CONVERSE TELECOM LIMITED
REGISTERED NUMBER: 04610392
BALANCE SHEET
AS AT 31 MARCH 2023
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Debtors: amounts falling due within one year
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Total assets less current liabilities
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For the year ended 31 March 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2023.
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J N Wilson
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The notes on pages 2 to 3 form part of these financial statements.
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CONVERSE TELECOM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Converse Telecom Limited is a private company limited by shares incorporated in
England and Wales. Registered number 04610392.
The registered office is located at Glebe Farm, Down Street, Dummer, Basingstoke, 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
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Amounts owed by group undertakings
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Amounts owed by group undertakings are interest free and repayable on demand.
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The Company has entered into a cross guarantee agreement to secure the bank loans of Southern Communications Group Limited and its subsiduaries. At the year end, the value of total outstanding facilities were £222,234,755 (2022: £205,637,194).
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CONVERSE TELECOM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
The Company's immediate parent is Southern Communications Holdings Limited, incorporated in England and Wales.
The parent of the smallest group for which consolidated accounts are prepared is Southern
Communications Group Limited. These financial statements are available upon request from Glebe Farm, Down Street, Dummer, Basingstoke, Hampshire RG25 2AD.
The ultimate parent Company is Saint Topco Limited. The Directors
believe there to be no ultimate controlling party.
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