HELLO TELECOM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
The Company is a private company limited by share capital incorporated in England and Wales.
The address of its registered office and principal place of business is:
Glebe Farm
Down Street
Dummer
Hampshire
RG25 2AD
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
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Due after more than one year
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The Company has entered into a cross guarantee arrangement to secure the bank loans of the Southern
Communications Group Limited and its subsidiaries. At the year end, the total outstanding facilities were
£222,234,755 (2022: £205,637,194).
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