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REGISTERED NUMBER: 13282850 (England and Wales)


Mills Woodhouse Telecoms Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025






Mills Woodhouse Telecoms Ltd (Registered number: 13282850)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Mills Woodhouse Telecoms Ltd

Company Information
for the year ended 31 March 2025







DIRECTOR: Mr W C Woodhouse





REGISTERED OFFICE: 17 Liverpool Street
London
EC2M 7PD





REGISTERED NUMBER: 13282850 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Mills Woodhouse Telecoms 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 Statement of Financial Position. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mills Woodhouse Telecoms Ltd for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position 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 director of Mills Woodhouse Telecoms Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mills Woodhouse Telecoms Ltd and state those matters that we have agreed to state to the director of Mills Woodhouse Telecoms Ltd 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 Mills Woodhouse Telecoms Ltd and its director for our work or for this report.

It is your duty to ensure that Mills Woodhouse Telecoms Ltd 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 loss of Mills Woodhouse Telecoms Ltd. You consider that Mills Woodhouse Telecoms Ltd 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 Mills Woodhouse Telecoms Ltd. 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.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


14 June 2025

Mills Woodhouse Telecoms Ltd (Registered number: 13282850)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 3 4,914 4,417

CURRENT ASSETS
Debtors 4 41,354 -
Cash at bank and in hand 243,009 406,873
284,363 406,873
CREDITORS
Amounts falling due within one year 5 59,979 205,610
NET CURRENT ASSETS 224,384 201,263
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,298

205,680

CREDITORS
Amounts falling due after more than one
year

6

(181,551

)

-

PROVISIONS FOR LIABILITIES 7 (1,224 ) (1,104 )
NET ASSETS 46,523 204,576

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 46,522 204,575
SHAREHOLDERS' FUNDS 46,523 204,576

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Mills Woodhouse Telecoms Ltd (Registered number: 13282850)

Statement of Financial Position - continued
31 March 2025


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 14 June 2025 and were signed by:





Mr W C Woodhouse - Director


Mills Woodhouse Telecoms Ltd (Registered number: 13282850)

Notes to the Financial Statements
for the year ended 31 March 2025

1. 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when:
-the amount of revenue can be reliably measured;
-it is probable that future economic benefits will flow to the entity;
-and specific criteria have been met for each of the company's activities.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

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.

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.

Mills Woodhouse Telecoms Ltd (Registered number: 13282850)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

1. 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 51 (2024 - 42 ) .

3. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 2,783 376 3,178 6,337
Additions 341 100 1,279 1,720
At 31 March 2025 3,124 476 4,457 8,057
DEPRECIATION
At 1 April 2024 890 184 846 1,920
Charge for year 443 58 722 1,223
At 31 March 2025 1,333 242 1,568 3,143
NET BOOK VALUE
At 31 March 2025 1,791 234 2,889 4,914
At 31 March 2024 1,893 192 2,332 4,417

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 40,884 -
Social security and other taxes 470 -
41,354 -

Mills Woodhouse Telecoms Ltd (Registered number: 13282850)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 25,584 299
Trade creditors 34 70,883
Tax - 46,149
Social security and other taxes - 13,170
VAT 28,745 49,724
Pensions control account 2,800 3,451
Directors' current accounts 321 19,174
Accrued expenses 2,495 2,760
59,979 205,610

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 28,860 -
Bank loans - 2-5 years 118,251 -
Bank loans more 5 yr by instal 34,440 -
181,551 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 34,440 -

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 1,224 1,104

Deferred
tax
£   
Balance at 1 April 2024 1,104
Provided during year 120
Balance at 31 March 2025 1,224

Mills Woodhouse Telecoms Ltd (Registered number: 13282850)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 April 2024 204,575
Deficit for the year (120,753 )
Dividends (37,300 )
At 31 March 2025 46,522

10. RELATED PARTY DISCLOSURES

Transactions with members of key management personnel.

Company owe £320.8 (2024: £19,174) at balance sheet date. Interest free loan payable on demand and presented within creditors.