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REGISTERED NUMBER: 02475469 (England and Wales)















Financial Statements

for the Year Ended 31 August 2024

for

The Tele Marketing Co. Ltd

The Tele Marketing Co. Ltd (Registered number: 02475469)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


The Tele Marketing Co. Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M D Habba
D L Habba
N Habba
P N Habba





REGISTERED OFFICE: 26/27 Regency Square
Brighton
East Sussex
BN1 2FH





REGISTERED NUMBER: 02475469 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA

The Tele Marketing Co. Ltd (Registered number: 02475469)

Statement of Financial Position
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 5 156,340 116,990

CURRENT ASSETS
Debtors 6 2,100,145 2,007,320
Cash at bank and in hand 1,094,902 2,089,492
3,195,047 4,096,812
CREDITORS
Amounts falling due within one year 7 1,509,799 2,691,589
NET CURRENT ASSETS 1,685,248 1,405,223
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,841,588

1,522,213

CREDITORS
Amounts falling due after more than one
year

8

-

13,076
NET ASSETS 1,841,588 1,509,137

CAPITAL AND RESERVES
Called up share capital 1,100 1,100
Share premium 299,900 299,900
Retained earnings 1,540,588 1,208,137
SHAREHOLDERS' FUNDS 1,841,588 1,509,137

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

The Tele Marketing Co. Ltd (Registered number: 02475469)

Statement of Financial Position - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:





D L Habba - Director


The Tele Marketing Co. Ltd (Registered number: 02475469)

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

1. STATUTORY INFORMATION

The Tele Marketing Co. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Revenue 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.
Fixtures and fittings - 20% on cost
Motor vehicles - Straight line over 3 years
Computer equipment - Straight line over 2 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 251 (2023 - 247 ) .

The Tele Marketing Co. Ltd (Registered number: 02475469)

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

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 259,194 117,409 824,889 1,201,492
Additions 40,526 43,450 41,120 125,096
At 31 August 2024 299,720 160,859 866,009 1,326,588
DEPRECIATION
At 1 September 2023 199,695 117,409 767,398 1,084,502
Charge for year 23,926 13,276 48,544 85,746
At 31 August 2024 223,621 130,685 815,942 1,170,248
NET BOOK VALUE
At 31 August 2024 76,099 30,174 50,067 156,340
At 31 August 2023 59,499 - 57,491 116,990

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 1,979,492 1,365,137
Other debtors 120,653 642,183
2,100,145 2,007,320

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Hire purchase contracts (see note 9) 13,076 16,917
Trade creditors 79,323 125,620
Taxation and social security 611,641 179,745
Other creditors 805,759 2,369,307
1,509,799 2,691,589

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/8/24 31/8/23
£    £   
Hire purchase contracts (see note 9) - 13,076

The Tele Marketing Co. Ltd (Registered number: 02475469)

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

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31/8/24 31/8/23
£    £   
Gross obligations repayable:
Within one year 13,297 17,729
Between one and five years - 13,297
13,297 31,026

Finance charges repayable:
Within one year 221 812
Between one and five years - 221
221 1,033

Net obligations repayable:
Within one year 13,076 16,917
Between one and five years - 13,076
13,076 29,993