TELECOM ONLINE LIMITED

Company Registration Number:
03221232 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

TELECOM ONLINE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

TELECOM ONLINE LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Current assets
Debtors:   3,416,634 3,503,269
Cash at bank and in hand: 83,776 81,561
Investments: 3 4,951,098 4,951,098
Total current assets: 8,451,508 8,535,928
Creditors: amounts falling due within one year:   (996,959) (1,074,409)
Net current assets (liabilities): 7,454,549 7,461,519
Total assets less current liabilities: 7,454,549 7,461,519
Total net assets (liabilities): 7,454,549 7,461,519
Capital and reserves
Called up share capital: 1,307,724 1,307,724
Share premium account: 4,401,675 4,401,675
Profit and loss account: 1,745,150 1,752,120
Shareholders funds: 7,454,549 7,461,519

The notes form part of these financial statements

TELECOM ONLINE LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 May 2025
and signed on behalf of the board by:

Name: A Dinis
Status: Director

The notes form part of these financial statements

TELECOM ONLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TELECOM ONLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

TELECOM ONLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Current investments

17.50% (2021: 17.50%) shareholding in Fan2Sport SAS of £6,085 (2021: £6,085), 36.93% (2021: 36.93%) shareholding in Willink SAS of £4,898,999 (2021: £4,898,999) and 61.00% (2021:61.00%) shareholding in Zecharger SAS of £46,014 (2021: £46,014)

TELECOM ONLINE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Financial commitments

The directors are not aware of any capital commitments at the year end.