Demco Communications Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—4

Registered number: 02694694

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,313		13,309

			11,313		13,309
CURRENT ASSETS
Debtors	5	6,465		6,462
Cash at bank and in hand		12,908		18,249

		19,373		24,711
Creditors: Amounts Falling Due Within One Year	6	(20,674 )		(22,985 )

NET CURRENT ASSETS (LIABILITIES)			(1,301 )		1,726

TOTAL ASSETS LESS CURRENT LIABILITIES			10,012		15,035

NET ASSETS			10,012		15,035

CAPITAL AND RESERVES
Called up share capital	7		10,000		10,000
Income Statement			12		5,035

SHAREHOLDERS' FUNDS			10,012		15,035

For the year ending 31 March 2025 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 her 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 Income Statement.

On behalf of the board

Mrs Pandelitsa Demetriou

Director

10 October 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Demco Communications Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02694694 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.

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; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	15% reducing balance
Computer Equipment	15% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.6. Financial Instruments

Basic financial assets

Basic financial assets include cash, trade receivables, loans receivable and other financial instruments that meet the relevant conditions.

These assets are initially recognised at transaction price (including transaction costs) unless the arrangement constitutes a financing transaction, in which case the asset is measured at the present value of future receipts discounted at a market rate of interest.

Subsequently, basic financial assets are measured at amortised cost using the effective interest method, less any impairment losses. At each reporting date, the company assesses whether there is objective evidence of impairment. If such evidence exists, the carrying amount is reduced and the loss is recognised in the income statement.

Basic financial assets are derecognised when the rights to the cash flows from the asset expire or are substantially transferred to a third party.

Basic financial liabilities

...CONTINUED

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Demco Communications Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Financial Instruments - continued

Basic financial liabilities include trade payables, accruals, loans payable and other financial instruments that meet the relevant conditions.

These liabilities are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction. In such cases, the liability is measured at the present value of future payments discounted at a market rate of interest.

Subsequently, basic financial liabilities are measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the obligation is discharged, cancelled, or expires.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	78,408	146,422	224,830

As at 31 March 2025	78,408	146,422	224,830

Depreciation
As at 1 April 2024	73,127	138,394	211,521
Provided during the period	792	1,204	1,996

As at 31 March 2025	73,919	139,598	213,517

Net Book Value
As at 31 March 2025	4,489	6,824	11,313

As at 1 April 2024	5,281	8,028	13,309

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	6,465	6,462

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	6,408	7,921
Bank loans and overdrafts	9,464	9,645
Other taxes and social security	2,614	2,853
VAT	588	846
Accruals and deferred income	1,600	1,600
Director's loan account	-	120

	20,674	22,985

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Demco Communications Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

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