Company No: 03491951 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	50,722		31,666
		50,722		31,666
Current assets
Stocks		58,876		47,089
Debtors	5	831,072		918,631
Cash at bank and in hand		332,353		311,620
		1,222,301		1,277,340
Creditors: amounts falling due within one year	6	( 1,169,312)		( 1,221,305)
Net current assets		52,989		56,035
Total assets less current liabilities		103,711		87,701
Creditors: amounts falling due after more than one year	7	( 29,167)		( 79,167)
Provision for liabilities	8	( 12,681)		( 7,917)
Net assets		61,863		617
Capital and reserves
Called-up share capital		200		200
Profit and loss account		61,663		417
Total shareholder's funds		61,863		617

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Micron Communications Limited (registered number: 03491951) were approved and authorised for issue by the Board of Directors on 29 August 2025. They were signed on its behalf by:

B Marks Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Micron Communications Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Motivo Bluebell Road, Alvington, Yeovil, BA20 2FG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

5 years straight line

Goodwill

Goodwill arises on business combinations and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill has been fully amortised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes cost of materials. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	45		40

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 February 2024	700,000		700,000
At 31 January 2025	700,000		700,000
Accumulated amortisation
At 01 February 2024	700,000		700,000
At 31 January 2025	700,000		700,000
Net book value
At 31 January 2025	0		0
At 31 January 2024	0		0

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 February 2024	189,603		189,603
Additions	31,669		31,669
At 31 January 2025	221,272		221,272
Accumulated depreciation
At 01 February 2024	157,937		157,937
Charge for the financial year	12,613		12,613
At 31 January 2025	170,550		170,550
Net book value
At 31 January 2025	50,722		50,722
At 31 January 2024	31,666		31,666

5. Debtors

	2025		2024
	£		£
Trade debtors	567,100		581,013
Amounts owed by Group undertakings	0		64,015
Other debtors	263,972		273,603
	831,072		918,631

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	66,622		55,722
Trade creditors	239,774		369,213
Amounts owed to directors	12,978		0
Accruals and deferred income	576,664		519,768
Taxation and social security	273,274		276,602
	1,169,312		1,221,305

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	29,167		79,167

There are no amounts included above in respect of which any security has been given by the small entity.

Within bank loans is a balance of £79,167 (2024 - £129,167) relating to an outstanding amount due from a Coronavirus Business Interruption Loan. The UK government have guaranteed 80% of the value of the loan (being £63.334) as well as agreeing to pay interest and fees for the first 12 months.

8. Provision for liabilities

	2025		2024
	£		£
Deferred tax	12,681		7,917

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	23,000		0
between one and five years	92,000		0
after five years	69,000		0
	184,000		0

The total non-cancellable operating lease payments are in relation to the business premises.

10. Related party transactions

Transactions with the entity's directors

Advances

The Directors' loan accounts are repayable on demand and interest is charged on overdrawn balances exceeding £10,000 per director at the official HMRC rates.

At 1 February 2024, the balance owed by the directors was £22,522. During the year, the company received payments from the directors of £22,522 . At 31 January 2025, the balance owed by the directors was £nil.

At 1 February 2023, the balance owed by the directors was £nil. During the year, the company made advances to directors amounting to £22,522. At 31 January 2024, the balance owed by the directors was £22,522.

11. Ultimate controlling party

Parent Company:

DT9 Group LimitedIncorporated in England and Wales.

Registered office is Motivo, Bluebell Road, Alvington, Yeovil, Somerset, United Kingdom, BA20 2FG

These financial statements are available upon request from Companies House, Cardiff.