Everflow Telecoms Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11624217 (England and Wales)

Audited Financial Statements

for the Year Ended 31 December 2024

for

Everflow Telecoms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J D Cleave

J Gill

A E Straker

C L Dallison

L Armstrong

J R Garrett

A Sheldon

REGISTERED OFFICE:

Traynor Hub (T2)

Traynor Way

Whitehouse Business Park

Peterlee

SR8 2RU

REGISTERED NUMBER:

11624217 (England and Wales)

SENIOR STATUTORY AUDITOR:

Kevin Shotton BA BFP FCA

AUDITORS:

Clive Owen LLP

Chartered Accountants

& Statutory Auditors

140 Coniscliffe Road

Darlington

County Durham

DL3 7RT

FIXED ASSETS

Intangible assets

4

57

-

CURRENT ASSETS

Debtors

5

1,329

100

Cash at bank

3,990

-

5,319

100

CREDITORS

Amounts falling due within one year

6

(114,936

)

-

NET CURRENT (LIABILITIES)/ASSETS

(109,617

)

100

TOTAL ASSETS LESS CURRENT
LIABILITIES

(109,560

)

100

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

(109,660

)

-

SHAREHOLDERS' FUNDS

(109,560

)

100

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 Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

J D Cleave - Director

1.	STATUTORY INFORMATION

Everflow Telecoms 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.

There were no departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company, with the support of the group, has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Income recognition

Income is recognised in the period in which the service is provided to the customer.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 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.

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.

Intangible assets

Intangible assets are initially recorded at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Broker Customer Acquisition Costs are amortised in line with the contract length to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Broker

customer

acquisition

costs

£

COST

Additions

63

At 31 December 2024

63

AMORTISATION

Amortisation for year

6

At 31 December 2024

6

NET BOOK VALUE

At 31 December 2024

57

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

941

-

Amounts owed by group undertakings

100

Prepayments and accrued income

288

-

1,329

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

5,112

-

Amounts owed to group undertakings

103,597

-

Accruals and deferred income

6,227

-

114,936

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

100

Ordinary

£1

100

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shotton BA BFP FCA (Senior Statutory Auditor)

for and on behalf of Clive Owen LLP

9.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Everflow Holdings Limited. The parent company registered office is Traynor Hub (T2) Traynor Way, Whitehouse Business Park, Peterlee SR8 2RU.