REGISTERED NUMBER: 03971385 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

ANT Telecommunications Limited

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

K P Allion

P A Smith

SECRETARY:

K P Allion

REGISTERED OFFICE:

Unit 5, The Courtyard

Meadowbank

Furlong Road

Bourne End

Buckinghamshire

SL8 5AU

REGISTERED NUMBER:

03971385 (England and Wales)

ACCOUNTANTS:

Reece & Co.

Building 1

St. Cross Chambers

Upper Marsh Lane

Hoddesdon

Hertfordshire

EN11 8LQ

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Reece & Co.

Building 1

St. Cross Chambers

Upper Marsh Lane

Hoddesdon

Hertfordshire

EN11 8LQ

5 September 2025

FIXED ASSETS

Tangible assets

4

26,716

43,903

CURRENT ASSETS

Stocks

162,369

198,664

Debtors

5

1,887,983

2,001,456

Cash at bank and in hand

383,096

499,062

2,433,448

2,699,182

CREDITORS

Amounts falling due within one year

6

336,266

790,328

NET CURRENT ASSETS

2,097,182

1,908,854

TOTAL ASSETS LESS CURRENT LIABILITIES

2,123,898

1,952,757

CREDITORS

Amounts falling due after more than one year

7

(6,536

)

(16,536

)

PROVISIONS FOR LIABILITIES

9

(2,625

)

(5,352

)

NET ASSETS

2,114,737

1,930,869

CAPITAL AND RESERVES

Called up share capital

10

10,000

10,000

Revaluation reserve

11

4

4

Retained earnings

11

2,104,733

1,920,865

SHAREHOLDERS' FUNDS

2,114,737

1,930,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

K P Allion - Director

P A Smith - Director

1.	STATUTORY INFORMATION

ANT Telecommunications Limited 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.

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 represents net invoiced value of goods, services and aggregate rental charges, excluding value added tax. Amounts receivable under Maintenance contracts and Rental agreements are recognised as turnover in so far as the charges relate to the period under review. Charges relating to future accounting periods are apportioned accordingly.

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 debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year) including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payable or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

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

Judgements and key sources of estimation uncertainty

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision effects only that period, or in the period of the revision and future periods, if the revision effects both current and future periods.

The directors do not believe that there have been judgements (apart from those involving estimates) made in the process of applying the above accounting policies that have had a significant effect on amounts recognised in the financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Rented Equipment

-

at varying rates on cost

Test Equipment

-

25% on cost

Office Furniture & Fixing

-

25% on cost

Computer equipment

-

33% on reducing balance and 33% on cost

The estimated useful life of equipment rented to customers is the unexpired period of the rental agreement or five years whichever is the shorter.

Stocks

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

Work in progress is reduced by payments received on account with excess amounts shown in creditors.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 25 (2023 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Office

Rented

Test

Furniture

Computer

Equipment

Equipment

& Fixing

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

106,032

75,475

32,171

31,613

245,291

DEPRECIATION

At 1 January 2024

72,542

75,475

29,136

24,235

201,388

Charge for year

12,139

-

3,033

2,015

17,187

At 31 December 2024

84,681

75,475

32,169

26,250

218,575

NET BOOK VALUE

At 31 December 2024

21,351

-

2

5,363

26,716

At 31 December 2023

33,490

-

3,035

7,378

43,903

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

386,440

534,558

Amounts owed by group undertakings

1,281,524

1,266,532

Other debtors

220,019

200,366

1,887,983

2,001,456

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,680

10,648

Trade creditors

83,198

341,790

Taxation and social security

81,953

185,086

Other creditors

160,435

252,804

336,266

790,328

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

6,536

16,536

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Between one and five years

49,264

63,842

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

2,625

5,352

Deferred

tax

£

Balance at 1 January 2024

5,352

Reduction for the year

(2,727

)

Balance at 31 December 2024

2,625

The provision for deferred taxation is made up of accelerated capital allowances.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,000,000

Ordinary

£0.01

10,000

10,000

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2024

1,920,865

4

1,920,869

Profit for the year

183,868

183,868

At 31 December 2024

2,104,733

4

2,104,737

12.	RELATED PARTY DISCLOSURES

The ultimate holding company is ANT Telecommunications Holdings Limited registered in England and Wales

The Company is controlled by the directors who own all the issued ordinary share capital in the Holding Company.

The Company has paid £30,000 (2023 £30,000) to it's Holding Company for management services.