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REGISTERED NUMBER: 04215008 (England and Wales)











Financial Statements

for the Year Ended 30 September 2024

for

TMAC Wireless Solutions Ltd

TMAC Wireless Solutions Ltd (Registered number: 04215008)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TMAC Wireless Solutions Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: C W Everitt



REGISTERED OFFICE: Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



BUSINESS ADDRESS: Unit 9
Alpha Business Park
Whitehouse Road
Ipswich
Suffolk
IP1 5LT



REGISTERED NUMBER: 04215008 (England and Wales)



ACCOUNTANTS: Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



BANKERS: Barclays Bank PLC
Princes Street
Ipswich
Suffolk
IP1 1PB

TMAC Wireless Solutions Ltd (Registered number: 04215008)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 88,506 107,181
Investments 5 100 -
88,606 107,181

CURRENT ASSETS
Stocks 114,770 118,321
Debtors 6 48,363 74,823
Cash at bank and in hand 146,287 95,370
309,420 288,514
CREDITORS
Amounts falling due within one year 7 268,066 237,519
NET CURRENT ASSETS 41,354 50,995
TOTAL ASSETS LESS CURRENT LIABILITIES 129,960 158,176

CREDITORS
Amounts falling due after more than one
year

8

(30,451

)

(63,815

)

PROVISIONS FOR LIABILITIES 9 (22,127 ) (20,364 )
NET ASSETS 77,382 73,997

CAPITAL AND RESERVES
Called up share capital 10 90 90
Retained earnings 77,292 73,907
SHAREHOLDERS' FUNDS 77,382 73,997

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.

TMAC Wireless Solutions Ltd (Registered number: 04215008)

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

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:




Miss J F Southgate - Director



C W Everitt - Director


TMAC Wireless Solutions Ltd (Registered number: 04215008)

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

1. STATUTORY INFORMATION

TMAC Wireless Solutions 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. 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.
Fixtures and fittings - Straight line over 8 years
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

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.

TMAC Wireless Solutions Ltd (Registered number: 04215008)

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 23 (2023 - 23 ) .

TMAC Wireless Solutions Ltd (Registered number: 04215008)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 185,806 72,964 4,971 263,741
Additions - - 708 708
Disposals - - (1,245 ) (1,245 )
At 30 September 2024 185,806 72,964 4,434 263,204
DEPRECIATION
At 1 October 2023 80,397 72,964 3,199 156,560
Charge for year 18,276 - 1,107 19,383
Eliminated on disposal - - (1,245 ) (1,245 )
At 30 September 2024 98,673 72,964 3,061 174,698
NET BOOK VALUE
At 30 September 2024 87,133 - 1,373 88,506
At 30 September 2023 105,409 - 1,772 107,181

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 100
At 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,430 42,177
Amounts owed by group undertakings 665 -
Other debtors 32,268 32,646
48,363 74,823

TMAC Wireless Solutions Ltd (Registered number: 04215008)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 45,225 30,941
Trade creditors 94,012 99,730
Taxation and social security 73,720 53,324
Other creditors 55,109 53,524
268,066 237,519

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 30,451 63,815

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 22,127 20,364

Deferred
tax
£   
Balance at 1 October 2023 20,364
Provided during year 1,763
Balance at 30 September 2024 22,127

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
36 Ordinary A £1 36 36
36 Ordinary B £1 36 36
18 Ordinary C £1 18 18
90 90

11. POST BALANCE SHEET EVENTS

During the period the company hived down the TMAC side of its business to its subsidiary company TMAC Wireless Ltd.

In October 2024 this subsidiary was subsequently sold.