2022-04-012023-03-312023-03-31false04639253TELEMASTER LIMITED2023-11-1496090iso4217:GBPxbrli:pure046392532022-04-01046392532023-03-31046392532022-04-012023-03-31046392532021-04-01046392532022-03-31046392532021-04-012022-03-3104639253bus:SmallEntities2022-04-012023-03-3104639253bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3104639253bus:FullAccounts2022-04-012023-03-3104639253bus:PrivateLimitedCompanyLtd2022-04-012023-03-3104639253core:WithinOneYear2023-03-3104639253core:AfterOneYear2023-03-3104639253core:WithinOneYear2022-03-3104639253core:AfterOneYear2022-03-3104639253core:ShareCapital2023-03-3104639253core:SharePremium2023-03-3104639253core:RevaluationReserve2023-03-3104639253core:OtherReservesSubtotal2023-03-3104639253core:RetainedEarningsAccumulatedLosses2023-03-3104639253core:ShareCapital2022-03-3104639253core:SharePremium2022-03-3104639253core:RevaluationReserve2022-03-3104639253core:OtherReservesSubtotal2022-03-3104639253core:RetainedEarningsAccumulatedLosses2022-03-3104639253core:LandBuildings2023-03-3104639253core:PlantMachinery2023-03-3104639253core:Vehicles2023-03-3104639253core:FurnitureFittings2023-03-3104639253core:OfficeEquipment2023-03-3104639253core:NetGoodwill2023-03-3104639253core:IntangibleAssetsOtherThanGoodwill2023-03-3104639253core:ListedExchangeTraded2023-03-3104639253core:UnlistedNon-exchangeTraded2023-03-3104639253core:LandBuildings2022-03-3104639253core:PlantMachinery2022-03-3104639253core:Vehicles2022-03-3104639253core:FurnitureFittings2022-03-3104639253core:OfficeEquipment2022-03-3104639253core:NetGoodwill2022-03-3104639253core:IntangibleAssetsOtherThanGoodwill2022-03-3104639253core:ListedExchangeTraded2022-03-3104639253core:UnlistedNon-exchangeTraded2022-03-3104639253core:LandBuildings2022-04-012023-03-3104639253core:PlantMachinery2022-04-012023-03-3104639253core:Vehicles2022-04-012023-03-3104639253core:FurnitureFittings2022-04-012023-03-3104639253core:OfficeEquipment2022-04-012023-03-3104639253core:NetGoodwill2022-04-012023-03-3104639253core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104639253core:ListedExchangeTraded2022-04-012023-03-3104639253core:UnlistedNon-exchangeTraded2022-04-012023-03-3104639253core:MoreThanFiveYears2022-04-012023-03-3104639253core:Non-currentFinancialInstruments2023-03-3104639253core:Non-currentFinancialInstruments2022-03-3104639253dpl:CostSales2022-04-012023-03-3104639253dpl:DistributionCosts2022-04-012023-03-3104639253core:LandBuildings2022-04-012023-03-3104639253core:PlantMachinery2022-04-012023-03-3104639253core:Vehicles2022-04-012023-03-3104639253core:FurnitureFittings2022-04-012023-03-3104639253core:OfficeEquipment2022-04-012023-03-3104639253dpl:AdministrativeExpenses2022-04-012023-03-3104639253core:NetGoodwill2022-04-012023-03-3104639253core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3104639253dpl:GroupUndertakings2022-04-012023-03-3104639253dpl:ParticipatingInterests2022-04-012023-03-3104639253dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3104639253core:ListedExchangeTraded2022-04-012023-03-3104639253dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3104639253core:UnlistedNon-exchangeTraded2022-04-012023-03-3104639253dpl:CostSales2021-04-012022-03-3104639253dpl:DistributionCosts2021-04-012022-03-3104639253core:LandBuildings2021-04-012022-03-3104639253core:PlantMachinery2021-04-012022-03-3104639253core:Vehicles2021-04-012022-03-3104639253core:FurnitureFittings2021-04-012022-03-3104639253core:OfficeEquipment2021-04-012022-03-3104639253dpl:AdministrativeExpenses2021-04-012022-03-3104639253core:NetGoodwill2021-04-012022-03-3104639253core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3104639253dpl:GroupUndertakings2021-04-012022-03-3104639253dpl:ParticipatingInterests2021-04-012022-03-3104639253dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3104639253core:ListedExchangeTraded2021-04-012022-03-3104639253dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3104639253core:UnlistedNon-exchangeTraded2021-04-012022-03-3104639253core:NetGoodwill2023-03-3104639253core:IntangibleAssetsOtherThanGoodwill2023-03-3104639253core:LandBuildings2023-03-3104639253core:PlantMachinery2023-03-3104639253core:Vehicles2023-03-3104639253core:FurnitureFittings2023-03-3104639253core:OfficeEquipment2023-03-3104639253core:AfterOneYear2023-03-3104639253core:WithinOneYear2023-03-3104639253core:ListedExchangeTraded2023-03-3104639253core:UnlistedNon-exchangeTraded2023-03-3104639253core:ShareCapital2023-03-3104639253core:SharePremium2023-03-3104639253core:RevaluationReserve2023-03-3104639253core:OtherReservesSubtotal2023-03-3104639253core:RetainedEarningsAccumulatedLosses2023-03-3104639253core:NetGoodwill2022-03-3104639253core:IntangibleAssetsOtherThanGoodwill2022-03-3104639253core:LandBuildings2022-03-3104639253core:PlantMachinery2022-03-3104639253core:Vehicles2022-03-3104639253core:FurnitureFittings2022-03-3104639253core:OfficeEquipment2022-03-3104639253core:AfterOneYear2022-03-3104639253core:WithinOneYear2022-03-3104639253core:Liste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TELEMASTER LIMITED

Registered Number
04639253
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

TELEMASTER LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

Allison Jane Mullen
James Robinson

Registered Address

116 Aylesbury Road
Bedford
MK41 9RF

Place of Business

9-11 Chester Court

Alfreton Road

Derby

DE21 4AB


Registered Number

04639253 (England and Wales)
TELEMASTER LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets69,52710,301
9,52710,301
Current assets
Debtors7313,709178,566
Cash at bank and on hand502,347276,648
816,056455,214
Creditors amounts falling due within one year8(509,714)(197,636)
Net current assets (liabilities)306,342257,578
Total assets less current liabilities315,869267,879
Creditors amounts falling due after one year9(21,694)(31,667)
Provisions for liabilities10(1,810)(2,319)
Net assets292,365233,893
Capital and reserves
Called up share capital100100
Profit and loss account292,265233,793
Shareholders' funds292,365233,893
The financial statements were approved and authorised for issue by the Board of Directors on 14 November 2023, and are signed on its behalf by:
Allison Jane Mullen
Director
Registered Company No. 04639253
TELEMASTER LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are initially measured at cost and subsequently at cost or valuation net of depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
Revenue recognition policy
Turnover is recognised at the fair value of the consideration received for goods and services provided in the normal course of business and is shown net of VAT and other sales related taxes. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Employee benefits policy
Contributions to defined contribution pension plans are charged as an expense in the period to which they relate. The costs if short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employees services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Valuation of financial instruments policy
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Financial liabilities are classified according to the substance of the contractual arrangements entered into. Basic financial liabilities, including creditors and bank loans are initially reconised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial assets and liabilities are offset, with the net amounts presented in the financial statements when there is a legally enforceable right to set off recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
5.Employee information

20232022
Average number of employees during the year87
6.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 April 2242,14142,141
Additions2,4022,402
At 31 March 2344,54344,543
Depreciation and impairment
At 01 April 2231,84031,840
Charge for year3,1763,176
At 31 March 2335,01635,016
Net book value
At 31 March 239,5279,527
At 31 March 2210,30110,301
7.Debtors

2023

2022

££
Trade debtors / trade receivables154,56775,033
Other debtors157,999102,106
Prepayments and accrued income1,1431,427
Total313,709178,566
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables47,7631,154
Bank borrowings and overdrafts9,97310,000
Taxation and social security94,16744,678
Other creditors355,716139,802
Accrued liabilities and deferred income2,0952,002
Total509,714197,636
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts21,69431,667
Total21,69431,667
10.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)1,8102,319
Total1,8102,319