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REGISTERED NUMBER: 08592869 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Crystal Clear Telecom Limited

Crystal Clear Telecom Limited (Registered number: 08592869)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Crystal Clear Telecom Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: S A Gower-Smith
H A Myers
M Hammond





REGISTERED OFFICE: Bourne House
23 Hinton Road
Bournemouth
Dorset
BH1 2EF





REGISTERED NUMBER: 08592869 (England and Wales)





ACCOUNTANTS: THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Crystal Clear Telecom Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Crystal Clear Telecom Limited for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Crystal Clear Telecom Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Crystal Clear Telecom Limited and state those matters that we have agreed to state to the Board of Directors of Crystal Clear Telecom Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crystal Clear Telecom Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Crystal Clear Telecom Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Crystal Clear Telecom Limited. You consider that Crystal Clear Telecom Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Crystal Clear Telecom Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX


5 March 2025

Crystal Clear Telecom Limited (Registered number: 08592869)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 54,535 33,035
Tangible assets 5 361,186 284,905
Investments 6 7,570 -
423,291 317,940

CURRENT ASSETS
Stocks 5,000 9,000
Debtors 7 34,862 48,856
Cash at bank and in hand 92,350 58,565
132,212 116,421
CREDITORS
Amounts falling due within one year 8 138,232 66,219
NET CURRENT (LIABILITIES)/ASSETS (6,020 ) 50,202
TOTAL ASSETS LESS CURRENT
LIABILITIES

417,271

368,142

CREDITORS
Amounts falling due after more than one
year

9

(19,144

)

(11,844

)

PROVISIONS FOR LIABILITIES (69,852 ) (54,803 )
NET ASSETS 328,275 301,495

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Revaluation reserve 10 40,350 15,350
Retained earnings 267,925 266,145
328,275 301,495

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

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

The directors acknowledge their 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.

Crystal Clear Telecom Limited (Registered number: 08592869)

Balance Sheet - continued
31 December 2024


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 5 March 2025 and were signed on its behalf by:





S A Gower-Smith - Director


Crystal Clear Telecom Limited (Registered number: 08592869)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Crystal Clear Telecom 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 5 years straight line
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% 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.

Taxation
Taxation for the year comprises current tax 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 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.


Crystal Clear Telecom Limited (Registered number: 08592869)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST OR VALUATION
At 1 January 2024 35,000
Revaluations 25,000
At 31 December 2024 60,000
AMORTISATION
At 1 January 2024 1,965
Amortisation for year 3,500
At 31 December 2024 5,465
NET BOOK VALUE
At 31 December 2024 54,535
At 31 December 2023 33,035

Crystal Clear Telecom Limited (Registered number: 08592869)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. INTANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 December 2024 is represented by:

Computer
software
£   
Valuation in 2021 19,650
Valuation in 2023 15,350
Valuation in 2024 25,000
60,000

If computer software had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 19,650 19,650

Computer software was valued on an open market basis on 31 December 2024 by the directors .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 609,465 8,084 12,499 21,311 651,359
Additions 183,785 - - - 183,785
At 31 December 2024 793,250 8,084 12,499 21,311 835,144
DEPRECIATION
At 1 January 2024 340,427 6,043 11,248 8,736 366,454
Charge for year 99,577 510 313 7,104 107,504
At 31 December 2024 440,004 6,553 11,561 15,840 473,958
NET BOOK VALUE
At 31 December 2024 353,246 1,531 938 5,471 361,186
At 31 December 2023 269,038 2,041 1,251 12,575 284,905

Crystal Clear Telecom Limited (Registered number: 08592869)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 7,570
At 31 December 2024 7,570
NET BOOK VALUE
At 31 December 2024 7,570

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,298 40,125
Other debtors 9,564 8,731
34,862 48,856

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,317 8,112
Trade creditors 73,186 32,326
Taxation and social security 26,637 18,844
Other creditors 30,092 6,937
138,232 66,219

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,016 11,844
Finance leases 15,000 -
Other creditors 1,128 -
19,144 11,844

10. RESERVES
Revaluation
reserve
£   
At 1 January 2024 15,350
Revaluation reserve 25,000

At 31 December 2024 40,350

Crystal Clear Telecom Limited (Registered number: 08592869)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


11. ULTIMATE CONTROLLING PARTY

The company's immediate parent is Crystal Clear Technology Group Ltd, incorporated in England and Wales.