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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
Page
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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
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Telemetry Systems Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,850 
39,800 
Current assets
Debtors
117,988 
194,984 
Cash at bank and in hand
376,957 
252,866 
494,945 
447,850 
Creditors: amounts falling due within one year
21,312 
(80,347)
Net current assets
516,257 
367,503 
Net assets
546,107 
407,303 
Capital and reserves
Share premium
2 
2 
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
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Telemetry Systems Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
39,800 
At 31 March 2023
39,800 
Depreciation
Charge for the year
9,950 
At 31 March 2023
9,950 
Net book value
At 31 March 2023
29,850 
At 31 March 2022
39,800 
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Telemetry Systems Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,986 
99,982 
Other debtors
2 
2 
22,988 
99,984 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
95,000 
95,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
36,590 
30,436 
Trade creditors
2,754 
53,300 
Taxes and social security
46,938 
55,501 
Loans from directors
(107,594)
(75,690)
Accruals
- 
16,800 
(21,312)
80,347 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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