Registered number
03660654
Telecommunications Management (UK) Ltd
Filleted Accounts
30 September 2024
Telecommunications Management (UK) Ltd
Registered number: 03660654
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 42,915 42,450
Investments 4 391,851 391,851
434,766 434,301
Current assets
Debtors 5 139,994 128,658
Cash at bank and in hand 414,419 382,779
554,413 511,437
Creditors: amounts falling due within one year 6 (17,852) (15,702)
Net current assets 536,561 495,735
Net assets 971,327 930,036
Capital and reserves
Called up share capital 100 100
Profit and loss account 971,227 929,936
Shareholders' funds 971,327 930,036
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T Cullen
Director
Approved by the board on 23 July 2025
Telecommunications Management (UK) Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Directors 2024 2023
Number Number
Average number of directors 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 October 2023 42,393 12,028 54,421
Additions - 702 702
At 30 September 2024 42,393 12,730 55,123
Depreciation
At 1 October 2023 - 11,971 11,971
Charge for the year - 237 237
At 30 September 2024 - 12,208 12,208
Net book value
At 30 September 2024 42,393 522 42,915
At 30 September 2023 42,393 57 42,450
4 Investments
Other
investments
£
Cost
At 1 October 2023 391,851
At 30 September 2024 391,851
5 Debtors 2024 2023
£ £
Trade debtors 823 709
Amounts owed by group undertakings and undertakings in which the company has a participating interest 111,378 93,386
Other debtors 27,793 34,563
139,994 128,658
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 2,186 1,779
Taxation and social security costs 14,791 13,173
Other creditors 875 750
17,852 15,702
7 Other information
Telecommunications Management (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Longfield
Chester High Road
Neston
Wirral
CH64 3TH
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