Company Registration No. 05765038 (England and Wales)
Telemetry Systems Limited
Unaudited accounts
for the year ended 31 March 2023
Telemetry Systems Limited
Unaudited accounts
Contents
Telemetry Systems Limited
Company Information
for the year ended 31 March 2023
Directors
B J Greetham
S D Thomas
Company Number
05765038 (England and Wales)
Registered Office
17 Mill Lane
Crondall
Farnham
Surrey
GU10 8RP
Accountants
Leemook Accounting Services Limited
29 Errington Road
Picket Piece
Andover
Hants
SP11 6XF
Telemetry Systems Limited
Statement of financial position
as at 31 March 2023
Tangible assets
29,850
39,800
Cash at bank and in hand
376,957
252,866
Creditors: amounts falling due within one year
21,312
(80,347)
Net current assets
516,257
367,503
Net assets
546,107
407,303
Profit and loss account
546,105
407,301
Shareholders' funds
546,107
407,303
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 May 2023 and were signed on its behalf by
S D Thomas
Director
Company Registration No. 05765038
Telemetry Systems Limited
Notes to the Accounts
for the year ended 31 March 2023
Telemetry Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 05765038. The registered office is 17 Mill Lane, Crondall, Farnham, Surrey, GU10 8RP.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Plant & machinery - 25% straight line
Fixtures & fittings
Fixtures & Fittings - 25% straight line
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Tangible fixed assets
Plant & machinery
Telemetry Systems Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
22,986
99,982
Amounts falling due after more than one year
Amounts due from group undertakings etc.
95,000
95,000
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,754
53,300
Taxes and social security
46,938
55,501
Loans from directors
(107,594)
(75,690)
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Average number of employees
During the year the average number of employees was 1 (2022: 1).