IRIS Accounts Production v24.3.0.553 12761508 Board of Directors 1.3.23 29.2.24 29.2.24 28.11.24 0 0 false true false false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127615082023-02-28127615082024-02-29127615082023-03-012024-02-29127615082022-05-31127615082022-06-012023-02-28127615082023-02-2812761508ns15:EnglandWales2023-03-012024-02-2912761508ns14:PoundSterling2023-03-012024-02-2912761508ns10:Director12023-03-012024-02-2912761508ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2912761508ns10:SmallEntities2023-03-012024-02-2912761508ns10:Audited2023-03-012024-02-2912761508ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2912761508ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2912761508ns10:FullAccounts2023-03-012024-02-291276150812023-03-012024-02-2912761508ns10:OrdinaryShareClass12023-03-012024-02-2912761508ns10:Director22023-03-012024-02-2912761508ns10:Director32023-03-012024-02-2912761508ns10:Director52023-03-012024-02-2912761508ns10:Director82023-03-012024-02-2912761508ns10:RegisteredOffice2023-03-012024-02-2912761508ns5:CurrentFinancialInstruments2024-02-2912761508ns5:CurrentFinancialInstruments2023-02-2812761508ns5:ShareCapital2024-02-2912761508ns5:ShareCapital2023-02-2812761508ns5:RetainedEarningsAccumulatedLosses2024-02-2912761508ns5:RetainedEarningsAccumulatedLosses2023-02-2812761508ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2912761508ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-02-2812761508ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-03-012024-02-2912761508ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-02-2912761508ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-02-2812761508ns5:PlantMachinery2023-02-2812761508ns5:PlantMachinery2023-03-012024-02-2912761508ns5:PlantMachinery2024-02-2912761508ns5:PlantMachinery2023-02-2812761508ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2912761508ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2812761508ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: 12761508 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

ECLIPSE BROADBAND LIMITED

ECLIPSE BROADBAND LIMITED (REGISTERED NUMBER: 12761508)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ECLIPSE BROADBAND LIMITED

Company Information
for the year ended 29 February 2024







DIRECTORS: N M Barnett
C N Barnett
A S Gill
D J Watson
M R Batty





REGISTERED OFFICE: Global House
60b Queen Street
Horsham
West Sussex
RH13 5AD





REGISTERED NUMBER: 12761508 (England and Wales)





AUDITORS: Feist Hedgethorne Limited
Statutory Auditors
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

ECLIPSE BROADBAND LIMITED (REGISTERED NUMBER: 12761508)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 502,360 899,848
Tangible assets 5 19,571 12,746
521,931 912,594

CURRENT ASSETS
Debtors 6 1,127,713 422,515
Cash at bank 145,537 242,866
1,273,250 665,381
CREDITORS
Amounts falling due within one year 7 (716,586 ) (744,655 )
NET CURRENT ASSETS/(LIABILITIES) 556,664 (79,274 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,078,595

833,320

PROVISIONS FOR LIABILITIES (4,893 ) -
NET ASSETS 1,073,702 833,320

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 1,073,701 833,319
SHAREHOLDERS' FUNDS 1,073,702 833,320

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 Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





N M Barnett - Director


ECLIPSE BROADBAND LIMITED (REGISTERED NUMBER: 12761508)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Eclipse Broadband 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 presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest pound.

The principle place of business is Global House, 60B Queen Street, Horsham, West Sussex, RH13 5AD.

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.

Significant judgements and estimates
Preparation of the financial statements requires management to make significant judgements and estimates and these estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The items in the financial statements where these judgements and estimates have been made include the useful economic life of intangible and tangible fixed assets, the amortisation and depreciation of these asset and the recoverability of debtors.

Turnover
Revenue is measured at the fair value of the consideration received or receivable net of VAT and trade discounts, and is recognised as follows:

Revenue is recognised on a monthly basis for all calls and minutes, with advanced rentals for line and broadband deferred and recognised in the Profit and Loss in the relevant month.

Intangible assets
Customer acquisitions are capitalised at their fair value and are amortised over their useful economic life, which is 4 years.

Included within customer acquisitions are subscriber acquisition costs where they meet the criteria for capitalisation as an intangible asset, to the extent that they are supported by expected future cash inflows. These comprise the direct third-party costs of recruiting and retaining customers, net of incentives from network operators and provision for in-contract churn. They are amortised on a straight-line bases over the shorter of the customer life and the contractual period.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment-18 months on cost

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

ECLIPSE BROADBAND LIMITED (REGISTERED NUMBER: 12761508)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's financial statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid, the company has no further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability on the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Customer
acquisition
£   
COST
At 1 March 2023
and 29 February 2024 1,589,953
AMORTISATION
At 1 March 2023 690,105
Amortisation for year 397,488
At 29 February 2024 1,087,593
NET BOOK VALUE
At 29 February 2024 502,360
At 28 February 2023 899,848

ECLIPSE BROADBAND LIMITED (REGISTERED NUMBER: 12761508)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 27,401
Additions 28,412
At 29 February 2024 55,813
DEPRECIATION
At 1 March 2023 14,655
Charge for year 21,587
At 29 February 2024 36,242
NET BOOK VALUE
At 29 February 2024 19,571
At 28 February 2023 12,746

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 136,827 167,633
Amounts owed by group undertakings 913,916 163,535
Other debtors 76,970 91,347
1,127,713 422,515

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 237,666 147,631
Amounts owed to group undertakings - 188,951
Taxation and social security 296,025 126,510
Other creditors 182,895 281,563
716,586 744,655

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

ECLIPSE BROADBAND LIMITED (REGISTERED NUMBER: 12761508)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

As the Directors' report and income statement have been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with section 444(5B) of the Companies Act 2006.

The audit report was unqualified.
The senior statutory auditor was Chris Morey.
The auditor was Feist Hedgethorne Limited.

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is TalkTalk Holdings Limited.

Eclipse Broadband Ltd is a subsidiary of TalkTalk Telecom Group Limited. The lowest group into which the results of the company are consolidated is that headed by TalkTalk Telecom Group Limited.

Copies of its consolidated financial statements can be obtained from the company's board of directors at TalkTalk Telecom Group Limited, Soapworks, Ordsall Lane, United Kingdom M5 3TT.

12. EQUITY RESERVE

Share capital - This represents the nominal value of shares that have been issued.

Retained earnings - Includes all current and prior period retained profits and losses.