INFORMATION

Telecoms 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.

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.

Income recognition
Turnover comprises income and commissions receivable in respect of services provided, excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost and 20% on cost

Government grants
Government grants receivable during the year are shown in Other Operating Income.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2022 - 3 ) .

Telecoms Solutions Limited (Registered number: 07259335)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2022 41,487
Additions 54,248
Disposals (31,946 )
At 31st March 2023 63,789
DEPRECIATION
At 1st April 2022 17,651
Charge for year 13,150
Eliminated on disposal (12,780 )
At 31st March 2023 18,021
NET BOOK VALUE
At 31st March 2023 45,768
At 31st March 2022 23,836

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st April 2022 31,946
Additions 52,379
Disposals (31,946 )
At 31st March 2023 52,379
DEPRECIATION
At 1st April 2022 12,780
Charge for year 10,476
Eliminated on disposal (12,780 )
At 31st March 2023 10,476
NET BOOK VALUE
At 31st March 2023 41,903
At 31st March 2022 19,166

Telecoms Solutions Limited (Registered number: 07259335)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 65,573 118,973
Amounts recoverable on contracts 139,271 119,119
Prepayments 3,375 1,974
208,219 240,066

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 8) 5,290 4,457
Trade creditors 161,051 146,359
Taxation 71,410 52,458
Social security and other taxes 19,268 56,974
Other creditors 15,495 5,103
Director's loan account 1,458 458
Accruals and deferred income 3,593 3,424
287,565 279,233

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 25,000 35,000
Hire purchase contracts (see note 8) 27,089 17,199
52,089 52,199

Telecoms Solutions Limited (Registered number: 07259335)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.3.23 31.3.22
£    £   
Gross obligations repayable:
Within one year 7,982 4,457
Between one and five years 31,929 17,199
39,911 21,656

Finance charges repayable:
Within one year 2,692 -
Between one and five years 4,840 -
7,532 -

Net obligations repayable:
Within one year 5,290 4,457
Between one and five years 27,089 17,199
32,379 21,656

Non-cancellable operating leases
31.3.23 31.3.22
£    £   
Within one year 15,000 -
Between one and five years 56,250 -
71,250 -

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Telecoms Solutions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Telecoms Solutions Limited for the year ended 31st March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Telecoms Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Telecoms Solutions Limited and state those matters that we have agreed to state to the director of Telecoms Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Telecoms Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Telecoms Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Telecoms Solutions Limited. You consider that Telecoms Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Telecoms Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


23rd October 2023