Microtalk Group Holdings Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 09623444

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		152,962		152,962

			152,962		152,962
CURRENT ASSETS
Debtors	5	233,451		298,289
Cash at bank and in hand		1,919		1,342

		235,370		299,631
Creditors: Amounts Falling Due Within One Year	6	(22,251 )		(22,252 )

NET CURRENT ASSETS (LIABILITIES)			213,119		277,379

TOTAL ASSETS LESS CURRENT LIABILITIES			366,081		430,341

NET ASSETS			366,081		430,341

CAPITAL AND RESERVES
Called up share capital	7		2,300		2,300
Profit and Loss Account			363,781		428,041

SHAREHOLDERS' FUNDS			366,081		430,341

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Havel

Director

29/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Microtalk Group Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09623444 . The registered office is Riverbank House, 1 Putney Bridge Approach, London, SW6 3JD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2024	152,962

As at 31 December 2024	152,962

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	152,962

As at 1 January 2024	152,962

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Microtalk Group Data Services Limited (Company Number: 09828524)

Incorporated in England & Wales

Nature of business: Information Technology

Aggregate capital and reserves at 31 December2024: £186; (31 December 2023: £186)

Profit/(loss) for the period ended 31 December 2024: £Nil; (31 December 2022: (5));

Microtalk Europe Limited (Company Number: 05317737)

Incorporated in England & Wales

Nature of business: Telecommunications

Aggregate capital and reserves at 31 December 2024 £1,083,321; (31 December 2023 £1,071,256)

Profit/(loss) for the year ended 31 December 2024: £12,065; (31 December 2023: £222,619);

Microtalk SME Limited (Company Number: 06477169)

(formerly called Microtalk Wholesale Limited)

...CONTINUED

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Microtalk Group Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Investments - continued

Incorporated in England & Wales

Nature of business: Telecommunications

Aggregate capital and reserves at 31 December 2024: £76,531; (31 December 2023: £32,247)

Profit/(loss) for the year ended 31 December 2024: £44,284; (31 December 2023: £(4,093);

RSR Communications Limited (Company Number: 06145604)

Incorporated in England & Wales

Nature of business: Telecommunications

Aggregate capital and reserves at 31 December 2024: £9,483; (31 December 2023: £9,483)

Profit/(loss) for the period ended 31 December 2024 £Nil; (31 December 2023: £7,646).

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	925	-
Other debtors	189,083	298,289
Director's loan account	43,443	-

	233,451	298,289

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	(1 )	-
Other creditors	22,252	22,252

	22,251	22,252

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2,300	2,300

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Paul Havel	38,743	79,700	75,000	-	43,443

The above loan was unsecured, repayable on demand, and interest was charged during during the period.

9. Exemption From Consolidation

Microtalk Group Holdings Limited is exempt from preparing consolidated accounts and elects not to do so under S.399 of Companies Act 2006 and Section 9.3 of FRS 102 Section 1A.

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