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REGISTERED NUMBER: 03624548 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TROJAN TELECOM COMPANY LIMITED

TROJAN TELECOM COMPANY LIMITED (REGISTERED NUMBER: 03624548)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TROJAN TELECOM COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: M A Reid



SECRETARY: Mrs V A Reid



REGISTERED OFFICE: South Stour Offices
Roman Road
Mersham
Ashford
Kent
TN25 7HS



BUSINESS ADDRESS: 87 Blean Common
Canterbury
Kent
CT2 9JH



REGISTERED NUMBER: 03624548 (England and Wales)



ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
Roman Road
Mersham
Ashford
Kent
TN25 7HS



BANKERS: National Westminster Bank PLC
7 St Georges Street
Canterbury
Kent
CT1 2JU

TROJAN TELECOM COMPANY LIMITED (REGISTERED NUMBER: 03624548)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,649 54,688

CURRENT ASSETS
Stocks 3,750 4,200
Debtors 5 125,735 573,739
Cash at bank and in hand 8,196 37,884
137,681 615,823
CREDITORS
Amounts falling due within one year 6 120,325 131,389
NET CURRENT ASSETS 17,356 484,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,005

539,122

PROVISIONS FOR LIABILITIES 7 4,774 5,636
NET ASSETS 58,231 533,486

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 58,131 533,386
SHAREHOLDERS' FUNDS 58,231 533,486

TROJAN TELECOM COMPANY LIMITED (REGISTERED NUMBER: 03624548)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 September 2024 and were signed by:





M A Reid - Director


TROJAN TELECOM COMPANY LIMITED (REGISTERED NUMBER: 03624548)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Trojan Telecom Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, and takes account of current and future returns on certain goods for which the company has given a 12 year warranty.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Research and development
Development costs in relation to new product lines are capitalised in the accounts as additions in the year in which the expenditure is incurred. Capitalised costs will be released to the profit and loss account over a period of 3 years from the time when the products are introduced to the market place.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken to the profit and loss account for the year.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TROJAN TELECOM COMPANY LIMITED (REGISTERED NUMBER: 03624548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 66,120 9,483 75,603
Additions - 6,984 6,984
At 31 March 2024 66,120 16,467 82,587
DEPRECIATION
At 1 April 2023 16,530 4,385 20,915
Charge for year 12,398 3,625 16,023
At 31 March 2024 28,928 8,010 36,938
NET BOOK VALUE
At 31 March 2024 37,192 8,457 45,649
At 31 March 2023 49,590 5,098 54,688

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Non factored trade debtors 125,720 567,994
Other debtors 15 5,745
125,735 573,739

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 29,230 26,000
Other creditors 91,095 105,389
120,325 131,389

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 4,774 5,636

TROJAN TELECOM COMPANY LIMITED (REGISTERED NUMBER: 03624548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 5,636
Provided during year (862 )
Balance at 31 March 2024 4,774

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £150,000 (2023 - £150,000) were paid to the director .

Mr M Reid - Director and Shareholder

At the balance sheet date Trojan Telecom Company Ltd owed Mr Reid £62,595 (2023 - £85,555).

9. ULTIMATE CONTROLLING PARTY

The controlling party is M A Reid.