2022-11-012023-10-312023-10-31true11637267SUPPORTED NETWORKS LIMITED2024-10-30iso4217:GBPxbrli:pure116372672022-11-01116372672023-10-31116372672022-11-012023-10-31116372672021-11-01116372672022-10-31116372672021-11-012022-10-3111637267bus:SmallEntities2022-11-012023-10-3111637267bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3111637267bus:FullAccounts2022-11-012023-10-3111637267bus:PrivateLimitedCompanyLtd2022-11-012023-10-3111637267core:WithinOneYear2023-10-3111637267core:AfterOneYear2023-10-3111637267core:WithinOneYear2022-10-3111637267core:AfterOneYear2022-10-3111637267core:ShareCapital2023-10-3111637267core:SharePremium2023-10-3111637267core:RevaluationReserve2023-10-3111637267core:OtherReservesSubtotal2023-10-3111637267core:RetainedEarningsAccumulatedLosses2023-10-3111637267core:ShareCapital2022-10-3111637267core:SharePremium2022-10-3111637267core:RevaluationReserve2022-10-3111637267core:OtherReservesSubtotal2022-10-3111637267core:RetainedEarningsAccumulatedLosses2022-10-3111637267core:LandBuildings2023-10-3111637267core:PlantMachinery2023-10-3111637267core:Vehicles2023-10-3111637267core:FurnitureFittings2023-10-3111637267core:OfficeEquipment2023-10-3111637267core:NetGoodwill2023-10-3111637267core:IntangibleAssetsOtherThanGoodwill2023-10-3111637267core:ListedExchangeTraded2023-10-3111637267core:UnlistedNon-exchangeTraded2023-10-3111637267core:LandBuildings2022-10-3111637267core:PlantMachinery2022-10-3111637267core:Vehicles2022-10-3111637267core:FurnitureFittings2022-10-3111637267core:OfficeEquipment2022-10-3111637267core:NetGoodwill2022-10-3111637267core:IntangibleAssetsOtherThanGoodwill2022-10-3111637267core:ListedExchangeTraded2022-10-3111637267core:UnlistedNon-exchangeTraded2022-10-3111637267core:LandBuildings2022-11-012023-10-3111637267core:PlantMachinery2022-11-012023-10-3111637267core:Vehicles2022-11-012023-10-3111637267core:FurnitureFittings2022-11-012023-10-3111637267core:OfficeEquipment2022-11-012023-10-3111637267core:NetGoodwill2022-11-012023-10-3111637267core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111637267core:ListedExchangeTraded2022-11-012023-10-3111637267core:UnlistedNon-exchangeTraded2022-11-012023-10-3111637267core:MoreThanFiveYears2022-11-012023-10-3111637267core:Non-currentFinancialInstruments2023-10-3111637267core:Non-currentFinancialInstruments2022-10-3111637267dpl:CostSales2022-11-012023-10-3111637267dpl:DistributionCosts2022-11-012023-10-3111637267core:LandBuildings2022-11-012023-10-3111637267core:PlantMachinery2022-11-012023-10-3111637267core:Vehicles2022-11-012023-10-3111637267core:FurnitureFittings2022-11-012023-10-3111637267core:OfficeEquipment2022-11-012023-10-3111637267dpl:AdministrativeExpenses2022-11-012023-10-3111637267core:NetGoodwill2022-11-012023-10-3111637267core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111637267dpl:GroupUndertakings2022-11-012023-10-3111637267dpl:ParticipatingInterests2022-11-012023-10-3111637267dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3111637267core:ListedExchangeTraded2022-11-012023-10-3111637267dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3111637267core:UnlistedNon-exchangeTraded2022-11-012023-10-3111637267dpl:CostSales2021-11-012022-10-3111637267dpl:DistributionCosts2021-11-012022-10-3111637267core:LandBuildings2021-11-012022-10-3111637267core:PlantMachinery2021-11-012022-10-3111637267core:Vehicles2021-11-012022-10-3111637267core:FurnitureFittings2021-11-012022-10-3111637267core:OfficeEquipment2021-11-012022-10-3111637267dpl:AdministrativeExpenses2021-11-012022-10-3111637267core:NetGoodwill2021-11-012022-10-3111637267core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3111637267dpl:GroupUndertakings2021-11-012022-10-3111637267dpl:ParticipatingInterests2021-11-012022-10-3111637267dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3111637267core:ListedExchangeTraded2021-11-012022-10-3111637267dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3111637267core:UnlistedNon-exchangeTraded2021-11-012022-10-3111637267core:NetGoodwill2023-10-3111637267core:IntangibleAssetsOtherThanGoodwill2023-10-3111637267core:LandBuildings2023-10-3111637267core:PlantMachinery2023-10-3111637267core:Vehicles2023-10-3111637267core:FurnitureFittings2023-10-3111637267core:OfficeEquipment2023-10-3111637267core:AfterOneYear2023-10-3111637267core:WithinOneYear2023-10-3111637267core:ListedExchangeTraded2023-10-3111637267core:UnlistedNon-exchangeTraded2023-10-3111637267core:ShareCapital2023-10-3111637267core:SharePremium2023-10-3111637267core:RevaluationReserve2023-10-3111637267core:OtherReservesSubtotal2023-10-3111637267core:RetainedEarningsAccumulatedLosses2023-10-3111637267core:NetGoodwill2022-10-3111637267core:IntangibleAssetsOtherThanGoodwill2022-10-3111637267core:LandBuildings2022-10-3111637267core:PlantMachinery2022-10-3111637267core:Vehicles2022-10-3111637267core:FurnitureFittings2022-10-3111637267core:OfficeEquipment2022-10-3111637267core:AfterOneYear2022-10-3111637267core:WithinOneYear2022-10-3111637267core:ListedExch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SUPPORTED NETWORKS LIMITED

Registered Number
11637267
(England and Wales)

Unaudited Dormant Financial Statements for the Year ended
31 October 2023

SUPPORTED NETWORKS LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

GAFFNEY, Joseph William

Registered Address

46 Riverslea Road
Coventry
CV3 1LD

Registered Number

11637267 (England and Wales)
SUPPORTED NETWORKS LIMITED
Statement of Financial Position
31 October 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors338,23840,084
Cash at bank and on hand61
38,24440,085
Creditors amounts falling due within one year4(42,585)(43,106)
Net current assets (liabilities)(4,341)(3,021)
Total assets less current liabilities(4,341)(3,021)
Net assets(4,341)(3,021)
Capital and reserves
Called up share capital11
Profit and loss account(4,342)(3,022)
Shareholders' funds(4,341)(3,021)
The financial statements were approved and authorised for issue by the Director on 30 October 2024, and are signed on its behalf by:
GAFFNEY, Joseph William
Director
Registered Company No. 11637267
SUPPORTED NETWORKS LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
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.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
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).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
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.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
2.Average number of employees

20232022
Average number of employees during the year00
3.Debtors: amounts due within one year

2023

2022

££
Amounts owed by associates and joint ventures / participating interests27,13728,951
Other debtors11,10111,132
Called up share capital not paid, current asset-1
Total38,23840,084
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables54-
Bank borrowings and overdrafts42,08142,906
Accrued liabilities and deferred income450200
Total42,58543,106
5.Provisions for liabilities
6.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
GAFFNEY, Joseph William28,95101,81427,137
28,95101,81427,137
7.Controlling party
The ultimate controlling party is Joseph William Gaffney.