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Company Registration No. 10665083 (England and Wales)
Telekom Connect Limited Unaudited accounts for the year ended 31 March 2024
Telekom Connect Limited Unaudited accounts Contents
Page
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Telekom Connect Limited Company Information for the year ended 31 March 2024
Director
Betsy Joy
Company Number
10665083 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
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Telekom Connect Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
219,294 
219,294 
Current assets
Cash at bank and in hand
36,922 
36,922 
Creditors: amounts falling due within one year
(154,518)
(154,518)
Net current liabilities
(117,596)
(117,596)
Total assets less current liabilities
101,698 
101,698 
Creditors: amounts falling due after more than one year
(19,500)
(19,500)
Provisions for liabilities
Deferred tax
(103)
(103)
Net assets
82,095 
82,095 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
82,094 
82,094 
Shareholders' funds
82,095 
82,095 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 December 2024 and were signed on its behalf by
Betsy Joy Director Company Registration No. 10665083
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Telekom Connect Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Telekom Connect Limited is a private company, limited by shares, registered in England and Wales, registration number 10665083. The registered office is 124 City Road, London, EC1V 2NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over 5 years
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
218,750 
1,883 
220,633 
At 31 March 2024
218,750 
1,883 
220,633 
Depreciation
At 1 April 2023
- 
1,339 
1,339 
At 31 March 2024
- 
1,339 
1,339 
Net book value
At 31 March 2024
218,750 
544 
219,294 
At 31 March 2023
218,750 
544 
219,294 
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Telekom Connect Limited Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,000 
9,000 
Trade creditors
2,072 
2,072 
Taxes and social security
(6,936)
(6,936)
Other creditors
2,000 
2,000 
Loans from directors
148,382 
148,382 
154,518 
154,518 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,500 
19,500 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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