HTR TELECOMMUNICATIONS LIMITED

Company Registration Number:
07938459 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

HTR TELECOMMUNICATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

HTR TELECOMMUNICATIONS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 798,354 827,767
Total fixed assets: 798,354 827,767
Current assets
Debtors:   9,896,628 9,069,307
Cash at bank and in hand: 15,543 17,105
Total current assets: 9,912,171 9,086,412
Creditors: amounts falling due within one year:   (9,199,954) (8,408,118)
Net current assets (liabilities): 712,217 678,294
Total assets less current liabilities: 1,510,571 1,506,061
Creditors: amounts falling due after more than one year:   (129,506) (129,506)
Provision for liabilities: (9,952) (18,457)
Total net assets (liabilities): 1,371,113 1,358,098
Capital and reserves
Called up share capital: 910,191 910,191
Profit and loss account: 460,922 447,907
Shareholders funds: 1,371,113 1,358,098

The notes form part of these financial statements

HTR TELECOMMUNICATIONS LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 November 2023
and signed on behalf of the board by:

Name: James Parfrey
Status: Director

The notes form part of these financial statements

HTR TELECOMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer equipment- interconnection that is depreciation at 3% reducing balance; Fixtures and fittings- 25% reducing balance.

Other accounting policies

Investments held as fixed assets are shown at historical cost. Foreign currencies monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the Profit and Loss Account.

HTR TELECOMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

HTR TELECOMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 979,868
At 28 February 2023 979,868
Depreciation
At 01 March 2022 152,101
Charge for year 29,413
At 28 February 2023 181,514
Net book value
At 28 February 2023 798,354
At 28 February 2022 827,767