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REGISTERED NUMBER: 05565347 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Reticom Ltd

Reticom Ltd (Registered number: 05565347)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Reticom Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: D M C Platt





REGISTERED OFFICE: Unit 8 Regents Trade Park
Barwell Lane
Gosport
Hampshire
PO13 0EQ





REGISTERED NUMBER: 05565347 (England and Wales)





ACCOUNTANTS: Moss & Co (Direct Accounts) Limited
Rapley House
29 Creek Road
Hayling Island
Hampshire
PO11 9QZ

Reticom Ltd (Registered number: 05565347)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 269,396 290,994

CURRENT ASSETS
Stocks 9,500 1,900
Debtors 5 463,636 374,736
Cash at bank and in hand 690,924 658,992
1,164,060 1,035,628
CREDITORS
Amounts falling due within one year 6 194,704 152,621
NET CURRENT ASSETS 969,356 883,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,238,752

1,174,001

CREDITORS
Amounts falling due after more than
one year

7

(16,749

)

(26,749

)

PROVISIONS FOR LIABILITIES (6,282 ) (7,887 )
NET ASSETS 1,215,721 1,139,365

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 1,215,719 1,139,363
SHAREHOLDERS' FUNDS 1,215,721 1,139,365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Reticom Ltd (Registered number: 05565347)

Balance Sheet - continued
30 September 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 director and authorised for issue on 11 April 2025 and were signed by:





D M C Platt - Director


Reticom Ltd (Registered number: 05565347)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Reticom Ltd 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 4% on cost
Plant and machinery - 25% on reducing balance
Furniture, fixtures & equipment - 15% 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 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.

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.

Reticom Ltd (Registered number: 05565347)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Furniture,
Freehold Plant and fixtures Motor
property machinery & equipment vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 259,947 4,525 43,792 67,567 375,831
Additions - - 209 - 209
At 30 September 2024 259,947 4,525 44,001 67,567 376,040
DEPRECIATION
At 1 October 2023 20,796 4,373 26,191 33,477 84,837
Charge for year 10,398 38 2,849 8,522 21,807
At 30 September 2024 31,194 4,411 29,040 41,999 106,644
NET BOOK VALUE
At 30 September 2024 228,753 114 14,961 25,568 269,396
At 30 September 2023 239,151 152 17,601 34,090 290,994

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 117,450 108,050
Amounts owed by group undertakings 334,186 266,686
Other debtors 12,000 -
463,636 374,736

Reticom Ltd (Registered number: 05565347)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 82,698 69,147
Tax 61,638 31,281
Social security and other taxes 2,568 3,645
VAT 43,340 44,584
Other creditors 29 -
Directors' current accounts 2,599 2,132
Accrued expenses 1,832 1,832
194,704 152,621

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans more 5 yr by instal 16,749 26,749

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 16,749 26,749

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 October 2023 1,139,363
Profit for the year 76,356
At 30 September 2024 1,215,719

10. RELATED PARTY DISCLOSURES

Reticom Limited had net outflow in the year of £67,500 (2023: £636) in respect of its Ultimate Holding Company, Reticom (Holdings) Limited.

There is a balance owed by Reticom (Holdings) Limited of £334,186 at 30th September 2024 (2023- £266,686)..

Reticom Ltd

Report of the Accountants to the Director of
Reticom Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Moss & Co (Direct Accounts) Limited
Rapley House
29 Creek Road
Hayling Island
Hampshire
PO11 9QZ


11 April 2025